Is Inspirada, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Inspirada is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Inspirada has remained a Seller's Market.

Key Takeaway

Inspirada is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Inspirada, NV

How much do homes in Inspirada, NV cost?

Median Sold Price

$521,666

$259/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$9,666(-1.8%)

Key Takeaway

Homes in Inspirada have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Inspirada was $521,666 in October 2024, down 1.8% from last year, and the median price per square foot was $259.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $310K$300K
-3.2%
2 $415K$391K
-5.8%
3 $459.9K$485.2K
+5.5%
4 $610K$614K
+0.7%
5+ $659.7K$735.5K
+11.5%

Summary: Inspirada housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 5.8%, 3 bedroom homes increased by 5.5%, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 11.5%.

Median Sold Price Compared To Nearby Neighborhoods

Alterra
+51.7%
Inspirada
-1.8%
Greencourts at Inspirada
-8.6%

Housing Supply in Inspirada, NV

How many homes are available in Inspirada, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
104120+15.4%

Summary: The Inspirada real estate market had 120 homes for sale in October 2024, a 15.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 4658
+26.1%
4 4144
+7.3%
5+ 1414
0.0%

Summary: The Inspirada 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 increased by 33.3%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 7.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2125+19.0%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Inspirada, you may be able to get a good deal. 56% of homes here sold below asking price last month.

Summary: A total of 25 homes were sold or pending in Inspirada in October 2024, up by 19.0% month-over-month. Of the 25 sold homes, 56% were sold under asking, 28% were sold at asking, and 16% were sold over asking.

Days on Market for Inspirada, NV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
35 Days26 Days-25.4%

Summary: Homes in Inspirada had an average of 26 days on market in Oct 2024, down by 25.4% compared to last year.

Breakdown of Home Sale Times

16 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During October 2024, 25 homes were sold in Inspirada; 64% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 4% 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 16 Days Ago

Newest Listings in Inspirada, NV

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