Is College Park, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing College Park is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, College Park has remained a Seller's Market.

Key Takeaway

College Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in College Park, NV

How much do homes in College Park, NV cost?

Median Sold Price

$330,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$22,350(+7.3%)

Key Takeaway

Homes in College Park have sold for 7.3% more than they did a year ago.

Summary: The median home sold price in College Park was $330,000 in October 2024, up 7.3% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $221.5K$275K
+24.2%
3 $300K$325K
+8.3%
4 $312.5K$352.4K
+12.8%
5+ $355K$376.5K
+6.1%

Summary: College Park 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 24.2%, 3 bedroom homes increased by 8.3%, 4 bedroom homes increased by 12.8%, and 5+ bedroom homes increased by 6.1%.

Median Sold Price Compared To Nearby Neighborhoods

Sunrise Manor
+8.4%
College Park
+7.3%
Central Las Vegas
+6.2%

Housing Supply in College Park, NV

How many homes are available in College Park, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
2426+8.3%

Summary: The College Park real estate market had 26 homes for sale in October 2024, a 8.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1617
+6.3%
4 67
+16.7%
5+ 11
0.0%

Summary: The College Park 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 increased by 6.3%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
58+60.0%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in College Park, expect to pay close to the asking price. 62.5% of homes here sold near the asking price last month.

Summary: A total of 8 homes were sold or pending in College Park in October 2024, up by 60.0% month-over-month. Of the 8 sold homes, 0% were sold under asking, 63% were sold at asking, and 38% were sold over asking.

Days on Market for College Park, NV

How long does it take to sell a home in College Park, NV?

Average Sale Time

Oct 2023Oct 2024CHANGE
32 Days29 Days-8.5%

Summary: Homes in College Park had an average of 29 days on market in Oct 2024, down by 8.5% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in College Park are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 8 homes were sold in College Park; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% 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 4 Days Ago

Newest Listings in College Park, NV

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