$2,838 Closing Credit*
$239,000
987 SqFt
2 Beds
•2 Full Baths
Guy Raveh, Listing Office: BluePrint Real Estate Services
Is 89120, 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, 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
$380,000
$224/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,000(+8.6%)
Key Takeaway
Homes in 89120 have sold for 8.6% more than they did a year ago.
Summary: The median home sold price in 89120 was $380,000 in October 2024, up 8.6% from last year, and the median price per square foot was $224.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $180K | +7.5% |
| 2 Bedrooms | $226.7K | $221.9K | -2.1% |
| 3 Bedrooms | $372.5K | $364.1K | -2.3% |
| 4 Bedrooms | $460K | $479K | +4.1% |
| 5+ Bedrooms | $855K | $620K | -27.5% |
Summary: 89120 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.5%, 2 bedroom homes decreased by 2.1%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes decreased by 27.5%.
Housing Supply in 89120, NV
How many homes are available in 89120, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 141 | 157 | +11.3% |
Summary: The 89120 real estate market had 157 homes for sale in October 2024, a 11.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 3 | +200.0% |
| 2 Bedrooms | 26 | 33 | +26.9% |
| 3 Bedrooms | 43 | 48 | +11.6% |
| 4 Bedrooms | 47 | 52 | +10.6% |
| 5+ Bedrooms | 24 | 21 | -12.5% |
Summary: The 89120 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 200%, 2 bedroom homes increased by 26.9%, 3 bedroom homes increased by 11.6%, 4 bedroom homes increased by 10.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 23 | -17.9% |
Asking Price vs. Sold Price
9 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 89120, you may be able to get a good deal. 39.1% of homes here sold below asking price last month.
Summary: A total of 23 homes were sold or pending in 89120 in October 2024, down by 17.9% month-over-month. Of the 23 sold homes, 39% were sold under asking, 39% were sold at asking, and 22% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 45 Days | 28 Days | -37.1% |
Summary: Homes in 89120 had an average of 28 days on market in Oct 2024, down by 37.1% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 89120 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 23 homes were sold in 89120; 65% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 4% 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.