$3,705 Closing Credit*
$312,000
1,175 SqFt
3 Beds
•1 Full Bath
Nancy K. Hutchings, Listing Office: Vegas Real Estate
Is 89113, 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, 89113 was a Seller's Market.
Key Takeaway
89113 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 89113, NV
How much do homes in 89113, NV cost?
Median Sold Price
$517,500
$267/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$67,500(+15.0%)
Key Takeaway
Homes in 89113 have sold for 15% more than they did a year ago.
Summary: The median home sold price in 89113 was $517,500 in October 2024, up 15% from last year, and the median price per square foot was $267.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $203.7K | $218.5K | +7.2% |
| 2 Bedrooms | $272.6K | $282K | +3.4% |
| 3 Bedrooms | $421.7K | $470K | +11.4% |
| 4 Bedrooms | $520K | $600.5K | +15.5% |
| 5+ Bedrooms | $577.3K | $817.5K | +41.6% |
Summary: 89113 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 3.4%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 41.6%.
Housing Supply in 89113, NV
How many homes are available in 89113, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 218 | 243 | +11.5% |
Summary: The 89113 real estate market had 243 homes for sale in October 2024, a 11.5% 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 | 54 | 59 | +9.3% |
| 3 Bedrooms | 77 | 92 | +19.5% |
| 4 Bedrooms | 53 | 51 | -3.8% |
| 5+ Bedrooms | 29 | 32 | +10.3% |
Summary: The 89113 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 9.3%, 3 bedroom homes increased by 19.5%, 4 bedroom homes decreased by 3.8%, and 5+ bedroom homes increased by 10.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 34 | 36 | +5.9% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89113, you may be able to get a good deal. 63.9% of homes here sold below asking price last month.
Summary: A total of 36 homes were sold or pending in 89113 in October 2024, up by 5.9% month-over-month. Of the 36 sold homes, 64% were sold under asking, 25% were sold at asking, and 11% were sold over asking.
Days on Market for 89113, NV
How long does it take to sell a home in 89113, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 31 Days | 38 Days | +23.5% |
Summary: Homes in 89113 had an average of 38 days on market in Oct 2024, up by 23.5% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89113 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 36 homes were sold in 89113; 53% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 8% 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.