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 November 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

$450,000

$227/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$25,031(+5.9%)

Key Takeaway

Homes in 89084 have sold for 5.9% more than they did a year ago.

Summary: The median home sold price in 89084 was $450,000 in November 2024, up 5.9% from last year, and the median price per square foot was $227.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $214K$227.5K
+6.3%
2 $341K$353K
+3.5%
3 $395.1K$421K
+6.5%
4 $460K$499.9K
+8.7%
5+ $512.9K$594K
+15.8%

Summary: 89084 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes increased by 3.5%, 3 bedroom homes increased by 6.5%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 15.8%.

Median Sold Price Compared To Nearby Zip Codes

89081
+6.6%
89084
+5.9%
89031
+5.6%
89085
+2.0%
89086
+1.9%

Housing Supply in 89084, NV

How many homes are available in 89084, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
305280-8.2%

Summary: The 89084 real estate market had 280 homes for sale in November 2024, a 8.2% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 4239
-7.1%
3 122110
-9.8%
4 9895
-3.1%
5+ 4134
-17.1%

Summary: The 89084 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 decreased by 7.1%, 3 bedroom homes decreased by 9.8%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 17.1%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
7553-29.3%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

18 Homes Were Sold
At Asking

9 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. 49.1% of homes here sold below asking price last month.

Summary: A total of 53 homes were sold or pending in 89084 in November 2024, down by 29.3% month-over-month. Of the 53 sold homes, 49% were sold under asking, 34% were sold at asking, and 17% 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

Nov 2023Nov 2024CHANGE
31 Days37 Days+18.8%

Summary: Homes in 89084 had an average of 37 days on market in Nov 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

27 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

5 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 November 2024, 53 homes were sold in 89084; 51% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

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