Is Tule Springs, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Tule Springs is a neutral's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Tule Springs was a Seller's Market.

Key Takeaway

Tule Springs is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Tule Springs, NV

How much do homes in Tule Springs, NV cost?

Median Sold Price

$492,083

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$2,083(+0.4%)

Key Takeaway

The sold price of homes in Tule Springs has remained the same since last year.

Summary: The median home sold price in Tule Springs was $492,083 in November 2024, up 0.4% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 --
N/A
2 $355K$362K
+2.0%
3 $415K$443K
+6.7%
4 $513.7K$540K
+5.1%
5+ $690K$715K
+3.6%

Summary: Tule Springs housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2%, 3 bedroom homes increased by 6.7%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes increased by 3.6%.

Housing Supply in Tule Springs, NV

How many homes are available in Tule Springs, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
7670-7.9%

Summary: The Tule Springs real estate market had 70 homes for sale in November 2024, a 7.9% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 33
0.0%
3 2727
0.0%
4 3128
-9.7%
5+ 1512
-20.0%

Summary: The Tule Springs housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 9.7%, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
2110-52.4%

Asking Price vs. Sold Price

5 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tule Springs, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 10 homes were sold or pending in Tule Springs in November 2024, down by 52.4% month-over-month. Of the 10 sold homes, 50% were sold under asking, 30% were sold at asking, and 20% were sold over asking.

Days on Market for Tule Springs, NV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
44 Days37 Days-15.4%

Summary: Homes in Tule Springs had an average of 37 days on market in Nov 2024, down by 15.4% compared to last year.

Breakdown of Home Sale Times

4 Homes Were Sold
Under 30 Days

5 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Tule Springs has remained consistent over time.

Summary: During November 2024, 10 homes were sold in Tule Springs; 40% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 10% 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 21 Days Ago

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