Is 89415, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89415 is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, 89415 has remained a Buyer's Market.

Key Takeaway

89415 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 89415, NV

How much do homes in 89415, NV cost?

Median Sold Price

$180,000

$119/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$5,000(+2.9%)

Key Takeaway

Homes in 89415 have sold for 2.9% more than they did a year ago.

Summary: The median home sold price in 89415 was $180,000 in October 2024, up 2.9% from last year, and the median price per square foot was $119.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $70.2K-
N/A
2 $125K$95.5K
-23.6%
3 $189K$200K
+5.8%
4 -$223.5K
N/A
5+ $241K-
N/A

Summary: 89415 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 decreased by 23.6%, 3 bedroom homes increased by 5.8%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

89447
+10.5%
89444
+3.9%
89415
+2.9%

Housing Supply in 89415, NV

How many homes are available in 89415, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2329+26.1%

Summary: The 89415 real estate market had 29 homes for sale in October 2024, a 26.1% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 67
+16.7%
3 1419
+35.7%
4 22
0.0%
5+ 11
0.0%

Summary: The 89415 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 16.7%, 3 bedroom homes increased by 35.7%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
24+100.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89415, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in 89415 in October 2024, up by 100.0% month-over-month. Of the 4 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 89415, NV

How long does it take to sell a home in 89415, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
174 Days135 Days-22.0%

Summary: Homes in 89415 had an average of 135 days on market in Oct 2024, down by 22% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 89415 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 4 homes were sold in 89415; 0% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 75% 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 17 Days Ago

Newest Listings in 89415, NV

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