$5,344 Closing Credit*
$450,000
2,186 SqFt
3 Beds
•3 Full Baths
Jean-Nate Churchill, Listing Office: Signature Real Estate Group
Is 89085, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 89085 has remained a Seller's Market.
Key Takeaway
89085 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89085, NV
How much do homes in 89085, NV cost?
Median Sold Price
$505,000
$203/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$25,000(+5.2%)
Key Takeaway
Homes in 89085 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 89085 was $505,000 in October 2024, up 5.2% from last year, and the median price per square foot was $203.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $445K | N/A |
| 3 Bedrooms | $438.5K | $443.5K | +1.1% |
| 4 Bedrooms | $487K | $509.2K | +4.6% |
| 5+ Bedrooms | $603K | $542.4K | -10.0% |
Summary: 89085 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1.1%, 4 bedroom homes increased by 4.6%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 89085, NV
How many homes are available in 89085, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The 89085 real estate market had 11 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 5 | 6 | +20.0% |
| 4 Bedrooms | 5 | 4 | -20.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 89085 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 20%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89085, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 89085 in October 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for 89085, NV
How long does it take to sell a home in 89085, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 18 Days | 23 Days | +25.0% |
Summary: Homes in 89085 had an average of 23 days on market in Oct 2024, up by 25% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89085 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 2 homes were sold in 89085; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% 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.