$10,000 Closing Credit*
$1,100,000
1,584 SqFt
3 Beds
•3 Full Baths
Dena Van Blaricom, Listing Office: Sierra Sotheby's Intl. Realty
Is 89451, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, 89451 has remained a Seller's Market.
Key Takeaway
89451 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89451, NV
How much do homes in 89451, NV cost?
Median Sold Price
$1,532,500
$753/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$372,500(+32.1%)
Key Takeaway
Homes in 89451 have sold for 32.1% more than they did a year ago.
Summary: The median home sold price in 89451 was $1,532,500 in October 2024, up 32.1% from last year, and the median price per square foot was $753.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $612.5K | $760K | +24.1% |
| 2 Bedrooms | $825K | $1.0M | +27.0% |
| 3 Bedrooms | $1.0M | $1.0M | +2.7% |
| 4 Bedrooms | $2.0M | $2.3M | +15.0% |
| 5+ Bedrooms | $3.8M | $3.7M | -3.5% |
Summary: 89451 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 15%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Zip Codes
| 89451 | $1.1M | $1.5M | +32.1% |
| 89704 | $674K | $713.5K | +5.9% |
| 89511 | $1.1M | $1.1M | 0.0% |
| 89703 | $665K | $598K | -10.1% |
Housing Supply in 89451, NV
How many homes are available in 89451, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 101 | 96 | -5.0% |
Summary: The 89451 real estate market had 96 homes for sale in October 2024, a 5.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 24 | 21 | -12.5% |
| 3 Bedrooms | 42 | 40 | -4.8% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 16 | 17 | +6.3% |
Summary: The 89451 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 12.5%, 3 bedroom homes decreased by 4.8%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 18 | +80.0% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89451, you may be able to get a good deal. 77.8% of homes here sold below asking price last month.
Summary: A total of 18 homes were sold or pending in 89451 in October 2024, up by 80.0% month-over-month. Of the 18 sold homes, 78% were sold under asking, 17% were sold at asking, and 6% were sold over asking.
Days on Market for 89451, NV
How long does it take to sell a home in 89451, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 117 Days | +66.7% |
Summary: Homes in 89451 had an average of 117 days on market in Oct 2024, up by 66.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 89451 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 18 homes were sold in 89451; 0% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 78% of homes were sold over 90 days.
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