$6,116 Closing Credit*
$515,000
1,580 SqFt
3 Beds
•2 Full Baths
Dawn Caldwell, Listing Office: Ink Realty
Is Gardnerville, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Gardnerville has remained a Seller's Market.
Key Takeaway
Gardnerville is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gardnerville, NV
How much do homes in Gardnerville, NV cost?
Median Sold Price
$622,935
$345/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$87,935(+16.4%)
Key Takeaway
Homes in Gardnerville have sold for 16.4% more than they did a year ago.
Summary: The median home sold price in Gardnerville was $622,935 in November 2024, up 16.4% from last year, and the median price per square foot was $345.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $575K | - | N/A |
| 2 Bedrooms | $410K | $425K | +3.7% |
| 3 Bedrooms | $527.5K | $545K | +3.3% |
| 4 Bedrooms | $739K | $896.8K | +21.4% |
| 5+ Bedrooms | $1.2M | $1.5M | +24.8% |
Summary: Gardnerville housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.7%, 3 bedroom homes increased by 3.3%, 4 bedroom homes increased by 21.4%, and 5+ bedroom homes increased by 24.8%.
Median Sold Price Compared To Nearby Cities
| Gardnerville | $535K | $622.9K | +16.4% |
| Gardnerville-Minden | $535K | $620K | +15.9% |
| Minden | $630K | $669.5K | +6.3% |
Housing Supply in Gardnerville, NV
How many homes are available in Gardnerville, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 132 | 112 | -15.2% |
Summary: The Gardnerville real estate market had 112 homes for sale in November 2024, a 15.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 9 | 0.0% |
| 3 Bedrooms | 74 | 60 | -18.9% |
| 4 Bedrooms | 31 | 28 | -9.7% |
| 5+ Bedrooms | 17 | 14 | -17.6% |
Summary: The Gardnerville housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes decreased by 18.9%, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 17.6%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 38 | 19 | -50.0% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gardnerville, you may be able to get a good deal. 63.2% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Gardnerville in November 2024, down by 50.0% month-over-month. Of the 19 sold homes, 63% were sold under asking, 37% were sold at asking, and 0% were sold over asking.
Days on Market for Gardnerville, NV
How long does it take to sell a home in Gardnerville, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 94 Days | 131 Days | +38.3% |
Summary: Homes in Gardnerville had an average of 131 days on market in Nov 2024, up by 38.3% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Gardnerville are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 19 homes were sold in Gardnerville; 5% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 53% of homes were sold over 90 days.
Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.