$9,488 Closing Credit*
$799,000
2,264 SqFt
4 Beds
•3 Full Baths
Rose Teddy, Listing Office: RE/MAX Professionals-Reno
Is 89441, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, 89441 was a Buyer's Market.
Key Takeaway
89441 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89441, NV
How much do homes in 89441, NV cost?
Median Sold Price
$650,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$7,500(+1.2%)
Key Takeaway
Homes in 89441 have sold for 1.2% more than they did a year ago.
Summary: The median home sold price in 89441 was $650,000 in October 2024, up 1.2% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $617.5K | - | N/A |
| 3 Bedrooms | $561.2K | $575K | +2.4% |
| 4 Bedrooms | $685K | $665.9K | -2.8% |
| 5+ Bedrooms | $745K | $699.9K | -6.1% |
Summary: 89441 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 did not change, 3 bedroom homes increased by 2.4%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes decreased by 6.1%.
Median Sold Price Compared To Nearby Zip Codes
| 89436 | $530K | $549.3K | +3.6% |
| 89506 | $435K | $444.9K | +2.3% |
| 89441 | $642.5K | $650K | +1.2% |
Housing Supply in 89441, NV
How many homes are available in 89441, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 72 | 80 | +11.1% |
Summary: The 89441 real estate market had 80 homes for sale in October 2024, a 11.1% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 26 | 29 | +11.5% |
| 4 Bedrooms | 21 | 28 | +33.3% |
| 5+ Bedrooms | 24 | 22 | -8.3% |
Summary: The 89441 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 11.5%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 8.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 17 | +30.8% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89441, you may be able to get a good deal. 70.6% of homes here sold below asking price last month.
Summary: A total of 17 homes were sold or pending in 89441 in October 2024, up by 30.8% month-over-month. Of the 17 sold homes, 71% were sold under asking, 24% were sold at asking, and 6% were sold over asking.
Days on Market for 89441, NV
How long does it take to sell a home in 89441, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 79 Days | 90 Days | +13.8% |
Summary: Homes in 89441 had an average of 90 days on market in Oct 2024, up by 13.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 89441 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 17 homes were sold in 89441; 6% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.
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