$10,000 Closing Credit*
$1,350,000
3,060 SqFt
4 Beds
•3 Full Baths
Jason Lococo, Listing Office: Intero
Is 89460, 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, 89460 has remained a Seller's Market.
Key Takeaway
89460 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89460, NV
How much do homes in 89460, NV cost?
Median Sold Price
$637,500
$347/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$112,500(+21.4%)
Key Takeaway
Homes in 89460 have sold for 21.4% more than they did a year ago.
Summary: The median home sold price in 89460 was $637,500 in October 2024, up 21.4% from last year, and the median price per square foot was $347.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | - | N/A |
| 2 Bedrooms | $380K | $714K | +87.9% |
| 3 Bedrooms | $525K | $541K | +3.0% |
| 4 Bedrooms | $695K | $898.4K | +29.3% |
| 5+ Bedrooms | $4.3M | $1.7M | -58.4% |
Summary: 89460 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 increased by 87.9%, 3 bedroom homes increased by 3%, 4 bedroom homes increased by 29.3%, and 5+ bedroom homes decreased by 58.4%.
Median Sold Price Compared To Nearby Zip Codes
| 89449 | $780.5K | $1.1M | +42.9% |
| 89460 | $525K | $637.5K | +21.4% |
| 89410 | $550K | $620K | +12.7% |
| 89423 | $625K | $667K | +6.7% |
Housing Supply in 89460, NV
How many homes are available in 89460, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 79 | -13.2% |
Summary: The 89460 real estate market had 79 homes for sale in October 2024, a 13.2% decrease 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 | 4 | 3 | -25.0% |
| 3 Bedrooms | 50 | 44 | -12.0% |
| 4 Bedrooms | 27 | 22 | -18.5% |
| 5+ Bedrooms | 10 | 10 | 0.0% |
Summary: The 89460 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 decreased by 25%, 3 bedroom homes decreased by 12%, 4 bedroom homes decreased by 18.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 18 | 25 | +38.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89460, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 89460 in October 2024, up by 38.9% month-over-month. Of the 25 sold homes, 60% were sold under asking, 28% were sold at asking, and 12% were sold over asking.
Days on Market for 89460, NV
How long does it take to sell a home in 89460, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 65 Days | 130 Days | +97.9% |
Summary: Homes in 89460 had an average of 130 days on market in Oct 2024, up by 97.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 89460 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 25 homes were sold in 89460; 8% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 52% of homes were sold over 90 days.
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