$4,750 Closing Credit*
$400,000
1,223 SqFt
3 Beds
•2 Full Baths, 1 Partial
Edwin Velasquez, Listing Office: Fathom Realty
Is 89502, 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, 89502 was a Seller's Market.
Key Takeaway
89502 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 89502, NV
How much do homes in 89502, NV cost?
Median Sold Price
$429,250
$302/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$34,250(+8.7%)
Key Takeaway
Homes in 89502 have sold for 8.7% more than they did a year ago.
Summary: The median home sold price in 89502 was $429,250 in November 2024, up 8.7% from last year, and the median price per square foot was $302.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $195K | $179.9K | -7.7% |
| 2 Bedrooms | $290K | $295K | +1.7% |
| 3 Bedrooms | $465K | $475K | +2.2% |
| 4 Bedrooms | $495K | $555K | +12.1% |
| 5+ Bedrooms | $1.0M | $987.5K | -1.7% |
Summary: 89502 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 7.7%, 2 bedroom homes increased by 1.7%, 3 bedroom homes increased by 2.2%, 4 bedroom homes increased by 12.1%, and 5+ bedroom homes decreased by 1.7%.
Median Sold Price Compared To Nearby Zip Codes
| 89501 | $350K | $425K | +21.4% |
| 89509 | $647.6K | $716.6K | +10.7% |
| 89502 | $395K | $429.2K | +8.7% |
| 89431 | $378K | $380K | 0.5% |
Housing Supply in 89502, NV
How many homes are available in 89502, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 109 | 108 | -0.9% |
Summary: The 89502 real estate market had 108 homes for sale in November 2024, a 0.9% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 16 | 13 | -18.8% |
| 2 Bedrooms | 32 | 38 | +18.8% |
| 3 Bedrooms | 32 | 30 | -6.3% |
| 4 Bedrooms | 26 | 23 | -11.5% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 89502 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 18.8%, 2 bedroom homes increased by 18.8%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes decreased by 11.5%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 28 | 16 | -42.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89502, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in 89502 in November 2024, down by 42.9% month-over-month. Of the 16 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for 89502, NV
How long does it take to sell a home in 89502, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 63 Days | 59 Days | -6.1% |
Summary: Homes in 89502 had an average of 59 days on market in Nov 2024, down by 6.1% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89502 has remained consistent over time.
Summary: During November 2024, 16 homes were sold in 89502; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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