$4,750 Closing Credit*
$400,000
1,739 SqFt
4 Beds
•1 Full Bath, 1 Partial
Jeff D. Howard, Listing Office: Keller Williams Realty Las Veg
Is 89129, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 89129 has remained a Seller's Market.
Key Takeaway
89129 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89129, NV
How much do homes in 89129, NV cost?
Median Sold Price
$445,466
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$20,466(+4.8%)
Key Takeaway
Homes in 89129 have sold for 4.8% more than they did a year ago.
Summary: The median home sold price in 89129 was $445,466 in November 2024, up 4.8% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $221K | $225.9K | +2.2% |
| 2 Bedrooms | $298.2K | $305K | +2.3% |
| 3 Bedrooms | $390K | $410.3K | +5.2% |
| 4 Bedrooms | $500K | $530K | +6.0% |
| 5+ Bedrooms | $555K | $629.9K | +13.5% |
Summary: 89129 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 5.2%, 4 bedroom homes increased by 6%, and 5+ bedroom homes increased by 13.5%.
Housing Supply in 89129, NV
How many homes are available in 89129, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 288 | 272 | -5.6% |
Summary: The 89129 real estate market had 272 homes for sale in November 2024, a 5.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 34 | 35 | +2.9% |
| 3 Bedrooms | 112 | 109 | -2.7% |
| 4 Bedrooms | 94 | 88 | -6.4% |
| 5+ Bedrooms | 45 | 37 | -17.8% |
Summary: The 89129 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 2.9%, 3 bedroom homes decreased by 2.7%, 4 bedroom homes decreased by 6.4%, and 5+ bedroom homes decreased by 17.8%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 49 | -21.0% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89129, you may be able to get a good deal. 46.9% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 89129 in November 2024, down by 21.0% month-over-month. Of the 49 sold homes, 47% were sold under asking, 39% were sold at asking, and 14% were sold over asking.
Days on Market for 89129, NV
How long does it take to sell a home in 89129, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 23 Days | 25 Days | +7.9% |
Summary: Homes in 89129 had an average of 25 days on market in Nov 2024, up by 7.9% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89129 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 49 homes were sold in 89129; 76% of homes were sold within 30 days, 20% 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.