$10,000 Closing Credit*
$1,100,000
1,584 SqFt
3 Beds
•3 Full Baths
Dena Van Blaricom, Listing Office: Sierra Sotheby's Intl. Realty
Is Incline Village, 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, Incline Village has remained a Seller's Market.
Key Takeaway
Incline Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Incline Village, NV
How much do homes in Incline Village, NV cost?
Median Sold Price
$1,545,000
$753/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$350,000(+29.3%)
Key Takeaway
Homes in Incline Village have sold for 29.3% more than they did a year ago.
Summary: The median home sold price in Incline Village was $1,545,000 in October 2024, up 29.3% from last year, and the median price per square foot was $753.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $612.5K | $760K | +24.1% |
| 2 Bedrooms | $825K | $1.0M | +27.0% |
| 3 Bedrooms | $1.0M | $1.0M | +5.0% |
| 4 Bedrooms | $2.0M | $2.2M | +10.8% |
| 5+ Bedrooms | $3.8M | $3.7M | -3.5% |
Summary: Incline Village housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 24.1%, 2 bedroom homes increased by 27%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 3.5%.
Median Sold Price Compared To Nearby Cities
| Incline Village | $1.1M | $1.5M | +29.3% |
| Reno Southwest | $748.1K | $820K | +9.6% |
| Washoe Valley | $982.5K | $1.0M | +9.4% |
| Glenbrook | $2.4M | $1.5M | -37.4% |
Housing Supply in Incline Village, NV
How many homes are available in Incline Village, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 106 | 101 | -4.7% |
Summary: The Incline Village real estate market had 101 homes for sale in October 2024, a 4.7% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 6 | 5 | -16.7% |
| 2 Bedrooms | 25 | 22 | -12.0% |
| 3 Bedrooms | 43 | 41 | -4.7% |
| 4 Bedrooms | 13 | 13 | 0.0% |
| 5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The Incline Village housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 12%, 3 bedroom homes decreased by 4.7%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 19 | +90.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Incline Village, you may be able to get a good deal. 78.9% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Incline Village in October 2024, up by 90.0% month-over-month. Of the 19 sold homes, 79% were sold under asking, 16% were sold at asking, and 5% were sold over asking.
Days on Market for Incline Village, NV
How long does it take to sell a home in Incline Village, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 118 Days | +69.0% |
Summary: Homes in Incline Village had an average of 118 days on market in Oct 2024, up by 69% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
15 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Incline Village are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During October 2024, 19 homes were sold in Incline Village; 0% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 79% of homes were sold over 90 days.
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