$5,344 Closing Credit*
$450,000
2,392 SqFt
5 Beds
•2 Full Baths
Jaime Sanchez, Listing Office: United Realty Group
Is 89107, 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, 89107 has remained a Seller's Market.
Key Takeaway
89107 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89107, NV
How much do homes in 89107, NV cost?
Median Sold Price
$349,250
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$29,250(+9.1%)
Key Takeaway
Homes in 89107 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 89107 was $349,250 in October 2024, up 9.1% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $155K | $155K | 0.0% |
| 2 Bedrooms | $215K | $230K | +7.0% |
| 3 Bedrooms | $316.2K | $346.5K | +9.6% |
| 4 Bedrooms | $367.4K | $403.9K | +9.9% |
| 5+ Bedrooms | $408K | $450K | +10.3% |
Summary: 89107 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 increased by 7%, 3 bedroom homes increased by 9.6%, 4 bedroom homes increased by 9.9%, and 5+ bedroom homes increased by 10.3%.
Housing Supply in 89107, NV
How many homes are available in 89107, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 133 | 153 | +15.0% |
Summary: The 89107 real estate market had 153 homes for sale in October 2024, a 15.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 9 | +80.0% |
| 2 Bedrooms | 29 | 35 | +20.7% |
| 3 Bedrooms | 56 | 58 | +3.6% |
| 4 Bedrooms | 31 | 41 | +32.3% |
| 5+ Bedrooms | 12 | 10 | -16.7% |
Summary: The 89107 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 80%, 2 bedroom homes increased by 20.7%, 3 bedroom homes increased by 3.6%, 4 bedroom homes increased by 32.3%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 27 | 28 | +3.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89107, expect to pay close to the asking price. 39.3% of homes here sold near the asking price last month.
Summary: A total of 28 homes were sold or pending in 89107 in October 2024, up by 3.7% month-over-month. Of the 28 sold homes, 36% were sold under asking, 39% were sold at asking, and 25% were sold over asking.
Days on Market for 89107, NV
How long does it take to sell a home in 89107, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 20 Days | 40 Days | +97.8% |
Summary: Homes in 89107 had an average of 40 days on market in Oct 2024, up by 97.8% compared to last year.
Breakdown of Home Sale Times
17 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 89107 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 28 homes were sold in 89107; 61% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 11% 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.