Is 89410, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89410 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 89410 has remained a Seller's Market.

Key Takeaway

89410 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89410, NV

How much do homes in 89410, NV cost?

Median Sold Price

$620,000

$344/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$70,000(+12.7%)

Key Takeaway

Homes in 89410 have sold for 12.7% more than they did a year ago.

Summary: The median home sold price in 89410 was $620,000 in October 2024, up 12.7% from last year, and the median price per square foot was $344.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $575K-
N/A
2 $415K$415K
0.0%
3 $536.2K$579K
+8.0%
4 $767.5K$770.5K
0.4%
5+ $925K$2.3M
+151.4%

Summary: 89410 housing prices by bedroom type for October 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 8%, 4 bedroom homes increased by 0.4%, and 5+ bedroom homes increased by 151.4%.

Median Sold Price Compared To Nearby Zip Codes

89460
+21.4%
89410
+12.7%
89423
+6.7%
89444
+3.9%

Housing Supply in 89410, NV

How many homes are available in 89410, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5957-3.4%

Summary: The 89410 real estate market had 57 homes for sale in October 2024, a 3.4% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 77
0.0%
3 3434
0.0%
4 118
-27.3%
5+ 77
0.0%

Summary: The 89410 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 27.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1213+8.3%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89410, you may be able to get a good deal. 53.8% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in 89410 in October 2024, up by 8.3% month-over-month. Of the 13 sold homes, 54% were sold under asking, 31% were sold at asking, and 15% were sold over asking.

Days on Market for 89410, NV

How long does it take to sell a home in 89410, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
63 Days68 Days+6.5%

Summary: Homes in 89410 had an average of 68 days on market in Oct 2024, up by 6.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

10 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 89410 has remained consistent over time.

Summary: During October 2024, 13 homes were sold in 89410; 0% of homes were sold within 30 days, 77% of homes were sold within 30 to 90 days, and 23% 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

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