Caliente, NV

Real estate in Caliente is a hot commodity. The town has a population of just over 2,000 people and there is plenty of room to grow. The median home price in the town is $269,000, which is considerably higher than the statewide median home price of $205,000.

The main attraction for buyers in Caliente is the close proximity to Las Vegas. It takes just under an hour to drive from Caliente to Sin City and the traffic isn't too bad. Additionally, there are plenty of amenities available in Las Vegas that are not available in Caliente. For example, there are numerous shopping malls and restaurants that are not available in the town.

Another reason why buyers are interested in real estate in Caliente is the low cost of living. The average monthly rent for a two-bedroom apartment is just $1,050 and the average monthly mortgage payment on a house is just $1,500. These prices make it possible for people to buy homes without having to sacrifice too much money on their monthly bills.