Is 89084, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89084 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 89084 has remained a Seller's Market.

Key Takeaway

89084 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89084, NV

How much do homes in 89084, NV cost?

Median Sold Price

$449,978

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$27,814(+6.6%)

Key Takeaway

Homes in 89084 have sold for 6.6% more than they did a year ago.

Summary: The median home sold price in 89084 was $449,978 in October 2024, up 6.6% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $214K$225K
+5.1%
2 $340K$350K
+2.9%
3 $395K$419.9K
+6.3%
4 $460K$499.9K
+8.7%
5+ $512.9K$585.5K
+14.1%

Summary: 89084 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.1%, 2 bedroom homes increased by 2.9%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 14.1%.

Median Sold Price Compared To Nearby Zip Codes

89084
+6.6%
89081
+6.4%
89031
+5.4%
89085
+5.2%
89086
+1.7%

Housing Supply in 89084, NV

How many homes are available in 89084, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
284311+9.5%

Summary: The 89084 real estate market had 311 homes for sale in October 2024, a 9.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 02
+100.0%
2 3844
+15.8%
3 115124
+7.8%
4 92103
+12.0%
5+ 3938
-2.6%

Summary: The 89084 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 15.8%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 12%, and 5+ bedroom homes decreased by 2.6%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5473+35.2%

Asking Price vs. Sold Price

36 Homes Were Sold
Under Asking

26 Homes Were Sold
At Asking

11 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89084, you may be able to get a good deal. 49.3% of homes here sold below asking price last month.

Summary: A total of 73 homes were sold or pending in 89084 in October 2024, up by 35.2% month-over-month. Of the 73 sold homes, 49% were sold under asking, 36% were sold at asking, and 15% were sold over asking.

Days on Market for 89084, NV

How long does it take to sell a home in 89084, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
31 Days39 Days+25.0%

Summary: Homes in 89084 had an average of 39 days on market in Oct 2024, up by 25% compared to last year.

Breakdown of Home Sale Times

42 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

10 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89084 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 73 homes were sold in 89084; 58% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 14% 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 14 Days Ago

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