Caughlin Ranch, Reno, NV—89519
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Caughlin Ranch, Reno, NV
As of Oct '25, the median home price in Caughlin Ranch, Reno, NV is $867,000, with a year-over-year change of 1.3%. This indicates that home prices in Caughlin Ranch, Reno, NV are increasing. According to Zillow, the 1-year price projection is 0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $867,000 | 1.3% |
| Single Family | $869,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $424,000 | 3.2% |
3 Bed | $795,000 | 0.6% |
4 Bed | $1,094,000 | 1.0% |
| 5 Bed | $1,428,000 | 1.7% |
% of Housing Stock
Rental Trends — Caughlin Ranch, Reno, NV
As of July '25, Rentcast reports the average rent in Caughlin Ranch, Reno, NV is $3,130, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Caughlin Ranch, Reno, NV is 1-bedrooms: $1,630, 2-bedrooms: $1,940, 3-bedrooms: $3,290, 4-bedrooms: $5,250. The most common rental property sizes in Caughlin Ranch, Reno, NV are 2-bedroom and 3-bedroom, accounting for 60.5% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,150 | $3,130 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,630 | $1,630 |
| 2 Bed Rent | $1,600 | $1,940 |
| 3 Bed Rent | $3,200 | $3,290 |
| 4 Bed Rent | $5,000 | $5,250 |
% of Rental Stock
Property Listings — Caughlin Ranch, Reno, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Caughlin Ranch, Reno, NV is 53. This is a increase of 46.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $1,100,000 | -23.0% |
Listing Count | 59 | -14.0% |
| Listings as % of Homes | 0.9% | -14.0% |
Days on Market | 53 | 46.0% |
Demographics — Caughlin Ranch, Reno, NV
As of the latest ACS Survey released in 2023, Caughlin Ranch, Reno, NV has a population of 8,720, which has increased by 2.8% over the past 5 years. Caughlin Ranch, Reno, NV is a moderately popular place for families, as children make up 17.1% of the population. The area has a highly educated workforce, with 59.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 19.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,720 | 2.8% |
% Under 18 | 17.1% | -7.1% |
% Seniors | 31.9% | 4.9% |
% WFH | 19.5% | 121.6% |
% w/ College Degree | 59.3% | 4.2% |
As of the latest ACS Survey released in 2023, Caughlin Ranch, Reno, NV is a predominantly white area, with 83.7% of the population identifying as white. The white population has grown by 0.4% in the last 5 years. The second most common race or ethnicity in Caughlin Ranch, Reno, NV is hispanic, making up 6.6% of the population. Foreign-born residents account for 10.4% of the population in Caughlin Ranch, Reno, NV, and this percentage has decreased by 8.8% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 83.7% | 0.4% |
% Black | 1.6% | 700.0% |
% Hispanic | 6.6% | -19.5% |
% Asian | 5.8% | 41.5% |
% Foreign Born | 10.4% | -8.8% |
Mortgage and Risk — Caughlin Ranch, Reno, NV
According to HUD data as of 2023, there were 115 mortgage originations in Caughlin Ranch, Reno, NV, of which 94.0% of loans were conventional mortgages. The average loan-to-value was 49.0%, with 4.0% above 90% LTV (normal). This implies small mortgage risk in Caughlin Ranch, Reno, NV. Investor activity is low, as 3.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 115 |
% Conventional Loans | 94.0% |
% Government Loans | 6.0% |
% Investor Loans | 3.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Caughlin Ranch, Reno, NV
As of 2024, the percent of homes in Caughlin Ranch, Reno, NV under the Section 8 program is 0.1%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Caughlin Ranch, Reno, NV, because HUD payments exceed market rent, while 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $260 | $1,630 | $1,890 |
| 2 Bedroom | $780 | $1,600 | $2,380 |
| 3 Bedroom | $90 | $3,200 | $3,290 |
| 4 Bedroom | -$1,150 | $5,000 | $3,850 |
Affordability — Caughlin Ranch, Reno, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.4 |
| Median Home Price | $867,000 |
| Median Household Income | $155,000 |