$4,216 Closing Credit*
$355,000
1,293 SqFt
3 Beds
•2 Full Baths
Ivy Vo, Listing Office: Simply Vegas
Is 89086, 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, 89086 has remained a Neutral Market.
Key Takeaway
89086 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 89086, NV
How much do homes in 89086, NV cost?
Median Sold Price
$422,000
$220/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,000(+1.7%)
Key Takeaway
Homes in 89086 have sold for 1.7% more than they did a year ago.
Summary: The median home sold price in 89086 was $422,000 in October 2024, up 1.7% from last year, and the median price per square foot was $220.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $430K | $411K | -4.4% |
| 3 Bedrooms | $387.2K | $396K | +2.3% |
| 4 Bedrooms | $442.5K | $450K | +1.7% |
| 5+ Bedrooms | $522.4K | $470K | -10.0% |
Summary: 89086 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 decreased by 4.4%, 3 bedroom homes increased by 2.3%, 4 bedroom homes increased by 1.7%, and 5+ bedroom homes decreased by 10%.
Housing Supply in 89086, NV
How many homes are available in 89086, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 62 | 67 | +8.1% |
Summary: The 89086 real estate market had 67 homes for sale in October 2024, a 8.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 12 | 11 | -8.3% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 14 | 18 | +28.6% |
| 5+ Bedrooms | 1 | 4 | +300.0% |
Summary: The 89086 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 decreased by 8.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes increased by 300%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 11 | -31.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89086, you may be able to get a good deal. 63.6% of homes here sold below asking price last month.
Summary: A total of 11 homes were sold or pending in 89086 in October 2024, down by 31.3% month-over-month. Of the 11 sold homes, 64% were sold under asking, 9% were sold at asking, and 27% were sold over asking.
Days on Market for 89086, NV
How long does it take to sell a home in 89086, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 35 Days | -4.3% |
Summary: Homes in 89086 had an average of 35 days on market in Oct 2024, down by 4.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89086 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 11 homes were sold in 89086; 55% of homes were sold within 30 days, 45% 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.