$8,787 Closing Credit*
$739,950
2,859 SqFt
4 Beds
•3 Full Baths
Michael Wood, Listing Office: RE/MAX Professionals-Reno
Is Gardnerville-Minden, 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-Minden has remained a Seller's Market.
Key Takeaway
Gardnerville-Minden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Gardnerville-Minden, NV
How much do homes in Gardnerville-Minden, NV cost?
Median Sold Price
$620,000
$340/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$83,843(+15.6%)
Key Takeaway
Homes in Gardnerville-Minden have sold for 15.6% more than they did a year ago.
Summary: The median home sold price in Gardnerville-Minden was $620,000 in October 2024, up 15.6% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $950K | N/A |
| 2 Bedrooms | $405K | $444K | +9.6% |
| 3 Bedrooms | $532.9K | $580K | +8.8% |
| 4 Bedrooms | $687.5K | $765K | +11.3% |
| 5+ Bedrooms | $810K | $1.0M | +29.6% |
Summary: Gardnerville-Minden 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 9.6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 11.3%, and 5+ bedroom homes increased by 29.6%.
Median Sold Price Compared To Nearby Cities
| Gardnerville | $534.5K | $625K | +16.9% |
| Gardnerville-Minden | $536.1K | $620K | +15.6% |
| Genoa-Jacks Valley | $600K | $685K | +14.2% |
| Minden | $625K | $667K | +6.7% |
| Pine Nut | $1.1M | $1.0M | -15.0% |
Housing Supply in Gardnerville-Minden, NV
How many homes are available in Gardnerville-Minden, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 189 | 175 | -7.4% |
Summary: The Gardnerville-Minden real estate market had 175 homes for sale in October 2024, a 7.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 2 | +100.0% |
| 2 Bedrooms | 12 | 12 | 0.0% |
| 3 Bedrooms | 119 | 110 | -7.6% |
| 4 Bedrooms | 42 | 35 | -16.7% |
| 5+ Bedrooms | 15 | 16 | +6.7% |
Summary: The Gardnerville-Minden 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 remained the same, 3 bedroom homes decreased by 7.6%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes increased by 6.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 52 | +15.6% |
Asking Price vs. Sold Price
30 Homes Were Sold
Under Asking
17 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Gardnerville-Minden, you may be able to get a good deal. 57.7% of homes here sold below asking price last month.
Summary: A total of 52 homes were sold or pending in Gardnerville-Minden in October 2024, up by 15.6% month-over-month. Of the 52 sold homes, 58% were sold under asking, 33% were sold at asking, and 10% were sold over asking.
Days on Market for Gardnerville-Minden, NV
How long does it take to sell a home in Gardnerville-Minden, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 64 Days | 93 Days | +43.9% |
Summary: Homes in Gardnerville-Minden had an average of 93 days on market in Oct 2024, up by 43.9% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
29 Homes Were Sold
In 30 - 90 Days
21 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gardnerville-Minden has remained consistent over time.
Summary: During October 2024, 52 homes were sold in Gardnerville-Minden; 4% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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