$3,741 Closing Credit*
$314,999
1,460 SqFt
3 Beds
•2 Full Baths
Christopher E. Lally, Listing Office: The Ridge Realty Group
Is 89061, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 89061 was a Neutral Market.
Key Takeaway
89061 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89061, NV
How much do homes in 89061, NV cost?
Median Sold Price
$390,000
$204/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$18,000(+4.8%)
Key Takeaway
Homes in 89061 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 89061 was $390,000 in November 2024, up 4.8% from last year, and the median price per square foot was $204.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $169.9K | -56.4% |
| 2 Bedrooms | $322.4K | $321.7K | -0.2% |
| 3 Bedrooms | $376.4K | $397.4K | +5.6% |
| 4 Bedrooms | $404.2K | $446.5K | +10.5% |
| 5+ Bedrooms | $432.5K | $484.9K | +12.1% |
Summary: 89061 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.4%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 10.5%, and 5+ bedroom homes increased by 12.1%.
Median Sold Price Compared To Nearby Zip Codes
| 89048 | $355K | $378.6K | +6.7% |
| 89061 | $372K | $390K | +4.8% |
Housing Supply in 89061, NV
How many homes are available in 89061, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 140 | 138 | -1.4% |
Summary: The 89061 real estate market had 138 homes for sale in November 2024, a 1.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 20 | 20 | 0.0% |
| 3 Bedrooms | 87 | 87 | 0.0% |
| 4 Bedrooms | 27 | 26 | -3.7% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The 89061 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 3.7%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 17 | 24 | +41.2% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89061, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 89061 in November 2024, up by 41.2% month-over-month. Of the 24 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.
Days on Market for 89061, NV
How long does it take to sell a home in 89061, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 65 Days | 50 Days | -23.1% |
Summary: Homes in 89061 had an average of 50 days on market in Nov 2024, down by 23.1% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89061 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 89061; 42% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 21% 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.