$350,000
34.14 Acres
Land
Maureen E. Berry, Listing Office: Realty ONE Group, Inc
Is Nye County, 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, Nye County was a Seller's Market.
Key Takeaway
Nye County is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Nye County, NV
How much do homes in Nye County, NV cost?
Median Sold Price
$372,666
$201/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$19,669(+5.6%)
Key Takeaway
Homes in Nye County have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in Nye County was $372,666 in October 2024, up 5.6% from last year, and the median price per square foot was $201.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $279.9K | $150K | -46.4% |
| 2 Bedrooms | $299.9K | $315K | +5.0% |
| 3 Bedrooms | $350K | $369.9K | +5.7% |
| 4 Bedrooms | $399.9K | $450K | +12.5% |
| 5+ Bedrooms | $449.9K | $484.9K | +7.8% |
Summary: Nye County housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.4%, 2 bedroom homes increased by 5%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes increased by 7.8%.
Median Sold Price Compared To Nearby Counties
| Churchill County | $345.6K | $380K | +9.9% |
| Mineral County | $168.5K | $180K | +6.8% |
| Nye County | $352.9K | $372.6K | +5.6% |
Housing Supply in Nye County, NV
How many homes are available in Nye County, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 343 | 375 | +9.3% |
Summary: The Nye County real estate market had 375 homes for sale in October 2024, a 9.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 30 | 39 | +30.0% |
| 3 Bedrooms | 205 | 220 | +7.3% |
| 4 Bedrooms | 76 | 80 | +5.3% |
| 5+ Bedrooms | 24 | 28 | +16.7% |
Summary: The Nye County 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 increased by 30%, 3 bedroom homes increased by 7.3%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes increased by 16.7%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 45 | 51 | +13.3% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Nye County, you may be able to get a good deal. 68.6% of homes here sold below asking price last month.
Summary: A total of 51 homes were sold or pending in Nye County in October 2024, up by 13.3% month-over-month. Of the 51 sold homes, 69% were sold under asking, 22% were sold at asking, and 10% were sold over asking.
Days on Market for Nye County, NV
How long does it take to sell a home in Nye County, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 56 Days | 57 Days | +1.1% |
Summary: Homes in Nye County had an average of 57 days on market in Oct 2024, up by 1.1% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
22 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Nye County has remained consistent over time.
Summary: During October 2024, 51 homes were sold in Nye County; 37% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.