$10,000 Closing Credit*
$1,050,000
3,914 SqFt
2 Beds
•1 Full Bath
Susie Bigelow, Listing Office: Epique Realty
Is 89002, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 89002 has remained a Seller's Market.
Key Takeaway
89002 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89002, NV
How much do homes in 89002, NV cost?
Median Sold Price
$450,000
$242/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,832(+4.6%)
Key Takeaway
Homes in 89002 have sold for 4.6% more than they did a year ago.
Summary: The median home sold price in 89002 was $450,000 in October 2024, up 4.6% from last year, and the median price per square foot was $242.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.5K | $209.9K | +3.7% |
| 2 Bedrooms | $305K | $290K | -4.9% |
| 3 Bedrooms | $396.4K | $410K | +3.4% |
| 4 Bedrooms | $495K | $507K | +2.4% |
| 5+ Bedrooms | $630K | $647K | +2.7% |
Summary: 89002 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.7%, 2 bedroom homes decreased by 4.9%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 2.4%, and 5+ bedroom homes increased by 2.7%.
Housing Supply in 89002, NV
How many homes are available in 89002, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 162 | 181 | +11.7% |
Summary: The 89002 real estate market had 181 homes for sale in October 2024, a 11.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 5 | +25.0% |
| 2 Bedrooms | 12 | 13 | +8.3% |
| 3 Bedrooms | 80 | 83 | +3.8% |
| 4 Bedrooms | 40 | 50 | +25.0% |
| 5+ Bedrooms | 26 | 30 | +15.4% |
Summary: The 89002 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 25%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 42 | +50.0% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89002, you may be able to get a good deal. 52.4% of homes here sold below asking price last month.
Summary: A total of 42 homes were sold or pending in 89002 in October 2024, up by 50.0% month-over-month. Of the 42 sold homes, 52% were sold under asking, 24% were sold at asking, and 24% were sold over asking.
Days on Market for 89002, NV
How long does it take to sell a home in 89002, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 26 Days | 44 Days | +67.0% |
Summary: Homes in 89002 had an average of 44 days on market in Oct 2024, up by 67% compared to last year.
Breakdown of Home Sale Times
23 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89002 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 42 homes were sold in 89002; 55% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.