Is 89081, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89081 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 89081 has remained a Seller's Market.

Key Takeaway

89081 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89081, NV

How much do homes in 89081, NV cost?

Median Sold Price

$425,000

$220/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$25,087(+6.3%)

Key Takeaway

Homes in 89081 have sold for 6.3% more than they did a year ago.

Summary: The median home sold price in 89081 was $425,000 in December 2024, up 6.3% from last year, and the median price per square foot was $220.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $370K$387.4K
+4.7%
3 $380K$402.5K
+5.9%
4 $415K$439.9K
+6.0%
5+ $450.7K$492K
+9.2%

Summary: 89081 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 4.7%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 9.2%.

Median Sold Price Compared To Nearby Zip Codes

89115
+7.3%
89084
+7.1%
89030
+6.7%
89081
+6.3%
89031
+5.1%

Housing Supply in 89081, NV

How many homes are available in 89081, NV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
167154-7.8%

Summary: The 89081 real estate market had 154 homes for sale in December 2024, a 7.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1113
+18.2%
3 7567
-10.7%
4 6356
-11.1%
5+ 1818
0.0%

Summary: The 89081 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 18.2%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
4038-5.0%

Asking Price vs. Sold Price

13 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89081, you may be able to get a good deal. 35.1% of homes here sold below asking price last month.

Summary: A total of 38 homes were sold or pending in 89081 in December 2024, down by 5.0% month-over-month. Of the 37 sold homes, 35% were sold under asking, 32% were sold at asking, and 32% were sold over asking.

Days on Market for 89081, NV

How long does it take to sell a home in 89081, NV?

Average Sale Time

Dec 2023Dec 2024CHANGE
48 Days40 Days-17.4%

Summary: Homes in 89081 had an average of 40 days on market in Dec 2024, down by 17.4% compared to last year.

Breakdown of Home Sale Times

20 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89081 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 38 homes were sold in 89081; 53% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 13% 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 6 Days Ago

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