$10,000 Closing Credit*
$1,280,000
4,162 SqFt
2 Beds
•2 Full Baths, 2 Partial
Igor Li, Listing Office: eXp Realty
Is 89129, 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, 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
$442,750
$243/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,720(+4.4%)
Key Takeaway
Homes in 89129 have sold for 4.4% more than they did a year ago.
Summary: The median home sold price in 89129 was $442,750 in October 2024, up 4.4% from last year, and the median price per square foot was $243.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $222K | $232.9K | +4.9% |
| 2 Bedrooms | $300K | $303K | +1.0% |
| 3 Bedrooms | $390K | $410K | +5.1% |
| 4 Bedrooms | $487.5K | $535K | +9.7% |
| 5+ Bedrooms | $550K | $627.4K | +14.1% |
Summary: 89129 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.9%, 2 bedroom homes increased by 1%, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 9.7%, and 5+ bedroom homes increased by 14.1%.
Housing Supply in 89129, NV
How many homes are available in 89129, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 267 | 300 | +12.4% |
Summary: The 89129 real estate market had 300 homes for sale in October 2024, a 12.4% 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 | 30 | 35 | +16.7% |
| 3 Bedrooms | 97 | 111 | +14.4% |
| 4 Bedrooms | 86 | 102 | +18.6% |
| 5+ Bedrooms | 53 | 49 | -7.5% |
Summary: The 89129 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 16.7%, 3 bedroom homes increased by 14.4%, 4 bedroom homes increased by 18.6%, and 5+ bedroom homes decreased by 7.5%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 59 | 59 | 0.0% |
Asking Price vs. Sold Price
36 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89129, you may be able to get a good deal. 61% of homes here sold below asking price last month.
Summary: A total of 59 homes were sold or pending in 89129 in October 2024, the same as the previous month. Of the 59 sold homes, 61% were sold under asking, 34% were sold at asking, and 5% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 32 Days | 37 Days | +13.1% |
Summary: Homes in 89129 had an average of 37 days on market in Oct 2024, up by 13.1% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
24 Homes Were Sold
In 30 - 90 Days
3 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 October 2024, 59 homes were sold in 89129; 54% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 5% 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.