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Martin Guaglione
Realtor · Las Vegas
Market Report
Rhodes Ranch, Spring Valley, NV · Single Family Homes · August 2026

Rhodes Ranch Market Report
August 2026

Martin Guaglione
Martin Guaglione
Updated September 26, 2026 · Market Analysis
Aerial view of Rhodes Ranch golf course community in southwest Las Vegas with Mediterranean-style homes, palm trees, and desert mountains under a bright summer sky

Highlights
Market Snapshot

Key highlights for August 2026

Market Type
Seller's Market
Leaning balanced
Median Sold Price
$475,000
+6.86% month over month
Sold to List Price
97.9%
Median Days on Market
25
Months of Inventory
5.2
Active Listings
213
New Listings in August
83

01
August 2026

Sold Listings

Median Sold Price
$475,000
+6.9% MoM
Number Sold
36
+26.5% MoM
Sold to List Price
97.92%
Median Days in RPR
25
+32.4% MoM
Median Price/Sqft
$247
Total Sales Volume
$18,889,265

02
End of August 2026

Active Listings

Median List Price
$539,000
+1.7% MoM
Number Active
213
+2.9% MoM
Median Days on Market
61
Median Price/Sqft
$249
Total Volume
$149,199,363
Median Living Area
2,310 sqft

03
August 2026

New Listings

Median List Price
$549,480
+9.9% MoM
Number New
83
+5.1% MoM
Median Price/Sqft
$249
Total Volume
$60,637,155
Median Living Area
2,417 sqft

04
End of August 2026

Pending Listings

Median List Price
$489,949
+0.3% MoM
Number Pending
36
+33.3% MoM
Median Days to Go Pending
45
Median Price/Sqft
$237

05
Market Analysis

What this means

Rhodes Ranch is a seller's market leaning balanced with 4.9 months of inventory. This means sellers still have the upper hand, but buyers are gaining ground. Homes are selling at 97.9% of list price on average, indicating that realistic pricing remains key to a successful sale.

The median sold price of $510,000 represents a modest 2% month-over-month increase, showing stable and slightly appreciating values. With 49 homes sold in July, sales activity jumped 48.5% from the prior month, demonstrating a healthy and active market where well-priced homes are moving.

Days on market average 37 days, which is reasonable and gives buyers time to make informed decisions. At the same time, 206 active listings provide buyers with decent selection across the community. New listings of 79 in July, up 11.2% from June, show that more sellers are choosing to list their homes.

For buyers, the balanced-leaning conditions mean you have room to negotiate while still needing to act decisively on well-priced homes. For sellers, pricing competitively from the start remains the winning strategy, as overpriced homes sit longer in a market with growing inventory.

Thinking about buying or selling in Rhodes Ranch?

Martin Guaglione lives in Rhodes Ranch and knows this community inside and out. Whether you are ready to make a move or just want to understand what these numbers mean for you, he is here to help.

Sources
Data Notes

Sources and data notes

All figures on this page are August 2026 single-family figures, the most recent complete month, as reported by Realtors Property Resource® (RPR), LLC, in cooperation with the National Association of Realtors® (NAR). Month-over-month changes reflect RPR's comparison to July 2026. Numbers are reported as provided and may be revised.

Metro context, Source: Las Vegas Realtors (LVR), August 2026 Southern Nevada report, released September 8, 2026. LVR reported a $475,000 median existing single-family price for the valley, down 1.0% year over year and $15,000 below the record $490,000 set in May and June 2026. Active single-family listings stood at 7,590, up 5.3% year over year, with supply at just over 4.5 months. The valleywide median matches Rhodes Ranch's own August median of $475,000, a coincidence of rounded values rather than a comparison.

Public market trackers for comparison: Redfin's Rhodes Ranch neighborhood data shows a median sold price of $485,000 over the three months ending June 2026, down 3.0% year over year, and its ZIP 89148 page shows a median sale price of $490,000 in the most recent month reported, down 1.5% year over year, with homes selling in about 55 days. Windows and methodologies differ, so these are shared as reported, not blended with the RPR figures above.