$10,000 Closing Credit*
$1,075,000
2,687 SqFt
3 Beds
•2 Full Baths, 1 Partial
Tim Holden, Listing Office: RE/MAX Professionals-Reno
Is 89521, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, 89521 has remained a Seller's Market.
Key Takeaway
89521 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89521, NV
How much do homes in 89521, NV cost?
Median Sold Price
$661,500
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$11,508(+1.8%)
Key Takeaway
Homes in 89521 have sold for 1.8% more than they did a year ago.
Summary: The median home sold price in 89521 was $661,500 in November 2024, up 1.8% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $339K | $341.2K | +0.7% |
| 2 Bedrooms | $487.5K | $485K | -0.5% |
| 3 Bedrooms | $616.3K | $615K | -0.2% |
| 4 Bedrooms | $705K | $731K | +3.7% |
| 5+ Bedrooms | $840K | $810K | -3.6% |
Summary: 89521 housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.7%, 2 bedroom homes decreased by 0.5%, 3 bedroom homes decreased by 0.2%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 3.6%.
Median Sold Price Compared To Nearby Zip Codes
| 89502 | $395K | $429.2K | +8.7% |
| 89434 | $439.3K | $455K | +3.6% |
| 89704 | $697.4K | $715K | +2.5% |
| 89521 | $649.9K | $661.5K | +1.8% |
Housing Supply in 89521, NV
How many homes are available in 89521, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 238 | 220 | -7.6% |
Summary: The 89521 real estate market had 220 homes for sale in November 2024, a 7.6% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 7 | +16.7% |
| 2 Bedrooms | 45 | 50 | +11.1% |
| 3 Bedrooms | 94 | 78 | -17.0% |
| 4 Bedrooms | 71 | 65 | -8.5% |
| 5+ Bedrooms | 22 | 20 | -9.1% |
Summary: The 89521 housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 16.7%, 2 bedroom homes increased by 11.1%, 3 bedroom homes decreased by 17%, 4 bedroom homes decreased by 8.5%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 58 | 43 | -25.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89521, you may be able to get a good deal. 60.5% of homes here sold below asking price last month.
Summary: A total of 43 homes were sold or pending in 89521 in November 2024, down by 25.9% month-over-month. Of the 43 sold homes, 60% were sold under asking, 30% were sold at asking, and 9% were sold over asking.
Days on Market for 89521, NV
How long does it take to sell a home in 89521, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 80 Days | 86 Days | +8.5% |
Summary: Homes in 89521 had an average of 86 days on market in Nov 2024, up by 8.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
18 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89521 has remained consistent over time.
Summary: During November 2024, 43 homes were sold in 89521; 7% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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