$5,047 Closing Credit*
$425,000
1,590 SqFt
2 Full Baths
Marissa Anderson, Listing Office: NV Broker & Associates, LLC
Is 89101, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 89101 was a Neutral Market.
Key Takeaway
89101 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 89101, NV
How much do homes in 89101, NV cost?
Median Sold Price
$335,000
$283/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$19,100(+6.0%)
Key Takeaway
Homes in 89101 have sold for 6% more than they did a year ago.
Summary: The median home sold price in 89101 was $335,000 in November 2024, up 6% from last year, and the median price per square foot was $283.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $322.7K | $309K | -4.2% |
| 2 Bedrooms | $359.9K | $353K | -1.9% |
| 3 Bedrooms | $305.5K | $333K | +9.0% |
| 4 Bedrooms | $325K | $348.9K | +7.4% |
| 5+ Bedrooms | $350.5K | $359K | +2.4% |
Summary: 89101 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.2%, 2 bedroom homes decreased by 1.9%, 3 bedroom homes increased by 9%, 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
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 90 | 96 | +6.7% |
Summary: The 89101 real estate market had 96 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 20 | 25 | +25.0% |
| 2 Bedrooms | 32 | 31 | -3.1% |
| 3 Bedrooms | 26 | 28 | +7.7% |
| 4 Bedrooms | 10 | 7 | -30.0% |
| 5+ Bedrooms | 2 | 5 | +150.0% |
Summary: The 89101 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 25%, 2 bedroom homes decreased by 3.1%, 3 bedroom homes increased by 7.7%, 4 bedroom homes decreased by 30%, and 5+ bedroom homes increased by 150%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 20 | 7 | -65.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
3 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89101, expect to pay close to the asking price. 42.9% of homes here sold near the asking price last month.
Summary: A total of 7 homes were sold or pending in 89101 in November 2024, down by 65.0% month-over-month. Of the 7 sold homes, 14% were sold under asking, 43% were sold at asking, and 43% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 51 Days | 62 Days | +20.6% |
Summary: Homes in 89101 had an average of 62 days on market in Nov 2024, up by 20.6% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 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 November 2024, 7 homes were sold in 89101; 43% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 29% 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.