$6,828 Closing Credit*
$574,999
2,026 SqFt
4 Beds
•2 Full Baths, 1 Partial
Zareth Arnold, Listing Office: Toro Realty
Is North Cheyenne, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, North Cheyenne has remained a Seller's Market.
Key Takeaway
North Cheyenne is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in North Cheyenne, NV
How much do homes in North Cheyenne, NV cost?
Median Sold Price
$424,650
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$24,650(+6.2%)
Key Takeaway
Homes in North Cheyenne have sold for 6.2% more than they did a year ago.
Summary: The median home sold price in North Cheyenne was $424,650 in November 2024, up 6.2% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $272.7K | $306K | +12.2% |
| 3 Bedrooms | $390K | $415.8K | +6.6% |
| 4 Bedrooms | $458.4K | $499.9K | +9.1% |
| 5+ Bedrooms | $560K | $593.4K | +6.0% |
Summary: North Cheyenne housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 12.2%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 9.1%, and 5+ bedroom homes increased by 6%.
Housing Supply in North Cheyenne, NV
How many homes are available in North Cheyenne, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 245 | 232 | -5.3% |
Summary: The North Cheyenne real estate market had 232 homes for sale in November 2024, a 5.3% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 41 | 41 | 0.0% |
| 3 Bedrooms | 143 | 122 | -14.7% |
| 4 Bedrooms | 47 | 55 | +17.0% |
| 5+ Bedrooms | 14 | 14 | 0.0% |
Summary: The North Cheyenne 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 remained the same, 3 bedroom homes decreased by 14.7%, 4 bedroom homes increased by 17%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 62 | 44 | -29.0% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
20 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in North Cheyenne, expect to pay close to the asking price. 45.5% of homes here sold near the asking price last month.
Summary: A total of 44 homes were sold or pending in North Cheyenne in November 2024, down by 29.0% month-over-month. Of the 44 sold homes, 41% were sold under asking, 45% were sold at asking, and 14% were sold over asking.
Days on Market for North Cheyenne, NV
How long does it take to sell a home in North Cheyenne, NV?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 36 Days | 31 Days | -11.9% |
Summary: Homes in North Cheyenne had an average of 31 days on market in Nov 2024, down by 11.9% compared to last year.
Breakdown of Home Sale Times
28 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in North Cheyenne are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 44 homes were sold in North Cheyenne; 64% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 11% 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.