Is Laughlin, 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, Laughlin has remained a Seller's Market.
Key Takeaway
Laughlin is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Laughlin, NV
How much do homes in Laughlin, NV cost?
Median Sold Price
$250,000
$182/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Laughlin have sold for 5% more than they did a year ago.
Summary: The median home sold price in Laughlin was $250,000 in April 2024, up 5% from last year, and the median price per square foot was $182.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $127.5K | $133.5K | +4.7% |
| 2 Bedrooms | $189.9K | $185.7K | -2.2% |
| 3 Bedrooms | $300K | $305K | +1.7% |
| 4 Bedrooms | $392.5K | $400K | +1.9% |
| 5+ Bedrooms | $553K | - | N/A |
Summary: Laughlin housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes decreased by 2.2%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 1.9%, 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
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 122 | 131 | +7.4% |
Summary: The Laughlin real estate market had 131 homes for sale in April 2024, a 7.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 65 | 70 | +7.7% |
| 3 Bedrooms | 40 | 42 | +5.0% |
| 4 Bedrooms | 12 | 13 | +8.3% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Laughlin housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 8.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 18 | 26 | +44.4% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Laughlin, you may be able to get a good deal. 80.8% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Laughlin in April 2024, up by 44.4% month-over-month. Of the 26 sold homes, 81% were sold under asking, 8% were sold at asking, and 12% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 44 Days | 52 Days | +17.7% |
Summary: Homes in Laughlin had an average of 52 days on market in Apr 2024, up by 17.7% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Laughlin are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 26 homes were sold in Laughlin; 62% of homes were sold within 30 days, 15% of homes were sold within 30 to 90 days, and 23% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.