Is 89449, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89449 is a buyer's market

Buyer's
Market

Difference Since October 2023

At the same time last year, 89449 was a Seller's Market.

Key Takeaway

89449 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 89449, NV

How much do homes in 89449, NV cost?

Median Sold Price

$1,115,000

$590/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$334,500(+42.9%)

Key Takeaway

Homes in 89449 have sold for 42.9% more than they did a year ago.

Summary: The median home sold price in 89449 was $1,115,000 in October 2024, up 42.9% from last year, and the median price per square foot was $590.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $387.5K$370K
-4.5%
2 $562.5K$540K
-4.0%
3 $940K$1.2M
+29.8%
4 $1.5M$1.3M
-10.0%
5+ $2.1M$1.5M
-23.9%

Summary: 89449 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.5%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 29.8%, 4 bedroom homes decreased by 10%, and 5+ bedroom homes decreased by 23.9%.

Median Sold Price Compared To Nearby Zip Codes

89449
+42.9%
89460
+21.4%

Housing Supply in 89449, NV

How many homes are available in 89449, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
5046-8.0%

Summary: The 89449 real estate market had 46 homes for sale in October 2024, a 8.0% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 87
-12.5%
2 1513
-13.3%
3 1614
-12.5%
4 78
+14.3%
5+ 44
0.0%

Summary: The 89449 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 12.5%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
75-28.6%

Asking Price vs. Sold Price

5 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 89449, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 89449 in October 2024, down by 28.6% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for 89449, NV

How long does it take to sell a home in 89449, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
101 Days153 Days+50.6%

Summary: Homes in 89449 had an average of 153 days on market in Oct 2024, up by 50.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in 89449 are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 5 homes were sold in 89449; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% 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 23 Days Ago

Newest Listings in 89449, NV

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