$4,097 Closing Credit*
$345,000
1,196 SqFt
2 Beds
•2 Full Baths, 1 Partial
Philip Andrew Roy, Listing Office: PR Properties Group
Is 89123, 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, 89123 was a Seller's Market.
Key Takeaway
89123 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 89123, NV
How much do homes in 89123, NV cost?
Median Sold Price
$426,583
$259/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$16,583(+4.0%)
Key Takeaway
Homes in 89123 have sold for 4% more than they did a year ago.
Summary: The median home sold price in 89123 was $426,583 in October 2024, up 4% from last year, and the median price per square foot was $259.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $225K | +4.7% |
| 2 Bedrooms | $301K | $314.5K | +4.5% |
| 3 Bedrooms | $415K | $425K | +2.4% |
| 4 Bedrooms | $499.4K | $544K | +8.9% |
| 5+ Bedrooms | $625K | $650K | +4.0% |
Summary: 89123 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 4%.
Housing Supply in 89123, NV
How many homes are available in 89123, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 272 | 298 | +9.6% |
Summary: The 89123 real estate market had 298 homes for sale in October 2024, a 9.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 24 | 25 | +4.2% |
| 2 Bedrooms | 68 | 88 | +29.4% |
| 3 Bedrooms | 96 | 99 | +3.1% |
| 4 Bedrooms | 57 | 56 | -1.8% |
| 5+ Bedrooms | 27 | 30 | +11.1% |
Summary: The 89123 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 29.4%, 3 bedroom homes increased by 3.1%, 4 bedroom homes decreased by 1.8%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 49 | +6.5% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89123, you may be able to get a good deal. 59.2% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 89123 in October 2024, up by 6.5% month-over-month. Of the 49 sold homes, 59% were sold under asking, 20% were sold at asking, and 20% were sold over asking.
Days on Market for 89123, NV
How long does it take to sell a home in 89123, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 33 Days | -6.5% |
Summary: Homes in 89123 had an average of 33 days on market in Oct 2024, down by 6.5% compared to last year.
Breakdown of Home Sale Times
29 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89123 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 49 homes were sold in 89123; 59% of homes were sold within 30 days, 35% of homes were sold within 30 to 90 days, and 6% 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. 
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange of the Gallatin Association of Realtors/Big Sky Country MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright© 2024 Gallatin Association of Realtors/Big Sky Country MLS. All Rights Reserved.