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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89052 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 89052 has remained a Seller's Market.

Key Takeaway

89052 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89052, NV

How much do homes in 89052, NV cost?

Median Sold Price

$611,640

$294/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$46,640(+8.3%)

Key Takeaway

Homes in 89052 have sold for 8.3% more than they did a year ago.

Summary: The median home sold price in 89052 was $611,640 in October 2024, up 8.3% from last year, and the median price per square foot was $294.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $220K$245K
+11.4%
2 $420K$457.5K
+8.9%
3 $560K$571.2K
+2.0%
4 $690K$737.4K
+6.9%
5+ $1.0M$1.2M
+23.4%

Summary: 89052 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.4%, 2 bedroom homes increased by 8.9%, 3 bedroom homes increased by 2%, 4 bedroom homes increased by 6.9%, and 5+ bedroom homes increased by 23.4%.

Median Sold Price Compared To Nearby Zip Codes

89052
+8.3%
89074
+6.5%
89044
+5.1%
89183
+3.8%
89012
+2.2%

Housing Supply in 89052, NV

How many homes are available in 89052, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
342390+14.0%

Summary: The 89052 real estate market had 390 homes for sale in October 2024, a 14.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 77
0.0%
2 7685
+11.8%
3 106132
+24.5%
4 9393
0.0%
5+ 6073
+21.7%

Summary: The 89052 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 11.8%, 3 bedroom homes increased by 24.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 21.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
6580+23.1%

Asking Price vs. Sold Price

46 Homes Were Sold
Under Asking

23 Homes Were Sold
At Asking

11 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. 57.5% of homes here sold below asking price last month.

Summary: A total of 80 homes were sold or pending in 89052 in October 2024, up by 23.1% month-over-month. Of the 80 sold homes, 57% were sold under asking, 29% were sold at asking, and 14% 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

Oct 2023Oct 2024CHANGE
33 Days29 Days-9.7%

Summary: Homes in 89052 had an average of 29 days on market in Oct 2024, down by 9.7% compared to last year.

Breakdown of Home Sale Times

53 Homes Were Sold
Under 30 Days

23 Homes Were Sold
In 30 - 90 Days

4 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 October 2024, 80 homes were sold in 89052; 66% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 5% 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

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