$10,000 Closing Credit*
$1,250,000
2,731 SqFt
4 Beds
•3 Full Baths
Chris Griffith, Listing Office: Intero
Is Genoa-Jacks Valley, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Genoa-Jacks Valley was a Buyer's Market.
Key Takeaway
Genoa-Jacks Valley is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Genoa-Jacks Valley, NV
How much do homes in Genoa-Jacks Valley, NV cost?
Median Sold Price
$672,200
$348/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$57,200(+9.3%)
Key Takeaway
Homes in Genoa-Jacks Valley have sold for 9.3% more than they did a year ago.
Summary: The median home sold price in Genoa-Jacks Valley was $672,200 in November 2024, up 9.3% from last year, and the median price per square foot was $348.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | $750K | -38.4% |
| 2 Bedrooms | $350K | $400K | +14.3% |
| 3 Bedrooms | $558.5K | $577.5K | +3.4% |
| 4 Bedrooms | $1.2M | $1.4M | +10.7% |
| 5+ Bedrooms | $1.4M | $1.5M | +5.9% |
Summary: Genoa-Jacks Valley housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.4%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 10.7%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Zephyr Cove | $1.0M | $1.2M | +24.6% |
| Genoa-Jacks Valley | $615K | $672.2K | +9.3% |
| Minden | $630K | $669.5K | +6.3% |
Housing Supply in Genoa-Jacks Valley, NV
How many homes are available in Genoa-Jacks Valley, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 83 | 77 | -7.2% |
Summary: The Genoa-Jacks Valley real estate market had 77 homes for sale in November 2024, a 7.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 44 | 40 | -9.1% |
| 4 Bedrooms | 20 | 19 | -5.0% |
| 5+ Bedrooms | 14 | 12 | -14.3% |
Summary: The Genoa-Jacks Valley 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 20%, 3 bedroom homes decreased by 9.1%, 4 bedroom homes decreased by 5%, and 5+ bedroom homes decreased by 14.3%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 12 | -20.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Genoa-Jacks Valley, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 12 homes were sold or pending in Genoa-Jacks Valley in November 2024, down by 20.0% month-over-month. Of the 12 sold homes, 75% were sold under asking, 25% were sold at asking, and 0% were sold over asking.
Days on Market for Genoa-Jacks Valley, NV
How long does it take to sell a home in Genoa-Jacks Valley, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 106 Days | 143 Days | +34.0% |
Summary: Homes in Genoa-Jacks Valley had an average of 143 days on market in Nov 2024, up by 34% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Genoa-Jacks Valley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During November 2024, 12 homes were sold in Genoa-Jacks Valley; 8% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 58% of homes were sold over 90 days.
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