$10,000 Closing Credit*
$1,000,000
2,566 SqFt
3 Beds
•2 Full Baths
Edward J. Orasi Jr, Listing Office: Keller Williams MarketPlace
Is 89124, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 89124 has remained a Buyer's Market.
Key Takeaway
89124 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in 89124, NV
How much do homes in 89124, NV cost?
Median Sold Price
$642,500
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$145,000(+29.1%)
Key Takeaway
Homes in 89124 have sold for 29.1% more than they did a year ago.
Summary: The median home sold price in 89124 was $642,500 in October 2024, up 29.1% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222.5K | $312.5K | +40.4% |
| 2 Bedrooms | $560K | $490K | -12.5% |
| 3 Bedrooms | $572.5K | $650K | +13.5% |
| 4 Bedrooms | $797K | $635K | -20.3% |
| 5+ Bedrooms | $885K | $999.5K | +12.9% |
Summary: 89124 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 40.4%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes increased by 13.5%, 4 bedroom homes decreased by 20.3%, and 5+ bedroom homes increased by 12.9%.
Housing Supply in 89124, NV
How many homes are available in 89124, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 38 | 37 | -2.6% |
Summary: The 89124 real estate market had 37 homes for sale in October 2024, a 2.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 13 | 13 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 5 | 5 | 0.0% |
Summary: The 89124 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 2 | -33.3% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89124, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in 89124 in October 2024, down by 33.3% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for 89124, NV
How long does it take to sell a home in 89124, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 5 Days | 70 Days | +1310.0% |
Summary: Homes in 89124 had an average of 70 days on market in Oct 2024, up by 1310% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89124 has remained consistent over time.
Summary: During October 2024, 2 homes were sold in 89124; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% 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.