$6,353 Closing Credit*
$535,000
1,556 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kaori Nagao-Chiti, Listing Office: Las Vegas Sotheby's Int'l
Is 89138, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 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
$777,503
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$38,103(+5.2%)
Key Takeaway
Homes in 89138 have sold for 5.2% more than they did a year ago.
Summary: The median home sold price in 89138 was $777,503 in December 2024, up 5.2% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $510K | $543K | +6.5% |
| 3 Bedrooms | $620K | $665K | +7.3% |
| 4 Bedrooms | $856.8K | $875K | +2.1% |
| 5+ Bedrooms | $1.1M | $1.1M | -0.1% |
Summary: 89138 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.5%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes decreased by 0.1%.
Housing Supply in 89138, NV
How many homes are available in 89138, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 195 | 198 | +1.5% |
Summary: The 89138 real estate market had 198 homes for sale in December 2024, a 1.5% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 13 | 12 | -7.7% |
| 3 Bedrooms | 74 | 73 | -1.4% |
| 4 Bedrooms | 82 | 91 | +11.0% |
| 5+ Bedrooms | 26 | 22 | -15.4% |
Summary: The 89138 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.7%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 11%, and 5+ bedroom homes decreased by 15.4%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 28 | 46 | +64.3% |
Asking Price vs. Sold Price
39 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89138, you may be able to get a good deal. 84.8% of homes here sold below asking price last month.
Summary: A total of 46 homes were sold or pending in 89138 in December 2024, up by 64.3% month-over-month. Of the 46 sold homes, 85% were sold under asking, 15% were sold at asking, and 0% 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 42 Days | 50 Days | +19.4% |
Summary: Homes in 89138 had an average of 50 days on market in Dec 2024, up by 19.4% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89138 has remained consistent over time.
Summary: During December 2024, 46 homes were sold in 89138; 37% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 13% 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.