$7,599 Closing Credit*
$639,900
2,516 SqFt
2 Beds
•2 Full Baths, 1 Partial
Dave Gravelle, Listing Office: Gravelle Group Fine Homes & Es
Is Cadence, 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, Cadence has remained a Seller's Market.
Key Takeaway
Cadence is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cadence, NV
How much do homes in Cadence, NV cost?
Median Sold Price
$460,111
$257/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$18,756(+4.2%)
Key Takeaway
Homes in Cadence have sold for 4.2% more than they did a year ago.
Summary: The median home sold price in Cadence was $460,111 in October 2024, up 4.2% from last year, and the median price per square foot was $257.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $372.9K | $389K | +4.3% |
| 3 Bedrooms | $435K | $454.9K | +4.6% |
| 4 Bedrooms | $482.6K | $489.6K | +1.5% |
| 5+ Bedrooms | $522.9K | $547.3K | +4.7% |
Summary: Cadence 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 4.3%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 1.5%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Neighborhoods
| Valley View | $346.5K | $369K | +6.5% |
| Tuscany | $547.5K | $580K | +5.9% |
| Cadence | $441.3K | $460.1K | +4.2% |
| Weston Hills | $417K | $434K | +4.1% |
Housing Supply in Cadence, NV
How many homes are available in Cadence, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 179 | 188 | +5.0% |
Summary: The Cadence real estate market had 188 homes for sale in October 2024, a 5.0% 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 | 19 | 27 | +42.1% |
| 3 Bedrooms | 122 | 128 | +4.9% |
| 4 Bedrooms | 29 | 23 | -20.7% |
| 5+ Bedrooms | 9 | 10 | +11.1% |
Summary: The Cadence 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 increased by 42.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes decreased by 20.7%, and 5+ bedroom homes increased by 11.1%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 46 | 46 | 0.0% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
21 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cadence, expect to pay close to the asking price. 45.7% of homes here sold near the asking price last month.
Summary: A total of 46 homes were sold or pending in Cadence in October 2024, the same as the previous month. Of the 46 sold homes, 43% were sold under asking, 46% were sold at asking, and 11% were sold over asking.
Days on Market for Cadence, NV
How long does it take to sell a home in Cadence, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 35 Days | 55 Days | +57.2% |
Summary: Homes in Cadence had an average of 55 days on market in Oct 2024, up by 57.2% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Cadence has remained consistent over time.
Summary: During October 2024, 46 homes were sold in Cadence; 39% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.