Is Laughlin, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Laughlin is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Laughlin was a Seller's Market.

Key Takeaway

Laughlin is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Laughlin, NV

How much do homes in Laughlin, NV cost?

Median Sold Price

$242,000

$185/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+2.1%)

Key Takeaway

Homes in Laughlin have sold for 2.1% more than they did a year ago.

Summary: The median home sold price in Laughlin was $242,000 in November 2024, up 2.1% from last year, and the median price per square foot was $185.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $123.5K$134.5K
+8.9%
2 $185.2K$180K
-2.8%
3 $302.7K$298.8K
-1.3%
4 $405K$379.9K
-6.2%
5+ --
N/A

Summary: Laughlin housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.9%, 2 bedroom homes decreased by 2.8%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes decreased by 6.2%, and 5+ bedroom homes did not change.

Housing Supply in Laughlin, NV

How many homes are available in Laughlin, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
117138+17.9%

Summary: The Laughlin real estate market had 138 homes for sale in November 2024, a 17.9% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 1113
+18.2%
2 6068
+13.3%
3 3343
+30.3%
4 1213
+8.3%
5+ 11
0.0%

Summary: The Laughlin housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 13.3%, 3 bedroom homes increased by 30.3%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
12120.0%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Laughlin, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 12 homes were sold or pending in Laughlin in November 2024, the same as the previous month. Of the 12 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Laughlin, NV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
51 Days76 Days+47.4%

Summary: Homes in Laughlin had an average of 76 days on market in Nov 2024, up by 47.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Laughlin are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During November 2024, 12 homes were sold in Laughlin; 33% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 42% 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 17 Days Ago

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