$5,783 Closing Credit*
$487,000
1,776 SqFt
3 Beds
•2 Full Baths
Dale Armstrong, Listing Office: RE/MAX Gold-Carson Valley
Is Minden, 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, Minden has remained a Seller's Market.
Key Takeaway
Minden is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Minden, NV
How much do homes in Minden, NV cost?
Median Sold Price
$667,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$42,000(+6.7%)
Key Takeaway
Homes in Minden have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Minden was $667,000 in October 2024, up 6.7% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $950K | N/A |
| 2 Bedrooms | $449K | $547K | +21.8% |
| 3 Bedrooms | $597.5K | $654.7K | +9.6% |
| 4 Bedrooms | $770K | $750K | -2.6% |
| 5+ Bedrooms | $1.0M | $1.0M | +4.7% |
Summary: Minden 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 increased by 21.8%, 3 bedroom homes increased by 9.6%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 4.7%.
Median Sold Price Compared To Nearby Cities
| Gardnerville-Minden | $536.1K | $620K | +15.6% |
| Genoa-Jacks Valley | $600K | $685K | +14.2% |
| Carson City | $464.4K | $513.1K | +10.5% |
| Minden | $625K | $667K | +6.7% |
Housing Supply in Minden, NV
How many homes are available in Minden, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 81 | 80 | -1.2% |
Summary: The Minden real estate market had 80 homes for sale in October 2024, a 1.2% 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 | 6 | 6 | 0.0% |
| 3 Bedrooms | 50 | 48 | -4.0% |
| 4 Bedrooms | 17 | 17 | 0.0% |
| 5+ Bedrooms | 7 | 8 | +14.3% |
Summary: The Minden 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 remained the same, 3 bedroom homes decreased by 4%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 14.3%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 22 | 0.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Minden, you may be able to get a good deal. 59.1% of homes here sold below asking price last month.
Summary: A total of 22 homes were sold or pending in Minden in October 2024, the same as the previous month. Of the 22 sold homes, 59% were sold under asking, 36% were sold at asking, and 5% were sold over asking.
Days on Market for Minden, NV
How long does it take to sell a home in Minden, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 70 Days | 91 Days | +29.0% |
Summary: Homes in Minden had an average of 91 days on market in Oct 2024, up by 29% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
12 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Minden has remained consistent over time.
Summary: During October 2024, 22 homes were sold in Minden; 0% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 45% of homes were sold over 90 days.
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