Is Gibson Springs, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Gibson Springs is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Gibson Springs was a Seller's Market.

Key Takeaway

Gibson Springs is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Gibson Springs, NV

How much do homes in Gibson Springs, NV cost?

Median Sold Price

$422,000

$257/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$7,000(+1.7%)

Key Takeaway

Homes in Gibson Springs have sold for 1.7% more than they did a year ago.

Summary: The median home sold price in Gibson Springs was $422,000 in November 2024, up 1.7% from last year, and the median price per square foot was $257.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $219K$210K
-4.1%
2 $255K$266.5K
+4.5%
3 $425K$427.5K
+0.6%
4 $485K$500K
+3.1%
5+ $570K$645K
+13.2%

Summary: Gibson Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.1%, 2 bedroom homes increased by 4.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 13.2%.

Median Sold Price Compared To Nearby Neighborhoods

Gibson Springs
+1.7%
Ventana Canyon
-0.4%

Housing Supply in Gibson Springs, NV

How many homes are available in Gibson Springs, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5749-14.0%

Summary: The Gibson Springs real estate market had 49 homes for sale in November 2024, a 14.0% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 10
-100.0%
2 1314
+7.7%
3 2116
-23.8%
4 1411
-21.4%
5+ 88
0.0%

Summary: The Gibson Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 7.7%, 3 bedroom homes decreased by 23.8%, 4 bedroom homes decreased by 21.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
173-82.4%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Gibson Springs, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Gibson Springs in November 2024, down by 82.4% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Gibson Springs, NV

How long does it take to sell a home in Gibson Springs, NV?

Average Sale Time

Nov 2023Nov 2024CHANGE
20 Days19 Days-5.0%

Summary: Homes in Gibson Springs had an average of 19 days on market in Nov 2024, down by 5% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Gibson Springs are selling fast, if you're buying plan to act quickly.

Summary: During November 2024, 3 homes were sold in Gibson Springs; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 17 Days Ago

Newest Listings in Gibson Springs, NV

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