Is 89139, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89139 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 89139 has remained a Seller's Market.

Key Takeaway

89139 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89139, NV

How much do homes in 89139, NV cost?

Median Sold Price

$469,250

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$43,250(+10.2%)

Key Takeaway

Homes in 89139 have sold for 10.2% more than they did a year ago.

Summary: The median home sold price in 89139 was $469,250 in December 2024, up 10.2% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $330K$340K
+3.0%
3 $385K$420K
+9.1%
4 $489K$520K
+6.3%
5+ $640K$690K
+7.8%

Summary: 89139 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 3%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes increased by 7.8%.

Median Sold Price Compared To Nearby Zip Codes

89113
+12.7%
89139
+10.2%
89141
+8.6%
89123
+6.1%
89118
+3.8%

Housing Supply in 89139, NV

How many homes are available in 89139, NV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
177181+2.3%

Summary: The 89139 real estate market had 181 homes for sale in December 2024, a 2.3% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 1111
0.0%
3 6468
+6.3%
4 5854
-6.9%
5+ 4448
+9.1%

Summary: The 89139 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 remained the same, 3 bedroom homes increased by 6.3%, 4 bedroom homes decreased by 6.9%, and 5+ bedroom homes increased by 9.1%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
3632-11.1%

Asking Price vs. Sold Price

17 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89139, you may be able to get a good deal. 53.1% of homes here sold below asking price last month.

Summary: A total of 32 homes were sold or pending in 89139 in December 2024, down by 11.1% month-over-month. Of the 32 sold homes, 53% were sold under asking, 22% were sold at asking, and 25% were sold over asking.

Days on Market for 89139, NV

How long does it take to sell a home in 89139, NV?

Average Sale Time

Dec 2023Dec 2024CHANGE
53 Days41 Days-22.6%

Summary: Homes in 89139 had an average of 41 days on market in Dec 2024, down by 22.6% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89139 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 32 homes were sold in 89139; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 4 Days Ago

Newest Listings in 89139, NV

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