I would compare lease pricing, lease pace, and sale pricing before deciding.
If you own property and are weighing a sale against keeping it as a rental, I would put both sides of the market on the same page before choosing. In Rhodes Ranch, NV over the last three months, new lease listings showed a typical asking rent of $2,275, while the sale side recently closed at a typical $480,000.
That comparison does not hand you a one-size-fits-all answer, but it does give you a decision frame. On the lease side in Rhodes Ranch, NV, pending rentals were at a typical $1,875 and recently leased homes were at $1,800, while the typical time to reach lease pending was 17 days over the last three months.
On the sale side, recent closed homes were at $480,000 and accepted offers averaged 98.5% of asking over the previous 30 days. I read that as a market where either path can be workable, but only if the property condition, your timing, and your expectations fit the numbers instead of fighting them.
Compare your likely sale price to the recent closed level first. Then compare your realistic lease ask to the recent pending and leased range, not just the highest new rental listing. Make the decision from realistic pricing on both sides. That is the cleanest way to avoid a hold-or-sell choice based on wishful thinking.
