$8,016 Closing Credit*
$675,000
3,604 SqFt
Donald R. Lainer, Listing Office: Go Global Realty
Is 89115, 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, 89115 was a Seller's Market.
Key Takeaway
89115 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 89115, NV
How much do homes in 89115, NV cost?
Median Sold Price
$335,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$22,666(+7.3%)
Key Takeaway
Homes in 89115 have sold for 7.3% more than they did a year ago.
Summary: The median home sold price in 89115 was $335,000 in December 2024, up 7.3% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $130K | $141K | +8.5% |
| 2 Bedrooms | $192.5K | $197.4K | +2.6% |
| 3 Bedrooms | $315K | $340K | +7.9% |
| 4 Bedrooms | $335K | $353.5K | +5.5% |
| 5+ Bedrooms | $368K | $427.5K | +16.2% |
Summary: 89115 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 8.5%, 2 bedroom homes increased by 2.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 5.5%, and 5+ bedroom homes increased by 16.2%.
Housing Supply in 89115, NV
How many homes are available in 89115, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 116 | 115 | -0.9% |
Summary: The 89115 real estate market had 115 homes for sale in December 2024, a 0.9% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 22 | 28 | +27.3% |
| 3 Bedrooms | 62 | 58 | -6.5% |
| 4 Bedrooms | 30 | 26 | -13.3% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The 89115 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 27.3%, 3 bedroom homes decreased by 6.5%, 4 bedroom homes decreased by 13.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 19 | 19 | 0.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89115, expect to pay close to the asking price. 47.4% of homes here sold near the asking price last month.
Summary: A total of 19 homes were sold or pending in 89115 in December 2024, the same as the previous month. Of the 19 sold homes, 26% were sold under asking, 47% were sold at asking, and 26% were sold over asking.
Days on Market for 89115, NV
How long does it take to sell a home in 89115, NV?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 46 Days | 36 Days | -22.2% |
Summary: Homes in 89115 had an average of 36 days on market in Dec 2024, down by 22.2% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89115 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 19 homes were sold in 89115; 63% of homes were sold within 30 days, 26% 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.