Is 89014, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89014 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 89014 has remained a Seller's Market.

Key Takeaway

89014 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89014, NV

How much do homes in 89014, NV cost?

Median Sold Price

$418,833

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$9,833(+2.4%)

Key Takeaway

Homes in 89014 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 89014 was $418,833 in November 2024, up 2.4% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $201.2K$210K
+4.3%
2 $255K$272.9K
+7.0%
3 $410K$425K
+3.7%
4 $497.5K$515K
+3.5%
5+ $600K$590K
-1.7%

Summary: 89014 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.3%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 1.7%.

Median Sold Price Compared To Nearby Zip Codes

89120
+11.6%
89122
+7.5%
89012
+4.9%
89074
+4.8%
89014
+2.4%

Housing Supply in 89014, NV

How many homes are available in 89014, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
154171+11.0%

Summary: The 89014 real estate market had 171 homes for sale in November 2024, a 11.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 43
-25.0%
2 3942
+7.7%
3 5459
+9.3%
4 4652
+13.0%
5+ 1115
+36.4%

Summary: The 89014 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 25%, 2 bedroom homes increased by 7.7%, 3 bedroom homes increased by 9.3%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 36.4%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2635+34.6%

Asking Price vs. Sold Price

20 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

9 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89014, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.

Summary: A total of 35 homes were sold or pending in 89014 in November 2024, up by 34.6% month-over-month. Of the 35 sold homes, 57% were sold under asking, 17% were sold at asking, and 26% were sold over asking.

Days on Market for 89014, NV

How long does it take to sell a home in 89014, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
15 Days44 Days+192.6%

Summary: Homes in 89014 had an average of 44 days on market in Nov 2024, up by 192.6% compared to last year.

Breakdown of Home Sale Times

14 Homes Were Sold
Under 30 Days

16 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89014 has remained consistent over time.

Summary: During November 2024, 35 homes were sold in 89014; 40% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

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