Is 89149, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89149 is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 89149 was a Seller's Market.

Key Takeaway

89149 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 89149, NV

How much do homes in 89149, NV cost?

Median Sold Price

$455,000

$245/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$5,000(+1.1%)

Key Takeaway

Homes in 89149 have sold for 1.1% more than they did a year ago.

Summary: The median home sold price in 89149 was $455,000 in November 2024, up 1.1% from last year, and the median price per square foot was $245.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $199K$199.7K
0.4%
2 $295K$320K
+8.5%
3 $385.5K$407.3K
+5.7%
4 $575K$665K
+15.7%
5+ $787.6K$839K
+6.5%

Summary: 89149 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 8.5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 15.7%, and 5+ bedroom homes increased by 6.5%.

Median Sold Price Compared To Nearby Zip Codes

89143
+5.4%
89129
+4.8%
89130
+4.7%
89131
+2.7%
89149
+1.1%

Housing Supply in 89149, NV

How many homes are available in 89149, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
268276+3.0%

Summary: The 89149 real estate market had 276 homes for sale in November 2024, a 3.0% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 3030
0.0%
3 102103
+1.0%
4 9497
+3.2%
5+ 4246
+9.5%

Summary: The 89149 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 3.2%, and 5+ bedroom homes increased by 9.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
45450.0%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

13 Homes Were Sold
At Asking

6 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89149, you may be able to get a good deal. 57.8% of homes here sold below asking price last month.

Summary: A total of 45 homes were sold or pending in 89149 in November 2024, the same as the previous month. Of the 45 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% were sold over asking.

Days on Market for 89149, NV

How long does it take to sell a home in 89149, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
36 Days36 Days+1.1%

Summary: Homes in 89149 had an average of 36 days on market in Nov 2024, up by 1.1% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

21 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89149 are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 45 homes were sold in 89149; 51% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 2% 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 21 Days Ago

Newest Listings in 89149, NV

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