$5,936 Closing Credit*
$499,900
2,096 SqFt
4 Beds
•2 Full Baths, 1 Partial
Alan Goodman, Listing Office: Reiss Properties
Is 89074, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 89074 has remained a Seller's Market.
Key Takeaway
89074 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89074, NV
How much do homes in 89074, NV cost?
Median Sold Price
$471,422
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$21,422(+4.8%)
Key Takeaway
Homes in 89074 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 89074 was $471,422 in November 2024, up 4.8% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $220K | $216K | -1.8% |
| 2 Bedrooms | $302.5K | $315.5K | +4.3% |
| 3 Bedrooms | $427.5K | $443.3K | +3.7% |
| 4 Bedrooms | $540K | $563.5K | +4.4% |
| 5+ Bedrooms | $635K | $720K | +13.4% |
Summary: 89074 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.8%, 2 bedroom homes increased by 4.3%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 4.4%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 89074, NV
How many homes are available in 89074, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 267 | 269 | +0.7% |
Summary: The 89074 real estate market had 269 homes for sale in November 2024, a 0.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 37 | 41 | +10.8% |
| 3 Bedrooms | 113 | 108 | -4.4% |
| 4 Bedrooms | 79 | 77 | -2.5% |
| 5+ Bedrooms | 33 | 38 | +15.2% |
Summary: The 89074 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 10.8%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 2.5%, and 5+ bedroom homes increased by 15.2%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 59 | 45 | -23.7% |
Asking Price vs. Sold Price
28 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89074, you may be able to get a good deal. 62.2% of homes here sold below asking price last month.
Summary: A total of 45 homes were sold or pending in 89074 in November 2024, down by 23.7% month-over-month. Of the 45 sold homes, 62% were sold under asking, 31% were sold at asking, and 7% were sold over asking.
Days on Market for 89074, NV
How long does it take to sell a home in 89074, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 27 Days | 38 Days | +42.5% |
Summary: Homes in 89074 had an average of 38 days on market in Nov 2024, up by 42.5% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89074 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 45 homes were sold in 89074; 60% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% 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.