$4,809 Closing Credit*
$405,000
1,445 SqFt
3 Beds
•2 Full Baths
Julie Youngblood, Listing Office: Keller Williams Realty Las Veg
Is 89002, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,000(+4.7%)
Key Takeaway
Homes in 89002 have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in 89002 was $450,000 in November 2024, up 4.7% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $202.7K | $209.9K | +3.6% |
| 2 Bedrooms | $310K | $289.9K | -6.5% |
| 3 Bedrooms | $396K | $416K | +5.1% |
| 4 Bedrooms | $495K | $500K | +1.0% |
| 5+ Bedrooms | $622.5K | $654.5K | +5.1% |
Summary: 89002 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.6%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 1%, and 5+ bedroom homes increased by 5.1%.
Housing Supply in 89002, NV
How many homes are available in 89002, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 170 | 168 | -1.2% |
Summary: The 89002 real estate market had 168 homes for sale in November 2024, a 1.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 79 | 72 | -8.9% |
| 4 Bedrooms | 46 | 50 | +8.7% |
| 5+ Bedrooms | 27 | 27 | 0.0% |
Summary: The 89002 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 7.1%, 3 bedroom homes decreased by 8.9%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 43 | 35 | -18.6% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89002, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 89002 in November 2024, down by 18.6% month-over-month. Of the 35 sold homes, 60% were sold under asking, 23% were sold at asking, and 17% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 27 Days | +17.1% |
Summary: Homes in 89002 had an average of 27 days on market in Nov 2024, up by 17.1% compared to last year.
Breakdown of Home Sale Times
26 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 89002 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 89002; 74% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 3% 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.