$5,284 Closing Credit*
$445,000
1,591 SqFt
3 Beds
•2 Full Baths, 1 Partial
Kristi Maxwell, Listing Office: Realty One Group Eminence
Is 89423, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 89423 was a Seller's Market.
Key Takeaway
89423 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 89423, NV
How much do homes in 89423, NV cost?
Median Sold Price
$669,500
$336/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$39,500(+6.3%)
Key Takeaway
Homes in 89423 have sold for 6.3% more than they did a year ago.
Summary: The median home sold price in 89423 was $669,500 in November 2024, up 6.3% from last year, and the median price per square foot was $336.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $824.5K | N/A |
| 2 Bedrooms | $452K | $547K | +21.0% |
| 3 Bedrooms | $592.5K | $661K | +11.6% |
| 4 Bedrooms | $750K | $750K | 0.0% |
| 5+ Bedrooms | $1.0M | $1.1M | +7.5% |
Summary: 89423 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 21%, 3 bedroom homes increased by 11.6%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 7.5%.
Median Sold Price Compared To Nearby Zip Codes
| 89460 | $525K | $640K | +21.9% |
| 89705 | $465K | $516.3K | +11.0% |
| 89701 | $439.9K | $475K | +8.0% |
| 89423 | $630K | $669.5K | +6.3% |
Housing Supply in 89423, NV
How many homes are available in 89423, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 77 | 69 | -10.4% |
Summary: The 89423 real estate market had 69 homes for sale in November 2024, a 10.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 47 | 40 | -14.9% |
| 4 Bedrooms | 16 | 15 | -6.3% |
| 5+ Bedrooms | 7 | 6 | -14.3% |
Summary: The 89423 housing inventory by bedroom type for November 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 decreased by 14.9%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 22 | 10 | -54.5% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89423, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 89423 in November 2024, down by 54.5% month-over-month. Of the 10 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 89423, NV
How long does it take to sell a home in 89423, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 78 Days | 80 Days | +2.0% |
Summary: Homes in 89423 had an average of 80 days on market in Nov 2024, up by 2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89423 has remained consistent over time.
Summary: During November 2024, 10 homes were sold in 89423; 10% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.