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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Foothills is a buyer's market

Buyer's
Market

Difference Since December 2023

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

Key Takeaway

Foothills is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Foothills, NV

How much do homes in Foothills, NV cost?

Median Sold Price

$520,000

$248/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$35,000(+7.2%)

Key Takeaway

Homes in Foothills have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in Foothills was $520,000 in December 2024, up 7.2% from last year, and the median price per square foot was $248.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $302.5K$340K
+12.4%
3 $405K$429.9K
+6.1%
4 $555K$575K
+3.6%
5+ $647.4K$655K
+1.2%

Summary: Foothills housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.4%, 3 bedroom homes increased by 6.1%, 4 bedroom homes increased by 3.6%, and 5+ bedroom homes increased by 1.2%.

Median Sold Price Compared To Nearby Neighborhoods

Warm Springs Parc
+9.0%
Foothills
+7.2%

Housing Supply in Foothills, NV

How many homes are available in Foothills, NV?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
5048-4.0%

Summary: The Foothills real estate market had 48 homes for sale in December 2024, a 4.0% decrease compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1212
0.0%
4 2524
-4.0%
5+ 1312
-7.7%

Summary: The Foothills housing inventory by bedroom type for December 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 decreased by 4%, and 5+ bedroom homes decreased by 7.7%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
86-25.0%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

2 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Foothills, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.

Summary: A total of 6 homes were sold or pending in Foothills in December 2024, down by 25.0% month-over-month. Of the 6 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.

Days on Market for Foothills, NV

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

Average Sale Time

Dec 2023Dec 2024CHANGE
46 Days15 Days-66.9%

Summary: Homes in Foothills had an average of 15 days on market in Dec 2024, down by 66.9% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During December 2024, 6 homes were sold in Foothills; 83% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 0% 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 2 Days Ago

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