$10,000 Closing Credit*
$1,125,000
4,022 SqFt
5 Beds
•4 Full Baths
Cristy Silverman, Listing Office: Keller Williams Group One Inc.
Is 89509, 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, 89509 has remained a Seller's Market.
Key Takeaway
89509 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89509, NV
How much do homes in 89509, NV cost?
Median Sold Price
$720,000
$354/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$70,516(+10.9%)
Key Takeaway
Homes in 89509 have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in 89509 was $720,000 in October 2024, up 10.9% from last year, and the median price per square foot was $354.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $214.5K | $230K | +7.2% |
| 2 Bedrooms | $435K | $515K | +18.4% |
| 3 Bedrooms | $635K | $650K | +2.4% |
| 4 Bedrooms | $860K | $889.5K | +3.4% |
| 5+ Bedrooms | $985K | $1.3M | +32.7% |
Summary: 89509 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 7.2%, 2 bedroom homes increased by 18.4%, 3 bedroom homes increased by 2.4%, 4 bedroom homes increased by 3.4%, and 5+ bedroom homes increased by 32.7%.
Median Sold Price Compared To Nearby Zip Codes
| 89501 | $343K | $382.5K | +11.5% |
| 89509 | $649.4K | $720K | +10.9% |
| 89502 | $390K | $430K | +10.3% |
| 89519 | $800K | $859.5K | +7.4% |
| 89503 | $435.6K | $445K | +2.2% |
Housing Supply in 89509, NV
How many homes are available in 89509, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 187 | 187 | 0.0% |
Summary: The 89509 real estate market had 187 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 10 | 11 | +10.0% |
| 2 Bedrooms | 39 | 45 | +15.4% |
| 3 Bedrooms | 70 | 62 | -11.4% |
| 4 Bedrooms | 51 | 50 | -2.0% |
| 5+ Bedrooms | 17 | 19 | +11.8% |
Summary: The 89509 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 15.4%, 3 bedroom homes decreased by 11.4%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes increased by 11.8%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 42 | 34 | -19.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
9 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89509, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 34 homes were sold or pending in 89509 in October 2024, down by 19.0% month-over-month. Of the 34 sold homes, 50% were sold under asking, 26% were sold at asking, and 24% were sold over asking.
Days on Market for 89509, NV
How long does it take to sell a home in 89509, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 62 Days | 75 Days | +21.1% |
Summary: Homes in 89509 had an average of 75 days on market in Oct 2024, up by 21.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89509 has remained consistent over time.
Summary: During October 2024, 34 homes were sold in 89509; 15% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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