$5,926 Closing Credit*
$499,000
1,859 SqFt
3 Beds
•2 Full Baths, 1 Partial
Christopher Phelps, Listing Office: Realty ONE Group, Inc
Is 89166, 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, 89166 has remained a Seller's Market.
Key Takeaway
89166 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89166, NV
How much do homes in 89166, NV cost?
Median Sold Price
$500,326
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,348(+6.5%)
Key Takeaway
Homes in 89166 have sold for 6.5% more than they did a year ago.
Summary: The median home sold price in 89166 was $500,326 in November 2024, up 6.5% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $190.5K | $199.5K | +4.7% |
| 2 Bedrooms | $221.5K | $243.5K | +9.9% |
| 3 Bedrooms | $430K | $460K | +7.0% |
| 4 Bedrooms | $510K | $530K | +3.9% |
| 5+ Bedrooms | $689.2K | $722K | +4.8% |
Summary: 89166 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.7%, 2 bedroom homes increased by 9.9%, 3 bedroom homes increased by 7%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 4.8%.
Housing Supply in 89166, NV
How many homes are available in 89166, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 219 | 190 | -13.2% |
Summary: The 89166 real estate market had 190 homes for sale in November 2024, a 13.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 0 | -100.0% |
| 2 Bedrooms | 5 | 8 | +60.0% |
| 3 Bedrooms | 115 | 101 | -12.2% |
| 4 Bedrooms | 76 | 67 | -11.8% |
| 5+ Bedrooms | 22 | 14 | -36.4% |
Summary: The 89166 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 60%, 3 bedroom homes decreased by 12.2%, 4 bedroom homes decreased by 11.8%, and 5+ bedroom homes decreased by 36.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 35 | -32.7% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
12 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89166, you may be able to get a good deal. 51.4% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in 89166 in November 2024, down by 32.7% month-over-month. Of the 35 sold homes, 51% were sold under asking, 34% were sold at asking, and 14% were sold over asking.
Days on Market for 89166, NV
How long does it take to sell a home in 89166, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 32 Days | 49 Days | +51.6% |
Summary: Homes in 89166 had an average of 49 days on market in Nov 2024, up by 51.6% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89166 are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 35 homes were sold in 89166; 54% of homes were sold within 30 days, 26% 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.