$5,938 Closing Credit*
$500,000
1,934 SqFt
3 Beds
•2 Full Baths, 1 Partial
Donovan Reyes, Listing Office: Galindo Group Real Estate
Is 89148, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 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
$491,166
$256/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$41,166(+9.1%)
Key Takeaway
Homes in 89148 have sold for 9.1% more than they did a year ago.
Summary: The median home sold price in 89148 was $491,166 in November 2024, up 9.1% from last year, and the median price per square foot was $256.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $215K | $229.9K | +6.9% |
| 2 Bedrooms | $362K | $395K | +9.1% |
| 3 Bedrooms | $430K | $447.5K | +4.1% |
| 4 Bedrooms | $487K | $522K | +7.2% |
| 5+ Bedrooms | $575.7K | $753.5K | +30.9% |
Summary: 89148 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 9.1%, 3 bedroom homes increased by 4.1%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 30.9%.
Housing Supply in 89148, NV
How many homes are available in 89148, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 239 | 239 | 0.0% |
Summary: The 89148 real estate market had 239 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 3 | -50.0% |
| 2 Bedrooms | 30 | 31 | +3.3% |
| 3 Bedrooms | 95 | 103 | +8.4% |
| 4 Bedrooms | 74 | 66 | -10.8% |
| 5+ Bedrooms | 34 | 36 | +5.9% |
Summary: The 89148 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 8.4%, 4 bedroom homes decreased by 10.8%, and 5+ bedroom homes increased by 5.9%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 48 | 49 | +2.1% |
Asking Price vs. Sold Price
34 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89148, you may be able to get a good deal. 69.4% of homes here sold below asking price last month.
Summary: A total of 49 homes were sold or pending in 89148 in November 2024, up by 2.1% month-over-month. Of the 49 sold homes, 69% were sold under asking, 22% were sold at asking, and 8% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 24 Days | 47 Days | +95.4% |
Summary: Homes in 89148 had an average of 47 days on market in Nov 2024, up by 95.4% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
8 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 November 2024, 49 homes were sold in 89148; 45% of homes were sold within 30 days, 39% of homes were sold within 30 to 90 days, and 16% 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.