$10,000 Closing Credit*
$968,000
2,740 SqFt
4 Beds
•3 Full Baths
Gwen Niccoli, Listing Office: Far West Real Estate LLC
Is 89460, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, 89460 was a Neutral 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
$640,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$115,000(+21.9%)
Key Takeaway
Homes in 89460 have sold for 21.9% more than they did a year ago.
Summary: The median home sold price in 89460 was $640,000 in November 2024, up 21.9% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | - | N/A |
| 2 Bedrooms | $250K | $1.1M | +368.0% |
| 3 Bedrooms | $525K | $534K | +1.7% |
| 4 Bedrooms | $695K | $926.9K | +33.4% |
| 5+ Bedrooms | $4.3M | $1.5M | -63.4% |
Summary: 89460 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 368%, 3 bedroom homes increased by 1.7%, 4 bedroom homes increased by 33.4%, and 5+ bedroom homes decreased by 63.4%.
Median Sold Price Compared To Nearby Zip Codes
| 89449 | $800K | $1.0M | +32.5% |
| 89460 | $525K | $640K | +21.9% |
| 89410 | $560K | $615K | +9.8% |
| 89423 | $630K | $669.5K | +6.3% |
Housing Supply in 89460, NV
How many homes are available in 89460, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 75 | 60 | -20.0% |
Summary: The 89460 real estate market had 60 homes for sale in November 2024, a 20.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 41 | 30 | -26.8% |
| 4 Bedrooms | 21 | 18 | -14.3% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The 89460 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 26.8%, 4 bedroom homes decreased by 14.3%, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 14 | -41.7% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89460, you may be able to get a good deal. 64.3% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 89460 in November 2024, down by 41.7% month-over-month. Of the 14 sold homes, 64% were sold under asking, 36% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 109 Days | 139 Days | +27.4% |
Summary: Homes in 89460 had an average of 139 days on market in Nov 2024, up by 27.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
8 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 November 2024, 14 homes were sold in 89460; 7% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 57% of homes were sold over 90 days.
Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.