$2,963 Closing Credit*
$249,500
860 SqFt
2 Beds
•1 Full Bath
Audra Clarke, Listing Office: Coldwell Banker Select RE M
Is 89701, 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, 89701 has remained a Seller's Market.
Key Takeaway
89701 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89701, NV
How much do homes in 89701, NV cost?
Median Sold Price
$475,000
$287/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$35,666(+8.1%)
Key Takeaway
Homes in 89701 have sold for 8.1% more than they did a year ago.
Summary: The median home sold price in 89701 was $475,000 in October 2024, up 8.1% from last year, and the median price per square foot was $287.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $198K | $192K | -3.0% |
| 2 Bedrooms | $317.5K | $300K | -5.5% |
| 3 Bedrooms | $439K | $455K | +3.6% |
| 4 Bedrooms | $562.5K | $549.9K | -2.2% |
| 5+ Bedrooms | $697.5K | $950K | +36.2% |
Summary: 89701 housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3%, 2 bedroom homes decreased by 5.5%, 3 bedroom homes increased by 3.6%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes increased by 36.2%.
Median Sold Price Compared To Nearby Zip Codes
| 89706 | $405K | $455.6K | +12.5% |
| 89705 | $464.5K | $522K | +12.4% |
| 89701 | $439.3K | $475K | +8.1% |
| 89703 | $665K | $598K | -10.1% |
Housing Supply in 89701, NV
How many homes are available in 89701, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 117 | 105 | -10.3% |
Summary: The 89701 real estate market had 105 homes for sale in October 2024, a 10.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 14 | 12 | -14.3% |
| 3 Bedrooms | 70 | 74 | +5.7% |
| 4 Bedrooms | 26 | 14 | -46.2% |
| 5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The 89701 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 5.7%, 4 bedroom homes decreased by 46.2%, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 35 | 23 | -34.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89701, expect to pay close to the asking price. 47.8% of homes here sold near the asking price last month.
Summary: A total of 23 homes were sold or pending in 89701 in October 2024, down by 34.3% month-over-month. Of the 23 sold homes, 43% were sold under asking, 48% were sold at asking, and 9% were sold over asking.
Days on Market for 89701, NV
How long does it take to sell a home in 89701, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 77 Days | 79 Days | +3.0% |
Summary: Homes in 89701 had an average of 79 days on market in Oct 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89701 has remained consistent over time.
Summary: During October 2024, 23 homes were sold in 89701; 4% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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