Is 89433, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89433 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 89433 has remained a Seller's Market.

Key Takeaway

89433 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89433, NV

How much do homes in 89433, NV cost?

Median Sold Price

$430,900

$271/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$25,900(+6.4%)

Key Takeaway

Homes in 89433 have sold for 6.4% more than they did a year ago.

Summary: The median home sold price in 89433 was $430,900 in October 2024, up 6.4% from last year, and the median price per square foot was $271.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $222.5K-
N/A
2 $310K$379.9K
+22.6%
3 $404.9K$425K
+4.9%
4 $439.5K$455K
+3.5%
5+ $560K$498K
-11.1%

Summary: 89433 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 increased by 22.6%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 3.5%, and 5+ bedroom homes decreased by 11.1%.

Median Sold Price Compared To Nearby Zip Codes

89433
+6.4%
89436
+3.6%
89431
+2.7%
89506
+2.3%

Housing Supply in 89433, NV

How many homes are available in 89433, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2327+17.4%

Summary: The 89433 real estate market had 27 homes for sale in October 2024, a 17.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2025
+25.0%
4 11
0.0%
5+ 21
-50.0%

Summary: The 89433 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 25%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

4 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89433, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in 89433 in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 13% were sold under asking, 50% were sold at asking, and 38% were sold over asking.

Days on Market for 89433, NV

How long does it take to sell a home in 89433, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
48 Days62 Days+30.5%

Summary: Homes in 89433 had an average of 62 days on market in Oct 2024, up by 30.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

7 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89433 has remained consistent over time.

Summary: During October 2024, 8 homes were sold in 89433; 0% of homes were sold within 30 days, 88% of homes were sold within 30 to 90 days, and 13% 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 89433, NV

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