Is 89403, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89403 is a seller's market

Buyer's
Market

Difference Since December 2023

Since last year, 89403 has remained a Seller's Market.

Key Takeaway

89403 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89403, NV

How much do homes in 89403, NV cost?

Median Sold Price

$452,500

$252/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$15,000(+3.4%)

Key Takeaway

Homes in 89403 have sold for 3.4% more than they did a year ago.

Summary: The median home sold price in 89403 was $452,500 in December 2024, up 3.4% from last year, and the median price per square foot was $252.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 $245K-
N/A
2 $380K$380K
0.0%
3 $415K$418.9K
+1.0%
4 $490K$522.9K
+6.7%
5+ $544.9K$566.4K
+3.9%

Summary: 89403 housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 6.7%, and 5+ bedroom homes increased by 3.9%.

Median Sold Price Compared To Nearby Zip Codes

89706
+11.0%
89403
+3.4%
89521
+2.3%

Housing Supply in 89403, NV

How many homes are available in 89403, NV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
8675-12.8%

Summary: The 89403 real estate market had 75 homes for sale in December 2024, a 12.8% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 42
-50.0%
3 5447
-13.0%
4 2624
-7.7%
5+ 22
0.0%

Summary: The 89403 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 decreased by 50%, 3 bedroom homes decreased by 13%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
2415-37.5%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89403, you may be able to get a good deal. 46.7% of homes here sold below asking price last month.

Summary: A total of 15 homes were sold or pending in 89403 in December 2024, down by 37.5% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% were sold over asking.

Days on Market for 89403, NV

How long does it take to sell a home in 89403, NV?

Average Sale Time

Dec 2023Dec 2024CHANGE
81 Days74 Days-7.8%

Summary: Homes in 89403 had an average of 74 days on market in Dec 2024, down by 7.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

12 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89403 has remained consistent over time.

Summary: During December 2024, 15 homes were sold in 89403; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 4 Days Ago

Newest Listings in 89403, NV

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