$2,684 Closing Credit*
$226,000
814 SqFt
2 Beds
•2 Baths
Earl S. Caldwell, Listing Office: Prime Properties Mesquite
Is 89027, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 89027 was a Seller's Market.
Key Takeaway
89027 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 89027, NV
How much do homes in 89027, NV cost?
Median Sold Price
$305,000
$233/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$46,950(-13.3%)
Key Takeaway
Homes in 89027 have sold for 13.3% less than they did a month ago.
Summary: The median home sold price in 89027 was $305,000 in November 2024, down 13.3% from last month, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $256K | $284.4K | +11.1% |
| 3 Bedrooms | $354.9K | $305K | -14.1% |
| 4 Bedrooms | $740K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: 89027 housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 14.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 89034 | $424.4K | $442.4K | +4.3% |
| 89027 | $351.9K | $305K | -13.3% |
Housing Supply in 89027, NV
How many homes are available in 89027, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 45 | 45 | 0.0% |
Summary: The 89027 real estate market had 45 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 15 | +7.1% |
| 3 Bedrooms | 24 | 24 | 0.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 89027 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 remained the same, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 10 | 3 | -70.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89027, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 89027 in November 2024, down by 70.0% month-over-month. Of the 3 sold homes, 0% were sold under asking, 67% were sold at asking, and 33% were sold over asking.
Days on Market for 89027, NV
How long does it take to sell a home in 89027, NV?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 Days | 44 Days | -4.2% |
Summary: Homes in 89027 had an average of 44 days on market in Nov 2024, down by 4.2% compared to last month.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 89027 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 3 homes were sold in 89027; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% 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.