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 seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Tule Springs has remained a Seller's Market.

Key Takeaway

Tule Springs is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Tule Springs, NV

How much do homes in Tule Springs, NV cost?

Median Sold Price

$490,208

$232/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$8,791(-1.8%)

Key Takeaway

Homes in Tule Springs have sold for 1.8% less than they did a year ago.

Summary: The median home sold price in Tule Springs was $490,208 in October 2024, down 1.8% from last year, and the median price per square foot was $232.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 $355K$362K
+2.0%
3 $415K$440K
+6.0%
4 $535.5K$538.9K
+0.6%
5+ $650K$720K
+10.8%

Summary: Tule Springs 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 2%, 3 bedroom homes increased by 6%, 4 bedroom homes increased by 0.6%, and 5+ bedroom homes increased by 10.8%.

Housing Supply in Tule Springs, NV

How many homes are available in Tule Springs, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
7980+1.3%

Summary: The Tule Springs real estate market had 80 homes for sale in October 2024, a 1.3% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 03
+100.0%
3 3432
-5.9%
4 2932
+10.3%
5+ 1613
-18.8%

Summary: The Tule Springs 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 decreased by 5.9%, 4 bedroom homes increased by 10.3%, and 5+ bedroom homes decreased by 18.8%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
2120-4.8%

Asking Price vs. Sold Price

6 Homes Were Sold
Under Asking

10 Homes Were Sold
At Asking

4 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Tule Springs, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.

Summary: A total of 20 homes were sold or pending in Tule Springs in October 2024, down by 4.8% month-over-month. Of the 20 sold homes, 30% were sold under asking, 50% 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

Oct 2023Oct 2024CHANGE
27 Days54 Days+94.6%

Summary: Homes in Tule Springs had an average of 54 days on market in Oct 2024, up by 94.6% compared to last year.

Breakdown of Home Sale Times

7 Homes Were Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

4 Homes Were 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 October 2024, 20 homes were sold in Tule Springs; 35% of homes were sold within 30 days, 45% of homes were sold within 30 to 90 days, and 20% 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 20 Days Ago

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