$4,691 Closing Credit*
$395,000
1,358 SqFt
3 Beds
•2 Full Baths, 1 Partial
Teresa McCormick, Listing Office: Real Broker LLC
Is 89148, 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, 89148 has remained a Seller's Market.
Key Takeaway
89148 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89148, NV
How much do homes in 89148, NV cost?
Median Sold Price
$494,000
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$44,000(+9.8%)
Key Takeaway
Homes in 89148 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 89148 was $494,000 in December 2024, up 9.8% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $229.9K | +6.9% |
| 2 Bedrooms | $362K | $392K | +8.3% |
| 3 Bedrooms | $430K | $450K | +4.7% |
| 4 Bedrooms | $488K | $524K | +7.4% |
| 5+ Bedrooms | $585.7K | $770K | +31.5% |
Summary: 89148 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 4.7%, 4 bedroom homes increased by 7.4%, and 5+ bedroom homes increased by 31.5%.
Housing Supply in 89148, NV
How many homes are available in 89148, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 216 | 220 | +1.9% |
Summary: The 89148 real estate market had 220 homes for sale in December 2024, a 1.9% increase compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 28 | 24 | -14.3% |
| 3 Bedrooms | 88 | 98 | +11.4% |
| 4 Bedrooms | 64 | 65 | +1.6% |
| 5+ Bedrooms | 33 | 30 | -9.1% |
Summary: The 89148 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 11.4%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 48 | 44 | -8.3% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89148, you may be able to get a good deal. 65.9% of homes here sold below asking price last month.
Summary: A total of 44 homes were sold or pending in 89148 in December 2024, down by 8.3% month-over-month. Of the 44 sold homes, 66% were sold under asking, 20% were sold at asking, and 14% were sold over asking.
Days on Market for 89148, NV
How long does it take to sell a home in 89148, NV?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 33 Days | 37 Days | +14.3% |
Summary: Homes in 89148 had an average of 37 days on market in Dec 2024, up by 14.3% compared to last year.
Breakdown of Home Sale Times
25 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89148 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 44 homes were sold in 89148; 57% of homes were sold within 30 days, 30% of homes were sold within 30 to 90 days, and 14% 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.