$3,800 Closing Credit*
$319,999
1,430 SqFt
3 Beds
•2 Full Baths
Enrique A. Moreno Jr, Listing Office: Executive Realty Services
Is 89120, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 89120 was a Seller's Market.
Key Takeaway
89120 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 89120, NV
How much do homes in 89120, NV cost?
Median Sold Price
$389,259
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$40,509(+11.6%)
Key Takeaway
Homes in 89120 have sold for 11.6% more than they did a year ago.
Summary: The median home sold price in 89120 was $389,259 in November 2024, up 11.6% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $168.7K | $180K | +6.7% |
| 2 Bedrooms | $225.5K | $222K | -1.6% |
| 3 Bedrooms | $367K | $380K | +3.5% |
| 4 Bedrooms | $450K | $480K | +6.7% |
| 5+ Bedrooms | $855K | $600K | -29.8% |
Summary: 89120 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.7%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes increased by 3.5%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes decreased by 29.8%.
Housing Supply in 89120, NV
How many homes are available in 89120, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 150 | 160 | +6.7% |
Summary: The 89120 real estate market had 160 homes for sale in November 2024, a 6.7% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 33 | 40 | +21.2% |
| 3 Bedrooms | 47 | 45 | -4.3% |
| 4 Bedrooms | 50 | 53 | +6.0% |
| 5+ Bedrooms | 18 | 20 | +11.1% |
Summary: The 89120 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.2%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 25 | 24 | -4.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89120, you may be able to get a good deal. 54.2% of homes here sold below asking price last month.
Summary: A total of 24 homes were sold or pending in 89120 in November 2024, down by 4.0% month-over-month. Of the 24 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.
Days on Market for 89120, NV
How long does it take to sell a home in 89120, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 25 Days | 44 Days | +77.4% |
Summary: Homes in 89120 had an average of 44 days on market in Nov 2024, up by 77.4% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89120 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 24 homes were sold in 89120; 50% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 17% 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.