$3,561 Closing Credit*
$299,900
1,239 SqFt
2 Beds
•1 Full Bath
Clayton Lusby, Listing Office: Signature Real Estate Group
Is 89109, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$475,000
$367/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$21,666(+4.8%)
Key Takeaway
Homes in 89109 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 89109 was $475,000 in October 2024, up 4.8% from last year, and the median price per square foot was $367.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $360K | $380K | +5.6% |
| 2 Bedrooms | $605K | $572.5K | -5.4% |
| 3 Bedrooms | $865K | $740K | -14.5% |
| 4 Bedrooms | $2.1M | $2.1M | 0.0% |
| 5+ Bedrooms | $3.1M | $3.6M | +18.0% |
Summary: 89109 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 5.6%, 2 bedroom homes decreased by 5.4%, 3 bedroom homes decreased by 14.5%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 18%.
Housing Supply in 89109, NV
How many homes are available in 89109, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 180 | 196 | +8.9% |
Summary: The 89109 real estate market had 196 homes for sale in October 2024, a 8.9% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 62 | 68 | +9.7% |
| 2 Bedrooms | 93 | 99 | +6.5% |
| 3 Bedrooms | 20 | 23 | +15.0% |
| 4 Bedrooms | 4 | 5 | +25.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The 89109 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 9.7%, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 15%, 4 bedroom homes increased by 25%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 24 | +20.0% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89109, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 89109 in October 2024, up by 20.0% month-over-month. Of the 24 sold homes, 67% were sold under asking, 13% were sold at asking, and 21% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 54 Days | 66 Days | +22.2% |
Summary: Homes in 89109 had an average of 66 days on market in Oct 2024, up by 22.2% compared to last year.
Breakdown of Home Sale Times
9 Homes Were Sold
Under 30 Days
9 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 October 2024, 24 homes were sold in 89109; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% 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.