Is 89143, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89143 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 89143 has remained a Seller's Market.

Key Takeaway

89143 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89143, NV

How much do homes in 89143, NV cost?

Median Sold Price

$480,000

$240/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$24,436(+5.4%)

Key Takeaway

Homes in 89143 have sold for 5.4% more than they did a year ago.

Summary: The median home sold price in 89143 was $480,000 in December 2024, up 5.4% from last year, and the median price per square foot was $240.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $458.5K$390K
-15.0%
3 $400K$430K
+7.5%
4 $490K$500K
+2.0%
5+ $640K$566.4K
-11.5%

Summary: 89143 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 decreased by 15%, 3 bedroom homes increased by 7.5%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 11.5%.

Median Sold Price Compared To Nearby Zip Codes

89166
+6.1%
89143
+5.4%
89131
+2.2%

Housing Supply in 89143, NV

How many homes are available in 89143, NV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
6870+2.9%

Summary: The 89143 real estate market had 70 homes for sale in December 2024, a 2.9% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 76
-14.3%
3 2932
+10.3%
4 2526
+4.0%
5+ 76
-14.3%

Summary: The 89143 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 14.3%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 14.3%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
918+100.0%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89143, you may be able to get a good deal. 38.9% of homes here sold below asking price last month.

Summary: A total of 18 homes were sold or pending in 89143 in December 2024, up by 100.0% month-over-month. Of the 18 sold homes, 39% were sold under asking, 28% were sold at asking, and 33% were sold over asking.

Days on Market for 89143, NV

How long does it take to sell a home in 89143, NV?

Average Sale Time

Dec 2023Dec 2024CHANGE
65 Days48 Days-25.9%

Summary: Homes in 89143 had an average of 48 days on market in Dec 2024, down by 25.9% compared to last year.

Breakdown of Home Sale Times

8 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89143 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 18 homes were sold in 89143; 44% of homes were sold within 30 days, 44% of homes were sold within 30 to 90 days, and 11% 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 7 Days Ago

Newest Listings in 89143, NV

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