Is 89060, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89060 is a neutral's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 89060 was a Seller's Market.

Key Takeaway

89060 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 89060, NV

How much do homes in 89060, NV cost?

Median Sold Price

$349,900

$206/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$9,900(+2.9%)

Key Takeaway

Homes in 89060 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 89060 was $349,900 in October 2024, up 2.9% from last year, and the median price per square foot was $206.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $389.9K$160K
-59.0%
2 $295K$318.5K
+8.0%
3 $335K$343.3K
+2.5%
4 $353.1K$359.9K
+1.9%
5+ $355K$330K
-7.0%

Summary: 89060 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59%, 2 bedroom homes increased by 8%, 3 bedroom homes increased by 2.5%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes decreased by 7%.

Median Sold Price Compared To Nearby Zip Codes

89124
+29.1%
89048
+7.9%
89060
+2.9%

Housing Supply in 89060, NV

How many homes are available in 89060, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
55550.0%

Summary: The 89060 real estate market had 55 homes for sale in October 2024, the same as September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 23
+50.0%
2 23
+50.0%
3 3433
-2.9%
4 1211
-8.3%
5+ 55
0.0%

Summary: The 89060 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 50%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
69+50.0%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89060, you may be able to get a good deal. 55.6% of homes here sold below asking price last month.

Summary: A total of 9 homes were sold or pending in 89060 in October 2024, up by 50.0% month-over-month. Of the 9 sold homes, 56% were sold under asking, 33% were sold at asking, and 11% were sold over asking.

Days on Market for 89060, NV

How long does it take to sell a home in 89060, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
58 Days43 Days-24.9%

Summary: Homes in 89060 had an average of 43 days on market in Oct 2024, down by 24.9% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89060 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 9 homes were sold in 89060; 44% of homes were sold within 30 days, 44% 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 12 Days Ago

Newest Listings in 89060, NV

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