Is 89440, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89440 is a seller's market

Buyer's
Market

Difference Since Last Month

Since last month, 89440 has remained a Seller's Market.

Key Takeaway

89440 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89440, NV

How much do homes in 89440, NV cost?

Median Sold Price

$502,500

$237/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$142,500(+39.6%)

Key Takeaway

Homes in 89440 have sold for 39.6% more than they did a month ago.

Summary: The median home sold price in 89440 was $502,500 in October 2024, up 39.6% from last month, and the median price per square foot was $237.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $360K$550K
+52.8%
3 -$455K
N/A
4 --
N/A
5+ --
N/A

Summary: 89440 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 increased by 52.8%, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 89440, NV

How many homes are available in 89440, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
98-11.1%

Summary: The 89440 real estate market had 8 homes for sale in October 2024, a 11.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 42
-50.0%
3 23
+50.0%
4 11
0.0%
5+ 11
0.0%

Summary: The 89440 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 decreased by 50%, 3 bedroom homes increased by 50%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
220.0%

Asking Price vs. Sold Price

2 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 89440, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 89440 in October 2024, the same as the previous month. Of the 2 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 89440, NV

How long does it take to sell a home in 89440, NV?

Average Sale Time

Sep 2024Oct 2024CHANGE
118 Days90 Days-24.1%

Summary: Homes in 89440 had an average of 90 days on market in Oct 2024, down by 24.1% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

1 Home Was 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 89440 has remained consistent over time.

Summary: During October 2024, 2 homes were sold in 89440; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 27 Days Ago

Newest Listings in 89440, NV

Nearby Markets to 89440, NV