Is 89447, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89447 is a seller's market

Buyer's
Market

Difference Since November 2023

Since last year, 89447 has remained a Seller's Market.

Key Takeaway

89447 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89447, NV

How much do homes in 89447, NV cost?

Median Sold Price

$295,000

$196/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$45,500(+18.2%)

Key Takeaway

Homes in 89447 have sold for 18.2% more than they did a year ago.

Summary: The median home sold price in 89447 was $295,000 in November 2024, up 18.2% from last year, and the median price per square foot was $196.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $380K$175K
-53.9%
2 $210K$211K
0.5%
3 $297.5K$302K
+1.5%
4 $287.9K$425K
+47.6%
5+ $420K-
N/A

Summary: 89447 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 53.9%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 47.6%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Zip Codes

89447
+18.2%
89403
+4.7%

Housing Supply in 89447, NV

How many homes are available in 89447, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
2627+3.8%

Summary: The 89447 real estate market had 27 homes for sale in November 2024, a 3.8% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 01
+100.0%
2 12
+100.0%
3 2019
-5.0%
4 55
0.0%
5+ 00
0.0%

Summary: The 89447 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 100%, 3 bedroom homes decreased by 5%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
35+66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89447, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 89447 in November 2024, up by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% were sold over asking.

Days on Market for 89447, NV

How long does it take to sell a home in 89447, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
146 Days158 Days+8.1%

Summary: Homes in 89447 had an average of 158 days on market in Nov 2024, up by 8.1% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89447 has remained consistent over time.

Summary: During November 2024, 5 homes were sold in 89447; 0% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 40% 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 3 Days Ago

Newest Listings in 89447, NV

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