$9,132 Closing Credit*
$769,000
2,768 SqFt
3 Beds
•3 Full Baths, 1 Partial
Eric Bodenstein, Listing Office: RE/MAX Country
Is Smith Valley, 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, Smith Valley was a Seller's Market.
Key Takeaway
Smith Valley is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Smith Valley, NV
How much do homes in Smith Valley, NV cost?
Median Sold Price
$561,000
$310/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$84,000(-13.0%)
Key Takeaway
Homes in Smith Valley have sold for 13% less than they did a year ago.
Summary: The median home sold price in Smith Valley was $561,000 in October 2024, down 13% from last year, and the median price per square foot was $310.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $399.9K | $510K | +27.5% |
| 2 Bedrooms | $400K | $343K | -14.2% |
| 3 Bedrooms | $647.5K | $623K | -3.8% |
| 4 Bedrooms | $688K | $566K | -17.7% |
| 5+ Bedrooms | - | $950K | N/A |
Summary: Smith Valley housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 27.5%, 2 bedroom homes decreased by 14.2%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 17.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Topaz Lake | $510K | $750K | +47.1% |
| Wellington | $540K | $561K | +3.9% |
| Smith Valley | $645K | $561K | -13.0% |
| Pine Nut | $1.1M | $1.0M | -15.0% |
Housing Supply in Smith Valley, NV
How many homes are available in Smith Valley, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 22 | 25 | +13.6% |
Summary: The Smith Valley real estate market had 25 homes for sale in October 2024, a 13.6% 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 | 2 | +100.0% |
| 3 Bedrooms | 11 | 12 | +9.1% |
| 4 Bedrooms | 8 | 9 | +12.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Smith Valley 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 100%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 12.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Smith Valley, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Smith Valley in October 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Smith Valley, NV
How long does it take to sell a home in Smith Valley, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 139 Days | 67 Days | -52.0% |
Summary: Homes in Smith Valley had an average of 67 days on market in Oct 2024, down by 52% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Smith Valley has remained consistent over time.
Summary: During October 2024, 1 homes were sold in Smith Valley; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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