Is 89434, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89434 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 89434 has remained a Seller's Market.

Key Takeaway

89434 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89434, NV

How much do homes in 89434, NV cost?

Median Sold Price

$455,000

$293/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$15,666(+3.6%)

Key Takeaway

Homes in 89434 have sold for 3.6% more than they did a year ago.

Summary: The median home sold price in 89434 was $455,000 in October 2024, up 3.6% from last year, and the median price per square foot was $293.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $189.9K$215K
+13.2%
2 $404K$415K
+2.7%
3 $435K$450K
+3.4%
4 $530K$514K
-3.0%
5+ $540K$605K
+12.0%

Summary: 89434 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.2%, 2 bedroom homes increased by 2.7%, 3 bedroom homes increased by 3.4%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 12%.

Median Sold Price Compared To Nearby Zip Codes

89502
+10.3%
89434
+3.6%
89436
+3.6%
89521
+3.0%
89431
+2.7%

Housing Supply in 89434, NV

How many homes are available in 89434, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7887+11.5%

Summary: The 89434 real estate market had 87 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 33
0.0%
2 2025
+25.0%
3 4141
0.0%
4 1316
+23.1%
5+ 12
+100.0%

Summary: The 89434 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 25%, 3 bedroom homes remained the same, 4 bedroom homes increased by 23.1%, and 5+ bedroom homes increased by 100%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1820+11.1%

Asking Price vs. Sold Price

12 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89434, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 89434 in October 2024, up by 11.1% month-over-month. Of the 20 sold homes, 60% were sold under asking, 25% were sold at asking, and 15% were sold over asking.

Days on Market for 89434, NV

How long does it take to sell a home in 89434, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
68 Days74 Days+9.6%

Summary: Homes in 89434 had an average of 74 days on market in Oct 2024, up by 9.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

15 Homes Were Sold
In 30 - 90 Days

5 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89434 has remained consistent over time.

Summary: During October 2024, 20 homes were sold in 89434; 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.

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 89434, NV

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