$5,641 Closing Credit*
$475,000
1,744 SqFt
3 Beds
•1 Full Bath, 1 Partial
Steve F. Zaic, Listing Office: Nationwide Realty LLC
Is Lone Mountain, 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, 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
$475,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$46,500(+10.9%)
Key Takeaway
Homes in Lone Mountain have sold for 10.9% more than they did a year ago.
Summary: The median home sold price in Lone Mountain was $475,000 in October 2024, up 10.9% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $313K | $310.2K | -0.9% |
| 3 Bedrooms | $385K | $400K | +3.9% |
| 4 Bedrooms | $521.5K | $583K | +11.8% |
| 5+ Bedrooms | $625K | $650K | +4.0% |
Summary: Lone Mountain housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 3.9%, 4 bedroom homes increased by 11.8%, and 5+ bedroom homes increased by 4%.
Housing Supply in Lone Mountain, NV
How many homes are available in Lone Mountain, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 149 | 159 | +6.7% |
Summary: The Lone Mountain real estate market had 159 homes for sale in October 2024, a 6.7% increase 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 | 13 | 15 | +15.4% |
| 3 Bedrooms | 48 | 53 | +10.4% |
| 4 Bedrooms | 46 | 54 | +17.4% |
| 5+ Bedrooms | 42 | 37 | -11.9% |
Summary: The Lone Mountain 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 15.4%, 3 bedroom homes increased by 10.4%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes decreased by 11.9%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 36 | 32 | -11.1% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Lone Mountain, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 32 homes were sold or pending in Lone Mountain in October 2024, down by 11.1% month-over-month. Of the 32 sold homes, 75% were sold under asking, 22% were sold at asking, and 3% 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
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 36 Days | 43 Days | +21.2% |
Summary: Homes in Lone Mountain had an average of 43 days on market in Oct 2024, up by 21.2% compared to last year.
Breakdown of Home Sale Times
15 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Lone Mountain are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 32 homes were sold in Lone Mountain; 47% of homes were sold within 30 days, 47% of homes were sold within 30 to 90 days, and 6% 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.