$10,000 Closing Credit*
$2,189,900
3,581 SqFt
3 Beds
•4 Full Baths, 1 Partial
John Wolf, Listing Office: Realty One Group Eminence
Is 89704, 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, 89704 has remained a Seller's Market.
Key Takeaway
89704 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89704, NV
How much do homes in 89704, NV cost?
Median Sold Price
$713,500
$377/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$39,500(+5.9%)
Key Takeaway
Homes in 89704 have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in 89704 was $713,500 in October 2024, up 5.9% from last year, and the median price per square foot was $377.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $534.5K | $549.5K | +2.8% |
| 3 Bedrooms | $606K | $708K | +16.8% |
| 4 Bedrooms | $975K | $715K | -26.7% |
| 5+ Bedrooms | $1.6M | $1.8M | +12.9% |
Summary: 89704 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 2.8%, 3 bedroom homes increased by 16.8%, 4 bedroom homes decreased by 26.7%, and 5+ bedroom homes increased by 12.9%.
Median Sold Price Compared To Nearby Zip Codes
| 89451 | $1.1M | $1.5M | +32.1% |
| 89706 | $405K | $455.6K | +12.5% |
| 89704 | $674K | $713.5K | +5.9% |
| 89703 | $665K | $598K | -10.1% |
Housing Supply in 89704, NV
How many homes are available in 89704, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Summary: The 89704 real estate market had 25 homes for sale in October 2024, a 4.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 9 | 9 | 0.0% |
| 4 Bedrooms | 11 | 12 | +9.1% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 89704 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 2 | 5 | +150.0% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89704, 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 89704 in October 2024, up by 150.0% 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 89704, NV
How long does it take to sell a home in 89704, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 52 Days | 144 Days | +173.9% |
Summary: Homes in 89704 had an average of 144 days on market in Oct 2024, up by 173.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in 89704 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 5 homes were sold in 89704; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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