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.
Home Trends in Rancho Oakey, NV
On average, homes in Rancho Oakey, Las Vegas sell after 52 days on the market compared to the national average of 51 days. The median sale price for homes in Rancho Oakey, Las Vegas over the last 12 months is $617,500, up 5% from the median home sale price over the previous 12 months.
Median Sale Price
$617,500
Median Single Family Sale Price
$650,000
Median Townhouse Sale Price
$369,900
Average Price Per Sq Ft
$316
Number of Homes for Sale
48
Last 12 months Home Sales
140
Median List Price
$680,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%