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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Northeast is a buyer's market

Buyer's
Market

Difference Since Last Month

Since last month, Northeast has remained a Buyer's Market.

Key Takeaway

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

Housing Prices in Northeast, NV

How much do homes in Northeast, NV cost?

Median Sold Price

$318,220

$260/sqft

Based on all homes sold in October 2024.

Difference Since Last Month

+$26,720(+9.2%)

Key Takeaway

Homes in Northeast have sold for 9.2% more than they did a month ago.

Summary: The median home sold price in Northeast was $318,220 in October 2024, up 9.2% from last month, and the median price per square foot was $260.

Median Sold Price By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 --
N/A
2 $260K-
N/A
3 $239K$318.2K
+33.1%
4 --
N/A
5+ $480K-
N/A

Summary: Northeast housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 33.1%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Northeast, NV

How many homes are available in Northeast, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
3236+12.5%

Summary: The Northeast real estate market had 36 homes for sale in October 2024, a 12.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 12
+100.0%
2 1212
0.0%
3 1516
+6.7%
4 25
+150.0%
5+ 21
-50.0%

Summary: The Northeast housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 150%, and 5+ bedroom homes decreased by 50%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
440.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Northeast, you may be able to get a good deal. 75% of homes here sold below asking price last month.

Summary: A total of 4 homes were sold or pending in Northeast in October 2024, the same as the previous month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.

Days on Market for Northeast, NV

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

Average Sale Time

Sep 2024Oct 2024CHANGE
132 Days112 Days-14.8%

Summary: Homes in Northeast had an average of 112 days on market in Oct 2024, down by 14.8% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Northeast has remained consistent over time.

Summary: During October 2024, 4 homes were sold in Northeast; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% 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 Northeast, NV

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