$3,675,000
4,848 SqFt
6 Beds
•4 Full Baths, 1 Partial
Mike Dunn, Listing Office: Chase International - ZC
Is Stateline, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
Since last year, Stateline has remained a Buyer's Market.
Key Takeaway
Stateline is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Stateline, NV
How much do homes in Stateline, NV cost?
Median Sold Price
$990,000
$616/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$90,000(+10.0%)
Key Takeaway
Homes in Stateline have sold for 10% more than they did a year ago.
Summary: The median home sold price in Stateline was $990,000 in December 2024, up 10% from last year, and the median price per square foot was $616.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $385K | $382.5K | -0.6% |
| 2 Bedrooms | $587.5K | $540K | -8.1% |
| 3 Bedrooms | $947.5K | $1.1M | +25.6% |
| 4 Bedrooms | $1.5M | $1.3M | -11.4% |
| 5+ Bedrooms | $2.1M | $1.7M | -18.7% |
Summary: Stateline housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.6%, 2 bedroom homes decreased by 8.1%, 3 bedroom homes increased by 25.6%, 4 bedroom homes decreased by 11.4%, and 5+ bedroom homes decreased by 18.7%.
Median Sold Price Compared To Nearby Cities
| Zephyr Cove | $1.0M | $1.2M | +19.1% |
| Gardnerville | $538.7K | $620K | +15.1% |
| Stateline | $900K | $990K | +10.0% |
Housing Supply in Stateline, NV
How many homes are available in Stateline, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 45 | 42 | -6.7% |
Summary: The Stateline real estate market had 42 homes for sale in December 2024, a 6.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 5 | 5 | 0.0% |
| 2 Bedrooms | 13 | 9 | -30.8% |
| 3 Bedrooms | 18 | 18 | 0.0% |
| 4 Bedrooms | 7 | 7 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Stateline housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 30.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 8 | 5 | -37.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Stateline, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Stateline in December 2024, down by 37.5% month-over-month. Of the 5 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Stateline, NV
How long does it take to sell a home in Stateline, NV?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 118 Days | 114 Days | -3.1% |
Summary: Homes in Stateline had an average of 114 days on market in Dec 2024, down by 3.1% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Stateline are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 5 homes were sold in Stateline; 20% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 60% of homes were sold over 90 days.
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