$5,344 Closing Credit*
$450,000
1,947 SqFt
3 Beds
•2 Full Baths, 1 Partial
Milos Pajic, Listing Office: Galindo Group Real Estate
Is 89086, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, 89086 was a Seller's 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
$415,000
$226/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
-$2,900(-0.7%)
Key Takeaway
Homes in 89086 have sold for 0.7% less than they did a year ago.
Summary: The median home sold price in 89086 was $415,000 in December 2024, down 0.7% from last year, and the median price per square foot was $226.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $428.5K | $420K | -2.0% |
| 3 Bedrooms | $399.8K | $396.5K | -0.8% |
| 4 Bedrooms | $447.3K | $450K | +0.6% |
| 5+ Bedrooms | $505K | $463.9K | -8.1% |
Summary: 89086 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 decreased by 2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes decreased by 8.1%.
Housing Supply in 89086, NV
How many homes are available in 89086, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 51 | 48 | -5.9% |
Summary: The 89086 real estate market had 48 homes for sale in December 2024, a 5.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 9 | +28.6% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 11 | 11 | 0.0% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The 89086 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 28.6%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 10 | 7 | -30.0% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89086, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in 89086 in December 2024, down by 30.0% month-over-month. Of the 7 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 50 Days | 90 Days | +77.2% |
Summary: Homes in 89086 had an average of 90 days on market in Dec 2024, up by 77.2% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 89086 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 7 homes were sold in 89086; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% 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.