$7,501 Closing Credit*
$631,672
2,300 SqFt
4 Beds
•2 Full Baths, 1 Partial
Michael Wood, Listing Office: RE/MAX Professionals-Reno
Is Kiley Ranch South, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Kiley Ranch South has remained a Seller's Market.
Key Takeaway
Kiley Ranch South is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Kiley Ranch South, NV
How much do homes in Kiley Ranch South, NV cost?
Median Sold Price
$505,000
$296/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$10,050(+2.0%)
Key Takeaway
Homes in Kiley Ranch South have sold for 2% more than they did a year ago.
Summary: The median home sold price in Kiley Ranch South was $505,000 in November 2024, up 2% from last year, and the median price per square foot was $296.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $399.1K | $435K | +9.0% |
| 3 Bedrooms | $495K | $507.5K | +2.5% |
| 4 Bedrooms | $535K | $585K | +9.3% |
| 5+ Bedrooms | $636.2K | - | N/A |
Summary: Kiley Ranch South housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Kiley Ranch North | $530K | $559K | +5.5% |
| Kiley Ranch South | $494.9K | $505K | +2.0% |
Housing Supply in Kiley Ranch South, NV
How many homes are available in Kiley Ranch South, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The Kiley Ranch South real estate market had 21 homes for sale in November 2024, a 16.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 4 | -33.3% |
| 3 Bedrooms | 16 | 14 | -12.5% |
| 4 Bedrooms | 3 | 3 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Kiley Ranch South housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 11 | 4 | -63.6% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Kiley Ranch South, expect to pay close to the asking price. 75% of homes here sold near the asking price last month.
Summary: A total of 4 homes were sold or pending in Kiley Ranch South in November 2024, down by 63.6% month-over-month. Of the 4 sold homes, 25% were sold under asking, 75% were sold at asking, and 0% were sold over asking.
Days on Market for Kiley Ranch South, NV
How long does it take to sell a home in Kiley Ranch South, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 54 Days | 37 Days | -32.2% |
Summary: Homes in Kiley Ranch South had an average of 37 days on market in Nov 2024, down by 32.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Kiley Ranch South has remained consistent over time.
Summary: During November 2024, 4 homes were sold in Kiley Ranch South; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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