$8,486 Closing Credit*
$714,590
2,924 SqFt
3 Beds
•2 Full Baths, 1 Partial
Frank J. Gargano, Listing Office: Real Estate Consultants of Nv
Is 89166, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 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
$499,963
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$30,513(+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 $499,963 in October 2024, up 6.5% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $187.7K | $199.7K | +6.4% |
| 2 Bedrooms | $221.5K | $246.2K | +11.2% |
| 3 Bedrooms | $429.5K | $460K | +7.1% |
| 4 Bedrooms | $510K | $530K | +3.9% |
| 5+ Bedrooms | $680K | $716.3K | +5.4% |
Summary: 89166 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.4%, 2 bedroom homes increased by 11.2%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 3.9%, and 5+ bedroom homes increased by 5.4%.
Housing Supply in 89166, NV
How many homes are available in 89166, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 208 | 218 | +4.8% |
Summary: The 89166 real estate market had 218 homes for sale in October 2024, a 4.8% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 110 | 115 | +4.5% |
| 4 Bedrooms | 73 | 76 | +4.1% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The 89166 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 47 | 48 | +2.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89166, expect to pay close to the asking price. 37.5% of homes here sold near the asking price last month.
Summary: A total of 48 homes were sold or pending in 89166 in October 2024, up by 2.1% month-over-month. Of the 48 sold homes, 29% were sold under asking, 38% were sold at asking, and 33% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 41 Days | 39 Days | -5.7% |
Summary: Homes in 89166 had an average of 39 days on market in Oct 2024, down by 5.7% compared to last year.
Breakdown of Home Sale Times
27 Homes Were Sold
Under 30 Days
14 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 October 2024, 48 homes were sold in 89166; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 15% 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.