Is 89146, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89146 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 89146 was a Seller's Market.

Key Takeaway

89146 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 89146, NV

How much do homes in 89146, NV cost?

Median Sold Price

$412,500

$236/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$12,550(+3.1%)

Key Takeaway

Homes in 89146 have sold for 3.1% more than they did a year ago.

Summary: The median home sold price in 89146 was $412,500 in October 2024, up 3.1% from last year, and the median price per square foot was $236.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $225K$240K
+6.7%
3 $387.5K$400K
+3.2%
4 $545K$607.5K
+11.5%
5+ $775K$830K
+7.1%

Summary: 89146 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 6.7%, 3 bedroom homes increased by 3.2%, 4 bedroom homes increased by 11.5%, and 5+ bedroom homes increased by 7.1%.

Median Sold Price Compared To Nearby Zip Codes

89117
+14.1%
89107
+9.1%
89102
+5.1%
89146
+3.1%

Housing Supply in 89146, NV

How many homes are available in 89146, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
6683+25.8%

Summary: The 89146 real estate market had 83 homes for sale in October 2024, a 25.8% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 1923
+21.1%
3 1924
+26.3%
4 1720
+17.6%
5+ 1116
+45.5%

Summary: The 89146 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 21.1%, 3 bedroom homes increased by 26.3%, 4 bedroom homes increased by 17.6%, and 5+ bedroom homes increased by 45.5%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
104-60.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89146, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 89146 in October 2024, down by 60.0% month-over-month. Of the 4 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.

Days on Market for 89146, NV

How long does it take to sell a home in 89146, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
46 Days19 Days-58.4%

Summary: Homes in 89146 had an average of 19 days on market in Oct 2024, down by 58.4% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89146 are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 4 homes were sold in 89146; 75% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 0% 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 20 Days Ago

Newest Listings in 89146, NV

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