$7,005 Closing Credit*
$589,900
2,061 SqFt
3 Beds
•2 Full Baths, 1 Partial
Basilio Rodriguez, Listing Office: Keller Williams Realty Las Veg
Is 89138, 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, 89138 has remained a Seller's Market.
Key Takeaway
89138 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89138, NV
How much do homes in 89138, NV cost?
Median Sold Price
$767,809
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$32,809(+4.5%)
Key Takeaway
Homes in 89138 have sold for 4.5% more than they did a year ago.
Summary: The median home sold price in 89138 was $767,809 in October 2024, up 4.5% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $505K | $535K | +5.9% |
| 3 Bedrooms | $600K | $667.5K | +11.3% |
| 4 Bedrooms | $848.7K | $890K | +4.9% |
| 5+ Bedrooms | $1.1M | $1.1M | +6.0% |
Summary: 89138 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.9%, 3 bedroom homes increased by 11.3%, 4 bedroom homes increased by 4.9%, and 5+ bedroom homes increased by 6%.
Housing Supply in 89138, NV
How many homes are available in 89138, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 204 | 232 | +13.7% |
Summary: The 89138 real estate market had 232 homes for sale in October 2024, a 13.7% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 16 | 17 | +6.3% |
| 3 Bedrooms | 80 | 90 | +12.5% |
| 4 Bedrooms | 83 | 96 | +15.7% |
| 5+ Bedrooms | 25 | 29 | +16.0% |
Summary: The 89138 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 increased by 6.3%, 3 bedroom homes increased by 12.5%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 16%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 37 | 46 | +24.3% |
Asking Price vs. Sold Price
31 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89138, you may be able to get a good deal. 67.4% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 89138 in October 2024, up by 24.3% month-over-month. Of the 46 sold homes, 67% were sold under asking, 24% were sold at asking, and 9% were sold over asking.
Days on Market for 89138, NV
How long does it take to sell a home in 89138, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 44 Days | 46 Days | +6.6% |
Summary: Homes in 89138 had an average of 46 days on market in Oct 2024, up by 6.6% compared to last year.
Breakdown of Home Sale Times
20 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89138 are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 46 homes were sold in 89138; 43% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 17% 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.