Why Live in Rancho Oakey
Rancho Oakey, located southwest of downtown Las Vegas and near the Strip, is a walkable and bikeable neighborhood known for its historic district and diverse architecture. The area features spacious single-family homes on large, tree-studded lots, including midcentury modern, colonial, Spanish-style, and lavish estates. Notable subdivisions include Pinto Palomino with luxury compounds, guard-gated Rancho Estates, and Spanish Oaks with amenities like pools and tennis courts. The exclusive Scotch 80s community is known for its mid-century ranch estates that have attracted celebrities. The neighborhood is served by the Clark County School District, with Ed W. Clark High School recognized for its STEM program and high ratings. Rancho Oakey offers two parks: Bob Baskins Park, with green spaces and lit tennis courts, and Springs Preserve, featuring paved trails, wildlife exhibits, and the Nevada State Museum. Local attractions include the Punk Rock Museum, Las Vegas North Premium Outlets, and Meadows Mall. Dining options around Sahara Boulevard include Boathouse at the Palace Station Casino, Omelet House, and Frankie’s Tiki Room. The neighborhood's proximity to U.S. Route 95 and Interstate 15 provides easy access to Harry Reid International Airport, 6 miles away, and the University of Nevada, Las Vegas, 5 miles away. Public transit is available through the Regional Transportation Commission of Southern Nevada, and healthcare needs are met by Valley Hospital Medical Center and the University Medical Center within the neighborhood.
Frequently Asked Questions
Is Rancho Oakey a good place to live?
Rancho Oakey is a good place to live. Rancho Oakey is considered somewhat walkable and somewhat bikeable with some transit options. Rancho Oakey is a suburban neighborhood. Rancho Oakey has 6 parks for recreational activities. It is fairly sparse in population with 5.3 people per acre and a median age of 42. The average household income is $92,851 which is below the national average. College graduates make up 34.1% of residents. A majority of residents in Rancho Oakey are home owners, with 47.2% of residents renting and 52.8% of residents owning their home. A
local real estate agent serving Rancho Oakey can help you decide if this neighborhood is the right one for you. Learn more on our
Rancho Oakey neighborhood guide.
How much do you need to make to afford a house in Rancho Oakey?
The median home price in Rancho Oakey is $428,990. If you put a 20% down payment of $85,800 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,220 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $95K a year to afford the median home price in Rancho Oakey. The average household income in Rancho Oakey is $93K.
What are the best public schools in Rancho Oakey?
The best public schools that serve Rancho Oakey are:
What are the best private schools in Rancho Oakey?
The best private schools that serve Rancho Oakey are:
What are the most popular zip codes in Rancho Oakey, Las Vegas, NV?
What are the most popular neighborhoods near Rancho Oakey, Las Vegas, NV?
Home Trends in Rancho Oakey, NV
On average, homes in Rancho Oakey, Las Vegas sell after 77 days on the market compared to the national average of 70 days. The median sale price for homes in Rancho Oakey, Las Vegas over the last 12 months is $451,995, up 13% from the median home sale price over the previous 12 months.
Median Sale Price
$451,995
Median Single Family Sale Price
$419,873
Median Townhouse Sale Price
$470,990
Median 2 Bedroom Sale Price
$247,500
Median 1 Bedroom Sale Price
$405,000
Average Price Per Sq Ft
$288
Number of Homes for Sale
14
Last 12 months Home Sales
153
Median List Price
$428,990
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
13%
