Is Rancho Charleston, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Rancho Charleston has remained a Seller's Market.
Housing Prices in Rancho Charleston, NV
How much do homes in Rancho Charleston, NV cost?
Median Sold Price
$410,000
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Rancho Charleston was $410,000 in April 2024, down 2.1% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $278K | $265K | -4.7% |
3 Bedrooms | $385K | $402.5K | +4.5% |
4 Bedrooms | $455K | $497.5K | +9.3% |
5+ Bedrooms | $860K | $1.0M | +25.0% |
Summary: Rancho Charleston housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 4.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 25%.
Median Sold Price Compared To Nearby Neighborhoods
Spanish Oaks | $522K | $610K | +16.9% |
McNeil Park | $627.5K | $620K | -1.2% |
Rancho Charleston | $419K | $410K | -2.1% |
Housing Supply in Rancho Charleston, NV
How many homes are available in Rancho Charleston, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
99 | 122 | +23.2% |
Summary: The Rancho Charleston real estate market had 122 homes for sale in April 2024, a 23.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 17 | 0.0% |
3 Bedrooms | 40 | 49 | +22.5% |
4 Bedrooms | 28 | 37 | +32.1% |
5+ Bedrooms | 14 | 19 | +35.7% |
Summary: The Rancho Charleston housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 22.5%, 4 bedroom homes increased by 32.1%, and 5+ bedroom homes increased by 35.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
14 | 32 | +128.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Rancho Charleston in April 2024, up by 128.6% month-over-month. Of the 32 sold homes, 53% were sold under asking, 22% were sold at asking, and 25% were sold over asking.
Days on Market for Rancho Charleston, NV
How long does it take to sell a home in Rancho Charleston, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
60 Days | 28 Days | -52.4% |
Summary: Homes in Rancho Charleston had an average of 28 days on market in Apr 2024, down by 52.4% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 32 homes were sold in Rancho Charleston; 75% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.