$5,937 Closing Credit*
$499,999
2,284 SqFt
7 Beds
•3 Full Baths
Cesar Gamboa, Listing Office: Park Place Realty
Is 89101, 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, 89101 has remained a Seller's Market.
Key Takeaway
89101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89101, NV
How much do homes in 89101, NV cost?
Median Sold Price
$336,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,000(+6.7%)
Key Takeaway
Homes in 89101 have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in 89101 was $336,000 in October 2024, up 6.7% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $328.2K | $318K | -3.1% |
| 2 Bedrooms | $359.9K | $398.5K | +10.7% |
| 3 Bedrooms | $299K | $335K | +12.0% |
| 4 Bedrooms | $325K | $348.9K | +7.4% |
| 5+ Bedrooms | $350.5K | $359K | +2.4% |
Summary: 89101 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.1%, 2 bedroom homes increased by 10.7%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 2.4%.
Housing Supply in 89101, NV
How many homes are available in 89101, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 97 | 108 | +11.3% |
Summary: The 89101 real estate market had 108 homes for sale in October 2024, a 11.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 25 | 27 | +8.0% |
| 2 Bedrooms | 30 | 37 | +23.3% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 89101 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 8%, 2 bedroom homes increased by 23.3%, 3 bedroom homes remained the same, 4 bedroom homes increased by 10%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 20 | +53.8% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89101, you may be able to get a good deal. 40% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 89101 in October 2024, up by 53.8% month-over-month. Of the 20 sold homes, 40% were sold under asking, 35% were sold at asking, and 25% were sold over asking.
Days on Market for 89101, NV
How long does it take to sell a home in 89101, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 82 Days | +80.9% |
Summary: Homes in 89101 had an average of 82 days on market in Oct 2024, up by 80.9% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89101 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 20 homes were sold in 89101; 45% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% 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.