Is Enterprise, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Enterprise is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Enterprise was a Seller's Market.

Key Takeaway

Enterprise is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Enterprise, NV

How much do homes in Enterprise, NV cost?

Median Sold Price

$490,318

$251/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$49,059(+11.1%)

Key Takeaway

Homes in Enterprise have sold for 11.1% more than they did a year ago.

Summary: The median home sold price in Enterprise was $490,318 in November 2024, up 11.1% from last year, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $222K$225K
+1.4%
2 $305K$321.3K
+5.4%
3 $415K$448.1K
+8.0%
4 $503.3K$549.9K
+9.3%
5+ $663K$716K
+8.0%

Summary: Enterprise housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.4%, 2 bedroom homes increased by 5.4%, 3 bedroom homes increased by 8%, 4 bedroom homes increased by 9.3%, and 5+ bedroom homes increased by 8%.

Median Sold Price Compared To Nearby Neighborhoods

Enterprise
+11.1%
Southern Highlands
+8.6%

Housing Supply in Enterprise, NV

How many homes are available in Enterprise, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
946968+2.3%

Summary: The Enterprise real estate market had 968 homes for sale in November 2024, a 2.3% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 2127
+28.6%
2 120120
0.0%
3 336326
-3.0%
4 291297
+2.1%
5+ 178198
+11.2%

Summary: The Enterprise housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 28.6%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 3%, 4 bedroom homes increased by 2.1%, and 5+ bedroom homes increased by 11.2%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
168156-7.1%

Asking Price vs. Sold Price

91 Homes Were Sold
Under Asking

49 Homes Were Sold
At Asking

16 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Enterprise, you may be able to get a good deal. 58.3% of homes here sold below asking price last month.

Summary: A total of 156 homes were sold or pending in Enterprise in November 2024, down by 7.1% month-over-month. Of the 156 sold homes, 58% were sold under asking, 31% were sold at asking, and 10% were sold over asking.

Days on Market for Enterprise, NV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
32 Days36 Days+13.1%

Summary: Homes in Enterprise had an average of 36 days on market in Nov 2024, up by 13.1% compared to last year.

Breakdown of Home Sale Times

79 Homes Were Sold
Under 30 Days

63 Homes Were Sold
In 30 - 90 Days

14 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 156 homes were sold in Enterprise; 51% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 9% 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 17 Days Ago

Newest Listings in Enterprise, NV

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