$5,344 Closing Credit*
$450,000
1,630 SqFt
3 Beds
•1 Full Bath
William J. Alt, Listing Office: Urban Nest Realty
Is Lone Mountain, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Lone Mountain has remained a Seller's Market.
Key Takeaway
Lone Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Lone Mountain, NV
How much do homes in Lone Mountain, NV cost?
Median Sold Price
$461,666
$248/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$31,666(+7.4%)
Key Takeaway
Homes in Lone Mountain have sold for 7.4% more than they did a year ago.
Summary: The median home sold price in Lone Mountain was $461,666 in September 2024, up 7.4% from last year, and the median price per square foot was $248.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $314.5K | $312K | -0.8% |
| 3 Bedrooms | $385K | $399.2K | +3.7% |
| 4 Bedrooms | $517K | $590.5K | +14.2% |
| 5+ Bedrooms | $610K | $650K | +6.6% |
Summary: Lone Mountain housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes increased by 3.7%, 4 bedroom homes increased by 14.2%, and 5+ bedroom homes increased by 6.6%.
Housing Supply in Lone Mountain, NV
How many homes are available in Lone Mountain, NV?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 165 | 162 | -1.8% |
Summary: The Lone Mountain real estate market had 162 homes for sale in September 2024, a 1.8% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 13 | -7.1% |
| 3 Bedrooms | 58 | 54 | -6.9% |
| 4 Bedrooms | 56 | 54 | -3.6% |
| 5+ Bedrooms | 37 | 41 | +10.8% |
Summary: The Lone Mountain housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 7.1%, 3 bedroom homes decreased by 6.9%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 10.8%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 46 | 35 | -23.9% |
Asking Price vs. Sold Price
21 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Lone Mountain, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 35 homes were sold or pending in Lone Mountain in September 2024, down by 23.9% month-over-month. Of the 35 sold homes, 60% were sold under asking, 29% were sold at asking, and 11% were sold over asking.
Days on Market for Lone Mountain, NV
How long does it take to sell a home in Lone Mountain, NV?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 33 Days | 27 Days | -16.9% |
Summary: Homes in Lone Mountain had an average of 27 days on market in Sep 2024, down by 16.9% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Lone Mountain are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 35 homes were sold in Lone Mountain; 63% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.