$7,659 Closing Credit*
$645,000
1,320 SqFt
3 Beds
•2 Full Baths
Lori Entner, Listing Office: Coldwell Banker Select RE CC
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 October 2023
Since last year, Genoa-Jacks Valley has remained a Seller's Market.
Key Takeaway
Genoa-Jacks Valley is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Genoa-Jacks Valley, NV
How much do homes in Genoa-Jacks Valley, NV cost?
Median Sold Price
$685,000
$358/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$85,000(+14.2%)
Key Takeaway
Homes in Genoa-Jacks Valley have sold for 14.2% more than they did a year ago.
Summary: The median home sold price in Genoa-Jacks Valley was $685,000 in October 2024, up 14.2% from last year, and the median price per square foot was $358.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | $750K | -38.4% |
| 2 Bedrooms | $350K | $400.3K | +14.4% |
| 3 Bedrooms | $575K | $577.5K | 0.4% |
| 4 Bedrooms | $1.2M | $1.4M | +12.9% |
| 5+ Bedrooms | $1.4M | $1.5M | +5.9% |
Summary: Genoa-Jacks Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 38.4%, 2 bedroom homes increased by 14.4%, 3 bedroom homes increased by 0.4%, 4 bedroom homes increased by 12.9%, and 5+ bedroom homes increased by 5.9%.
Median Sold Price Compared To Nearby Cities
| Genoa-Jacks Valley | $600K | $685K | +14.2% |
| Zephyr Cove | $1.1M | $1.2M | +11.4% |
| Minden | $625K | $667K | +6.7% |
| Glenbrook | $2.4M | $1.5M | -37.4% |
Housing Supply in Genoa-Jacks Valley, NV
How many homes are available in Genoa-Jacks Valley, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 91 | 88 | -3.3% |
Summary: The Genoa-Jacks Valley real estate market had 88 homes for sale in October 2024, a 3.3% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 7 | 5 | -28.6% |
| 3 Bedrooms | 43 | 46 | +7.0% |
| 4 Bedrooms | 25 | 22 | -12.0% |
| 5+ Bedrooms | 16 | 15 | -6.3% |
Summary: The Genoa-Jacks Valley housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 28.6%, 3 bedroom homes increased by 7%, 4 bedroom homes decreased by 12%, and 5+ bedroom homes decreased by 6.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 16 | 15 | -6.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 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. 46.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Genoa-Jacks Valley in October 2024, down by 6.3% month-over-month. Of the 15 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 106 Days | 131 Days | +23.6% |
Summary: Homes in Genoa-Jacks Valley had an average of 131 days on market in Oct 2024, up by 23.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Genoa-Jacks Valley has remained consistent over time.
Summary: During October 2024, 15 homes were sold in Genoa-Jacks Valley; 7% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
Copyright © 2024 Northern Nevada Regional MLS. All rights reserved.