$5,878 Closing Credit*
$495,000
1,764 SqFt
4 Beds
•2 Full Baths
Heilly Neiman, Listing Office: Robin Realty LLC
Is 89108, 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, 89108 has remained a Seller's Market.
Key Takeaway
89108 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89108, NV
How much do homes in 89108, NV cost?
Median Sold Price
$350,000
$246/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$23,416(+7.2%)
Key Takeaway
Homes in 89108 have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in 89108 was $350,000 in October 2024, up 7.2% from last year, and the median price per square foot was $246.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $161.5K | $169.9K | +5.3% |
| 2 Bedrooms | $221K | $225K | +1.8% |
| 3 Bedrooms | $340K | $365K | +7.4% |
| 4 Bedrooms | $390K | $405K | +3.8% |
| 5+ Bedrooms | $452K | $542.5K | +20.0% |
Summary: 89108 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.3%, 2 bedroom homes increased by 1.8%, 3 bedroom homes increased by 7.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 20%.
Housing Supply in 89108, NV
How many homes are available in 89108, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 263 | 297 | +12.9% |
Summary: The 89108 real estate market had 297 homes for sale in October 2024, a 12.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 15 | 14 | -6.7% |
| 2 Bedrooms | 70 | 91 | +30.0% |
| 3 Bedrooms | 116 | 125 | +7.8% |
| 4 Bedrooms | 53 | 58 | +9.4% |
| 5+ Bedrooms | 9 | 9 | 0.0% |
Summary: The 89108 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 6.7%, 2 bedroom homes increased by 30%, 3 bedroom homes increased by 7.8%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 44 | 62 | +40.9% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
25 Homes Were Sold
At Asking
13 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89108, expect to pay close to the asking price. 40.3% of homes here sold near the asking price last month.
Summary: A total of 62 homes were sold or pending in 89108 in October 2024, up by 40.9% month-over-month. Of the 62 sold homes, 39% were sold under asking, 40% were sold at asking, and 21% were sold over asking.
Days on Market for 89108, NV
How long does it take to sell a home in 89108, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 25 Days | 33 Days | +29.0% |
Summary: Homes in 89108 had an average of 33 days on market in Oct 2024, up by 29% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89108 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 62 homes were sold in 89108; 60% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 10% 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.