$10,000 Closing Credit*
$1,300,000
4,819 SqFt
5 Beds
•4 Full Baths
Karina Johnson, Listing Office: RE/MAX Gold
Is Caughlin Ranch, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Caughlin Ranch has remained a Seller's Market.
Key Takeaway
Caughlin Ranch is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Caughlin Ranch, NV
How much do homes in Caughlin Ranch, NV cost?
Median Sold Price
$762,500
$350/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$47,500(+6.6%)
Key Takeaway
Homes in Caughlin Ranch have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Caughlin Ranch was $762,500 in October 2024, up 6.6% from last year, and the median price per square foot was $350.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $632.5K | $722.5K | +14.2% |
| 3 Bedrooms | $675K | $711.5K | +5.4% |
| 4 Bedrooms | $759K | $790K | +4.1% |
| 5+ Bedrooms | $1.4M | $1.0M | -24.2% |
Summary: Caughlin Ranch housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 14.2%, 3 bedroom homes increased by 5.4%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 24.2%.
Housing Supply in Caughlin Ranch, NV
How many homes are available in Caughlin Ranch, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 31 | 19 | -38.7% |
Summary: The Caughlin Ranch real estate market had 19 homes for sale in October 2024, a 38.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 11 | 5 | -54.5% |
| 4 Bedrooms | 14 | 11 | -21.4% |
| 5+ Bedrooms | 4 | 1 | -75.0% |
Summary: The Caughlin Ranch housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 54.5%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes decreased by 75%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 4 | -69.2% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Caughlin Ranch, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Caughlin Ranch in October 2024, down by 69.2% month-over-month. Of the 4 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Caughlin Ranch, NV
How long does it take to sell a home in Caughlin Ranch, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 42 Days | 80 Days | +89.8% |
Summary: Homes in Caughlin Ranch had an average of 80 days on market in Oct 2024, up by 89.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Caughlin Ranch has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Caughlin Ranch; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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