Is 89301, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89301 is a seller's market

Buyer's
Market

Difference Since December 2023

At the same time last year, 89301 was a Buyer's Market.

Key Takeaway

89301 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89301, NV

How much do homes in 89301, NV cost?

Median Sold Price

$225,000

$153/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$10,000(+4.7%)

Key Takeaway

Homes in 89301 have sold for 4.7% more than they did a year ago.

Summary: The median home sold price in 89301 was $225,000 in December 2024, up 4.7% from last year, and the median price per square foot was $153.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $95K$97K
+2.1%
2 $195K$191.5K
-1.8%
3 $227.2K$242K
+6.5%
4 $388.5K$299K
-23.0%
5+ $329K$352.2K
+7.1%

Summary: 89301 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.1%, 2 bedroom homes decreased by 1.8%, 3 bedroom homes increased by 6.5%, 4 bedroom homes decreased by 23%, and 5+ bedroom homes increased by 7.1%.

Housing Supply in 89301, NV

How many homes are available in 89301, NV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
1923+21.1%

Summary: The 89301 real estate market had 23 homes for sale in December 2024, a 21.1% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 11
0.0%
2 57
+40.0%
3 89
+12.5%
4 33
0.0%
5+ 23
+50.0%

Summary: The 89301 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 40%, 3 bedroom homes increased by 12.5%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
34+33.3%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89301, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 89301 in December 2024, up by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for 89301, NV

How long does it take to sell a home in 89301, NV?

Average Sale Time

Dec 2023Dec 2024CHANGE
65 Days90 Days+37.4%

Summary: Homes in 89301 had an average of 90 days on market in Dec 2024, up by 37.4% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89301 are selling fast, if you're buying plan to act quickly.

Summary: During December 2024, 4 homes were sold in 89301; 50% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 50% 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 7 Days Ago

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