$4,572 Closing Credit*
$385,000
1,513 SqFt
2 Beds
•2 Baths
John Larson, Listing Office: RE/MAX Ridge Realty
Is Mesquite, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Mesquite was a Neutral Market.
Key Takeaway
Mesquite is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mesquite, NV
How much do homes in Mesquite, NV cost?
Median Sold Price
$355,000
$222/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since October 2023.
Key Takeaway
The sold price of homes in Mesquite has remained the same since last year.
Summary: The median home sold price in Mesquite was $355,000 in October 2024, the same as last year, and the median price per square foot was $222.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $119K | $120K | +0.8% |
| 2 Bedrooms | $345K | $323K | -6.4% |
| 3 Bedrooms | $353.4K | $367.7K | +4.0% |
| 4 Bedrooms | $379.9K | $359.9K | -5.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mesquite housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.8%, 2 bedroom homes decreased by 6.4%, 3 bedroom homes increased by 4%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mesquite | $355K | $355K | 0.0% |
| Mesquite | $355K | $355K | 0.0% |
Housing Supply in Mesquite, NV
How many homes are available in Mesquite, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 58 | 56 | -3.4% |
Summary: The Mesquite real estate market had 56 homes for sale in October 2024, a 3.4% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 25 | 24 | -4.0% |
| 3 Bedrooms | 29 | 26 | -10.3% |
| 4 Bedrooms | 3 | 5 | +66.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mesquite 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 decreased by 4%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 66.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 9 | 13 | +44.4% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mesquite, you may be able to get a good deal. 69.2% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Mesquite in October 2024, up by 44.4% month-over-month. Of the 13 sold homes, 69% were sold under asking, 15% were sold at asking, and 15% 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 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 93 Days | 39 Days | -57.5% |
Summary: Homes in Mesquite had an average of 39 days on market in Oct 2024, down by 57.5% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Mesquite are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 13 homes were sold in Mesquite; 46% of homes were sold within 30 days, 46% of homes were sold within 30 to 90 days, and 8% 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.