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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89519 is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, 89519 was a Neutral Market.

Key Takeaway

89519 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 89519, NV

How much do homes in 89519, NV cost?

Median Sold Price

$850,000

$355/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$20,050(+2.4%)

Key Takeaway

Homes in 89519 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 89519 was $850,000 in November 2024, up 2.4% from last year, and the median price per square foot was $355.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 -$1.4M
N/A
2 $630K$720K
+14.3%
3 $768.2K$789.5K
+2.8%
4 $990K$960K
-3.0%
5+ $1.6M$1.3M
-15.8%

Summary: 89519 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 14.3%, 3 bedroom homes increased by 2.8%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 15.8%.

Median Sold Price Compared To Nearby Zip Codes

89509
+10.7%
89523
+6.7%
89503
+3.4%
89519
+2.4%
89511
0.5%

Housing Supply in 89519, NV

How many homes are available in 89519, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
6162+1.6%

Summary: The 89519 real estate market had 62 homes for sale in November 2024, a 1.6% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 55
0.0%
3 2424
0.0%
4 2424
0.0%
5+ 89
+12.5%

Summary: The 89519 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 remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 12.5%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
155-66.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 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. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 89519 in November 2024, down by 66.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
77 Days53 Days-30.5%

Summary: Homes in 89519 had an average of 53 days on market in Nov 2024, down by 30.5% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was 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 November 2024, 5 homes were sold in 89519; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% 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 22 Days Ago

Newest Listings in 89519, NV

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