$7,125 Closing Credit*
$600,000
1,405 SqFt
2 Beds
•2 Full Baths
Sam Cohen, Listing Office: Huntington & Ellis, A Real Est
Is 89109, 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, 89109 was a Seller's Market.
Key Takeaway
89109 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 89109, NV
How much do homes in 89109, NV cost?
Median Sold Price
$497,500
$370/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$47,500(+10.6%)
Key Takeaway
Homes in 89109 have sold for 10.6% more than they did a year ago.
Summary: The median home sold price in 89109 was $497,500 in December 2024, up 10.6% from last year, and the median price per square foot was $370.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $370K | $382.5K | +3.4% |
| 2 Bedrooms | $600K | $599K | -0.2% |
| 3 Bedrooms | $820K | $770K | -6.1% |
| 4 Bedrooms | $2.1M | $2.4M | +15.5% |
| 5+ Bedrooms | $3.3M | $1.8M | -43.2% |
Summary: 89109 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.4%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 6.1%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes decreased by 43.2%.
Housing Supply in 89109, NV
How many homes are available in 89109, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 169 | 179 | +5.9% |
Summary: The 89109 real estate market had 179 homes for sale in December 2024, a 5.9% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 60 | 62 | +3.3% |
| 2 Bedrooms | 84 | 92 | +9.5% |
| 3 Bedrooms | 17 | 18 | +5.9% |
| 4 Bedrooms | 8 | 7 | -12.5% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The 89109 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 3.3%, 2 bedroom homes increased by 9.5%, 3 bedroom homes increased by 5.9%, 4 bedroom homes decreased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 23 | 23 | 0.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89109, you may be able to get a good deal. 73.9% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 89109 in December 2024, the same as the previous month. Of the 23 sold homes, 74% were sold under asking, 26% were sold at asking, and 0% were sold over asking.
Days on Market for 89109, NV
How long does it take to sell a home in 89109, NV?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 36 Days | 71 Days | +98.0% |
Summary: Homes in 89109 had an average of 71 days on market in Dec 2024, up by 98% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89109 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 23 homes were sold in 89109; 39% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 26% 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.