Is 89519, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89519 is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, 89519 has remained a Seller's Market.

Key Takeaway

89519 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89519, NV

How much do homes in 89519, NV cost?

Median Sold Price

$859,500

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$59,500(+7.4%)

Key Takeaway

Homes in 89519 have sold for 7.4% more than they did a year ago.

Summary: The median home sold price in 89519 was $859,500 in October 2024, up 7.4% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$1.4M
N/A
2 $630K$745K
+18.3%
3 $749.9K$800K
+6.7%
4 $990K$970K
-2.0%
5+ $1.5M$1.3M
-12.2%

Summary: 89519 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 18.3%, 3 bedroom homes increased by 6.7%, 4 bedroom homes decreased by 2%, and 5+ bedroom homes decreased by 12.2%.

Median Sold Price Compared To Nearby Zip Codes

89509
+10.9%
89519
+7.4%
89523
+6.2%
89503
+2.2%
89511
0.0%

Housing Supply in 89519, NV

How many homes are available in 89519, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7466-10.8%

Summary: The 89519 real estate market had 66 homes for sale in October 2024, a 10.8% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 10
-100.0%
2 66
0.0%
3 2523
-8.0%
4 3128
-9.7%
5+ 119
-18.2%

Summary: The 89519 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 8%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 18.2%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
1714-17.6%

Asking Price vs. Sold Price

7 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89519, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 14 homes were sold or pending in 89519 in October 2024, down by 17.6% month-over-month. Of the 14 sold homes, 50% were sold under asking, 36% were sold at asking, and 14% were sold over asking.

Days on Market for 89519, NV

How long does it take to sell a home in 89519, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
75 Days80 Days+7.0%

Summary: Homes in 89519 had an average of 80 days on market in Oct 2024, up by 7% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89519 has remained consistent over time.

Summary: During October 2024, 14 homes were sold in 89519; 7% of homes were sold within 30 days, 64% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 21 Days Ago

Newest Listings in 89519, NV

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