$8,301 Closing Credit*
$699,000
1,294 SqFt
3 Beds
•2 Full Baths
Dennis McDuffee, Listing Office: Intero
Is 89448, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 89448 was a Buyer's Market.
Key Takeaway
89448 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 89448, NV
How much do homes in 89448, NV cost?
Median Sold Price
$1,050,000
$573/sqft
Based on all homes sold in October 2024.
Difference Since Last Month
-$275,000(-20.8%)
Key Takeaway
Homes in 89448 have sold for 20.8% less than they did a month ago.
Summary: The median home sold price in 89448 was $1,050,000 in October 2024, down 20.8% from last month, and the median price per square foot was $573.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $771K | N/A |
| 3 Bedrooms | $1.1M | $1.0M | -11.0% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | $9.6M | $3.5M | -62.7% |
Summary: 89448 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 did not change, 3 bedroom homes decreased by 11%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 62.7%.
Median Sold Price Compared To Nearby Zip Codes
| 89448 | $1.3M | $1.0M | -20.8% |
| 89411 | $1.3M | $967.5K | -27.4% |
Housing Supply in 89448, NV
How many homes are available in 89448, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The 89448 real estate market had 33 homes for sale in October 2024, a 3.1% 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 | 5 | 6 | +20.0% |
| 3 Bedrooms | 19 | 19 | 0.0% |
| 4 Bedrooms | 4 | 4 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The 89448 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 20%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 5 | +66.7% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89448, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in 89448 in October 2024, up by 66.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% were sold over asking.
Days on Market for 89448, NV
How long does it take to sell a home in 89448, NV?
Average Sale Time
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 224 Days | 58 Days | -73.9% |
Summary: Homes in 89448 had an average of 58 days on market in Oct 2024, down by 73.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89448 has remained consistent over time.
Summary: During October 2024, 5 homes were sold in 89448; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
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