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 October 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

$469,333

$243/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$48,833(+11.6%)

Key Takeaway

Homes in 89139 have sold for 11.6% more than they did a year ago.

Summary: The median home sold price in 89139 was $469,333 in October 2024, up 11.6% from last year, and the median price per square foot was $243.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $320K$340K
+6.3%
3 $380K$418K
+10.0%
4 $465K$525K
+12.9%
5+ $625K$705K
+12.8%

Summary: 89139 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 6.3%, 3 bedroom homes increased by 10%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 12.8%.

Median Sold Price Compared To Nearby Zip Codes

89113
+15.0%
89139
+11.6%
89141
+7.8%
89118
+6.1%
89123
+4.0%

Housing Supply in 89139, NV

How many homes are available in 89139, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
202222+9.9%

Summary: The 89139 real estate market had 222 homes for sale in October 2024, a 9.9% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1415
+7.1%
3 7075
+7.1%
4 6774
+10.4%
5+ 5158
+13.7%

Summary: The 89139 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 7.1%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 13.7%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
4039-2.5%

Asking Price vs. Sold Price

25 Homes Were Sold
Under Asking

9 Homes Were Sold
At Asking

5 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. 64.1% of homes here sold below asking price last month.

Summary: A total of 39 homes were sold or pending in 89139 in October 2024, down by 2.5% month-over-month. Of the 39 sold homes, 64% were sold under asking, 23% were sold at asking, and 13% 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

Oct 2023Oct 2024CHANGE
31 Days37 Days+18.8%

Summary: Homes in 89139 had an average of 37 days on market in Oct 2024, up by 18.8% compared to last year.

Breakdown of Home Sale Times

24 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

2 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 October 2024, 39 homes were sold in 89139; 62% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 5% 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 23 Days Ago

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