Is Laughlin, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Laughlin was a Seller's Market.
Housing Prices in Laughlin, NV
How much do homes in Laughlin, NV cost?
Median Sold Price
$247,450
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Laughlin was $247,450 in March 2024, up 4.4% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $130K | $130.1K | 0.1% |
2 Bedrooms | $188.2K | $185.7K | -1.3% |
3 Bedrooms | $295K | $302.7K | +2.6% |
4 Bedrooms | $392.5K | $390K | -0.6% |
5+ Bedrooms | $553K | - | N/A |
Summary: Laughlin housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.1%, 2 bedroom homes decreased by 1.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes decreased by 0.6%, 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
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
116 | 129 | +11.2% |
Summary: The Laughlin real estate market had 129 homes for sale in March 2024, a 11.2% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 54 | 65 | +20.4% |
3 Bedrooms | 42 | 44 | +4.8% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laughlin housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20.4%, 3 bedroom homes increased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
22 | 18 | -18.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 18 homes were sold or pending in Laughlin in March 2024, down by 18.2% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% 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
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
69 Days | 70 Days | +1.4% |
Summary: Homes in Laughlin had an average of 70 days on market in Mar 2024, up by 1.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Summary: During March 2024, 18 homes were sold in Laughlin; 33% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 28% of homes were sold over 90 days.