$5,047 Closing Credit*
$425,000
1,340 SqFt
3 Beds
•2 Full Baths
Kenneth R. Baldwin, Listing Office: eXp Realty
Is 89156, 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, 89156 has remained a Seller's Market.
Key Takeaway
89156 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89156, NV
How much do homes in 89156, NV cost?
Median Sold Price
$352,500
$228/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$12,500(+3.7%)
Key Takeaway
Homes in 89156 have sold for 3.7% more than they did a year ago.
Summary: The median home sold price in 89156 was $352,500 in December 2024, up 3.7% from last year, and the median price per square foot was $228.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $184.5K | +36.7% |
| 2 Bedrooms | $199K | $205.5K | +3.3% |
| 3 Bedrooms | $350K | $358.9K | +2.6% |
| 4 Bedrooms | $382.5K | $410K | +7.2% |
| 5+ Bedrooms | $396K | $472K | +19.2% |
Summary: 89156 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 36.7%, 2 bedroom homes increased by 3.3%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 7.2%, and 5+ bedroom homes increased by 19.2%.
Housing Supply in 89156, NV
How many homes are available in 89156, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 98 | 96 | -2.0% |
Summary: The 89156 real estate market had 96 homes for sale in December 2024, a 2.0% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 26 | 29 | +11.5% |
| 3 Bedrooms | 48 | 43 | -10.4% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 89156 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 increased by 11.5%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 18 | 20 | +11.1% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89156, you may be able to get a good deal. 55% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 89156 in December 2024, up by 11.1% month-over-month. Of the 20 sold homes, 55% were sold under asking, 35% were sold at asking, and 10% were sold over asking.
Days on Market for 89156, NV
How long does it take to sell a home in 89156, NV?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 64 Days | 48 Days | -24.5% |
Summary: Homes in 89156 had an average of 48 days on market in Dec 2024, down by 24.5% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89156 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 20 homes were sold in 89156; 40% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 20% 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.