$5,581 Closing Credit*
$469,999
1,666 SqFt
3 Beds
•2 Full Baths
Melanie J. McDowell, Listing Office: BHHS Nevada Properties
Is River Mountain, 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, River Mountain has remained a Seller's Market.
Key Takeaway
River Mountain is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in River Mountain, NV
How much do homes in River Mountain, NV cost?
Median Sold Price
$450,000
$250/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$20,000(+4.7%)
Key Takeaway
Homes in River Mountain have sold for 4.7% more than they did a year ago.
Summary: The median home sold price in River Mountain was $450,000 in October 2024, up 4.7% from last year, and the median price per square foot was $250.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $235K | $295K | +25.5% |
| 3 Bedrooms | $421.5K | $426.7K | +1.2% |
| 4 Bedrooms | $460K | $492.5K | +7.1% |
| 5+ Bedrooms | $575K | $525K | -8.7% |
Summary: River Mountain 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 25.5%, 3 bedroom homes increased by 1.2%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 8.7%.
Housing Supply in River Mountain, NV
How many homes are available in River Mountain, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 51 | 62 | +21.6% |
Summary: The River Mountain real estate market had 62 homes for sale in October 2024, a 21.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 31 | 37 | +19.4% |
| 4 Bedrooms | 15 | 18 | +20.0% |
| 5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The River Mountain 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 increased by 19.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 16 | +100.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in River Mountain, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in River Mountain in October 2024, up by 100.0% month-over-month. Of the 16 sold homes, 63% were sold under asking, 13% were sold at asking, and 25% were sold over asking.
Days on Market for River Mountain, NV
How long does it take to sell a home in River Mountain, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 12 Days | 42 Days | +240.3% |
Summary: Homes in River Mountain had an average of 42 days on market in Oct 2024, up by 240.3% compared to last year.
Breakdown of Home Sale Times
8 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in River Mountain are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 16 homes were sold in River Mountain; 50% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 13% 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.