$6,389 Closing Credit*
$538,000
1,749 SqFt
3 Beds
•2 Full Baths
Winona Sengstacken, Listing Office: Love Las Vegas Realty
Is 89161, 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, 89161 has remained a Seller's Market.
Key Takeaway
89161 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89161, NV
How much do homes in 89161, NV cost?
Median Sold Price
$545,213
$249/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$58,468(+12.0%)
Key Takeaway
Homes in 89161 have sold for 12% more than they did a year ago.
Summary: The median home sold price in 89161 was $545,213 in November 2024, up 12% from last year, and the median price per square foot was $249.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $469K | $440K | -6.2% |
| 3 Bedrooms | $479.9K | $537.5K | +12.0% |
| 4 Bedrooms | $474.1K | $547.4K | +15.5% |
| 5+ Bedrooms | $501.4K | $579.9K | +15.6% |
Summary: 89161 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.2%, 3 bedroom homes increased by 12%, 4 bedroom homes increased by 15.5%, and 5+ bedroom homes increased by 15.6%.
Housing Supply in 89161, NV
How many homes are available in 89161, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 78 | 68 | -12.8% |
Summary: The 89161 real estate market had 68 homes for sale in November 2024, a 12.8% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 37 | 34 | -8.1% |
| 4 Bedrooms | 28 | 24 | -14.3% |
| 5+ Bedrooms | 13 | 10 | -23.1% |
Summary: The 89161 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 decreased by 8.1%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 23.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 19 | 15 | -21.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89161, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 89161 in November 2024, down by 21.1% month-over-month. Of the 15 sold homes, 53% were sold under asking, 47% were sold at asking, and 0% were sold over asking.
Days on Market for 89161, NV
How long does it take to sell a home in 89161, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 92 Days | 68 Days | -26.0% |
Summary: Homes in 89161 had an average of 68 days on market in Nov 2024, down by 26% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89161 has remained consistent over time.
Summary: During November 2024, 15 homes were sold in 89161; 13% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 33% 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.