$6,116 Closing Credit*
$515,000
1,580 SqFt
3 Beds
•2 Full Baths
Dawn Caldwell, Listing Office: Ink Realty
Is Gardnerville-Minden, 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-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 November 2023
+$85,000(+15.9%)
Key Takeaway
Homes in Gardnerville-Minden have sold for 15.9% more than they did a year ago.
Summary: The median home sold price in Gardnerville-Minden was $620,000 in November 2024, up 15.9% from last year, and the median price per square foot was $340.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $824.5K | N/A |
| 2 Bedrooms | $410K | $449.5K | +9.6% |
| 3 Bedrooms | $530K | $579.6K | +9.4% |
| 4 Bedrooms | $695K | $767.5K | +10.4% |
| 5+ Bedrooms | $833.7K | $930K | +11.5% |
Summary: Gardnerville-Minden 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 9.6%, 3 bedroom homes increased by 9.4%, 4 bedroom homes increased by 10.4%, and 5+ bedroom homes increased by 11.5%.
Median Sold Price Compared To Nearby Cities
| Gardnerville | $535K | $622.9K | +16.4% |
| Gardnerville-Minden | $535K | $620K | +15.9% |
| Genoa-Jacks Valley | $615K | $672.2K | +9.3% |
| Minden | $630K | $669.5K | +6.3% |
Housing Supply in Gardnerville-Minden, NV
How many homes are available in Gardnerville-Minden, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 170 | 149 | -12.4% |
Summary: The Gardnerville-Minden real estate market had 149 homes for sale in November 2024, a 12.4% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 11 | 12 | +9.1% |
| 3 Bedrooms | 106 | 90 | -15.1% |
| 4 Bedrooms | 36 | 33 | -8.3% |
| 5+ Bedrooms | 15 | 12 | -20.0% |
Summary: The Gardnerville-Minden 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 increased by 9.1%, 3 bedroom homes decreased by 15.1%, 4 bedroom homes decreased by 8.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 52 | 25 | -51.9% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
0 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. 60% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Gardnerville-Minden in November 2024, down by 51.9% month-over-month. Of the 25 sold homes, 60% were sold under asking, 40% were sold at asking, and 0% 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
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 85 Days | 89 Days | +5.0% |
Summary: Homes in Gardnerville-Minden had an average of 89 days on market in Nov 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Gardnerville-Minden has remained consistent over time.
Summary: During November 2024, 25 homes were sold in Gardnerville-Minden; 8% of homes were sold within 30 days, 52% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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