$6,044 Closing Credit*
$509,000
1,324 SqFt
4 Beds
•2 Full Baths
Scott Smith, Listing Office: Intero
Is Gardnerville, 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, 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
$625,000
$346/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$90,500(+16.9%)
Key Takeaway
Homes in Gardnerville have sold for 16.9% more than they did a year ago.
Summary: The median home sold price in Gardnerville was $625,000 in October 2024, up 16.9% from last year, and the median price per square foot was $346.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $575K | - | N/A |
| 2 Bedrooms | $407.5K | $415K | +1.8% |
| 3 Bedrooms | $530K | $558K | +5.3% |
| 4 Bedrooms | $739K | $867.5K | +17.4% |
| 5+ Bedrooms | $950K | $2.0M | +110.5% |
Summary: Gardnerville 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 1.8%, 3 bedroom homes increased by 5.3%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 110.5%.
Median Sold Price Compared To Nearby Cities
| Topaz Lake | $510K | $750K | +47.1% |
| Gardnerville | $534.5K | $625K | +16.9% |
| Gardnerville-Minden | $536.1K | $620K | +15.6% |
| Minden | $625K | $667K | +6.7% |
| Pine Nut | $1.1M | $1.0M | -15.0% |
Housing Supply in Gardnerville, NV
How many homes are available in Gardnerville, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 150 | 136 | -9.3% |
Summary: The Gardnerville real estate market had 136 homes for sale in October 2024, a 9.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 1 | +100.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 84 | 78 | -7.1% |
| 4 Bedrooms | 38 | 30 | -21.1% |
| 5+ Bedrooms | 17 | 17 | 0.0% |
Summary: The Gardnerville housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 7.1%, 4 bedroom homes decreased by 21.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 30 | 38 | +26.7% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gardnerville, you may be able to get a good deal. 57.9% of homes here sold below asking price last month.
Summary: A total of 38 homes were sold or pending in Gardnerville in October 2024, up by 26.7% month-over-month. Of the 38 sold homes, 58% were sold under asking, 29% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 109 Days | +68.1% |
Summary: Homes in Gardnerville had an average of 109 days on market in Oct 2024, up by 68.1% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
20 Homes Were Sold
In 30 - 90 Days
16 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gardnerville has remained consistent over time.
Summary: During October 2024, 38 homes were sold in Gardnerville; 5% of homes were sold within 30 days, 53% of homes were sold within 30 to 90 days, and 42% of homes were sold over 90 days.
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