Is Douglas County, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Douglas County is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Douglas County has remained a Seller's Market.

Key Takeaway

Douglas County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Douglas County, NV

How much do homes in Douglas County, NV cost?

Median Sold Price

$695,100

$360/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$95,100(+15.8%)

Key Takeaway

Homes in Douglas County have sold for 15.9% more than they did a year ago.

Summary: The median home sold price in Douglas County was $695,100 in October 2024, up 15.8% from last year, and the median price per square foot was $360.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $422.5K$382.5K
-9.5%
2 $460K$465K
+1.1%
3 $562.5K$631.8K
+12.3%
4 $955K$939.7K
-1.6%
5+ $1.5M$1.4M
-8.3%

Summary: Douglas County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.5%, 2 bedroom homes increased by 1.1%, 3 bedroom homes increased by 12.3%, 4 bedroom homes decreased by 1.6%, and 5+ bedroom homes decreased by 8.3%.

Median Sold Price Compared To Nearby Counties

Douglas County
+15.8%
Lyon County
+3.7%

Housing Supply in Douglas County, NV

How many homes are available in Douglas County, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
401385-4.0%

Summary: The Douglas County real estate market had 385 homes for sale in October 2024, a 4.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 99
0.0%
2 4139
-4.9%
3 207201
-2.9%
4 9281
-12.0%
5+ 5255
+5.8%

Summary: The Douglas County 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 decreased by 4.9%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes increased by 5.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
7482+10.8%

Asking Price vs. Sold Price

48 Homes Were Sold
Under Asking

27 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Douglas County, you may be able to get a good deal. 58.5% of homes here sold below asking price last month.

Summary: A total of 82 homes were sold or pending in Douglas County in October 2024, up by 10.8% month-over-month. Of the 82 sold homes, 59% were sold under asking, 33% were sold at asking, and 9% were sold over asking.

Days on Market for Douglas County, NV

How long does it take to sell a home in Douglas County, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
86 Days101 Days+16.5%

Summary: Homes in Douglas County had an average of 101 days on market in Oct 2024, up by 16.5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

45 Homes Were Sold
In 30 - 90 Days

34 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Douglas County has remained consistent over time.

Summary: During October 2024, 82 homes were sold in Douglas County; 4% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 41% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 3 Days Ago

Newest Listings in Douglas County, NV

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