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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mesquite is a buyer's market

Buyer's
Market

Difference Since Last Month

Last month, Mesquite was a Seller's Market.

Key Takeaway

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

Housing Prices in Mesquite, NV

How much do homes in Mesquite, NV cost?

Median Sold Price

$319,950

$261/sqft

Based on all homes sold in November 2024.

Difference Since Last Month

-$45,050(-12.3%)

Key Takeaway

Homes in Mesquite have sold for 12.3% less than they did a month ago.

Summary: The median home sold price in Mesquite was $319,950 in November 2024, down 12.3% from last month, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 --
N/A
2 $350.2K$352.4K
+0.6%
3 $359.9K$305K
-15.3%
4 $740K-
N/A
5+ --
N/A

Summary: Mesquite housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 0.6%, 3 bedroom homes decreased by 15.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Mesquite
-12.3%
Mesquite
-12.3%

Housing Supply in Mesquite, NV

How many homes are available in Mesquite, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
5655-1.8%

Summary: The Mesquite real estate market had 55 homes for sale in November 2024, a 1.8% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 22
0.0%
2 2223
+4.5%
3 2726
-3.7%
4 54
-20.0%
5+ 00
0.0%

Summary: The Mesquite housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 4.5%, 3 bedroom homes decreased by 3.7%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
135-61.5%

Asking Price vs. Sold Price

0 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mesquite, expect to pay close to the asking price. 60% of homes here sold near the asking price last month.

Summary: A total of 5 homes were sold or pending in Mesquite in November 2024, down by 61.5% month-over-month. Of the 5 sold homes, 0% were sold under asking, 60% were sold at asking, and 40% were sold over asking.

Days on Market for Mesquite, NV

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

Average Sale Time

Oct 2024Nov 2024CHANGE
39 Days55 Days+39.1%

Summary: Homes in Mesquite had an average of 55 days on market in Nov 2024, up by 39.1% compared to last month.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 5 homes were sold in Mesquite; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% 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 Mesquite, NV

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