Is 89052, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89052 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 89052 was a Seller's Market.

Key Takeaway

89052 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 89052, NV

How much do homes in 89052, NV cost?

Median Sold Price

$614,404

$295/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$50,779(+9.0%)

Key Takeaway

Homes in 89052 have sold for 9% more than they did a year ago.

Summary: The median home sold price in 89052 was $614,404 in November 2024, up 9% from last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $220K$245K
+11.4%
2 $420K$459.9K
+9.5%
3 $560.7K$571.2K
+1.9%
4 $693.8K$740K
+6.6%
5+ $1.0M$1.1M
+16.3%

Summary: 89052 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 1.9%, 4 bedroom homes increased by 6.6%, and 5+ bedroom homes increased by 16.3%.

Median Sold Price Compared To Nearby Zip Codes

89052
+9.0%
89044
+6.1%
89012
+4.9%
89074
+4.8%
89183
+3.8%

Housing Supply in 89052, NV

How many homes are available in 89052, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3573570.0%

Summary: The 89052 real estate market had 357 homes for sale in November 2024, the same as October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 67
+16.7%
2 7780
+3.9%
3 122127
+4.1%
4 8772
-17.2%
5+ 6571
+9.2%

Summary: The 89052 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 3.9%, 3 bedroom homes increased by 4.1%, 4 bedroom homes decreased by 17.2%, and 5+ bedroom homes increased by 9.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
8345-45.8%

Asking Price vs. Sold Price

29 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

5 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89052, you may be able to get a good deal. 64.4% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in 89052 in November 2024, down by 45.8% month-over-month. Of the 45 sold homes, 64% were sold under asking, 24% were sold at asking, and 11% were sold over asking.

Days on Market for 89052, NV

How long does it take to sell a home in 89052, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
52 Days39 Days-23.8%

Summary: Homes in 89052 had an average of 39 days on market in Nov 2024, down by 23.8% compared to last year.

Breakdown of Home Sale Times

26 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89052 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 45 homes were sold in 89052; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 11% 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 17 Days Ago

Newest Listings in 89052, NV

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