$10,000 Closing Credit*
$1,225,000
2,624 SqFt
3 Beds
•2 Full Baths, 1 Partial
Stephanie Griffith, Listing Office: Sierra Sotheby's Intl. Realty
Is 89411, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 89411 was a Buyer's Market.
Key Takeaway
89411 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 89411, NV
How much do homes in 89411, NV cost?
Median Sold Price
$967,500
$358/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$364,500(-27.4%)
Key Takeaway
Homes in 89411 have sold for 27.4% less than they did a month ago.
Summary: The median home sold price in 89411 was $967,500 in October 2024, down 27.4% from last month, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | - | $1.0M | N/A |
| 4 Bedrooms | $1.3M | $895K | -32.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: 89411 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes decreased by 32.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Zip Codes
| 89448 | $1.3M | $1.0M | -20.8% |
| 89411 | $1.3M | $967.5K | -27.4% |
Housing Supply in 89411, NV
How many homes are available in 89411, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 24 | 0.0% |
Summary: The 89411 real estate market had 24 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 9 | 8 | -11.1% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 89411 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 remained the same, 3 bedroom homes increased by 9.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 4 | +100.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89411, 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 89411 in October 2024, up by 100.0% 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 89411, NV
How long does it take to sell a home in 89411, NV?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 95 Days | 79 Days | -16.5% |
Summary: Homes in 89411 had an average of 79 days on market in Oct 2024, down by 16.5% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89411 has remained consistent over time.
Summary: During October 2024, 4 homes were sold in 89411; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.