$4,499 Closing Credit*
$378,900
1,180 SqFt
3 Beds
•2 Full Baths
Michael L. Turner, Listing Office: Turner Realty
Is Twin Lakes, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
At the same time last year, Twin Lakes was a Seller's Market.
Key Takeaway
Twin Lakes is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Twin Lakes, NV
How much do homes in Twin Lakes, NV cost?
Median Sold Price
$365,000
$227/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$5,000(+1.4%)
Key Takeaway
Homes in Twin Lakes have sold for 1.4% more than they did a year ago.
Summary: The median home sold price in Twin Lakes was $365,000 in September 2024, up 1.4% from last year, and the median price per square foot was $227.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $179.9K | $185K | +2.8% |
| 3 Bedrooms | $320.5K | $352.5K | +10.0% |
| 4 Bedrooms | $395K | $390K | -1.3% |
| 5+ Bedrooms | $404K | $398K | -1.5% |
Summary: Twin Lakes housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 2.8%, 3 bedroom homes increased by 10%, 4 bedroom homes decreased by 1.3%, and 5+ bedroom homes decreased by 1.5%.
Housing Supply in Twin Lakes, NV
How many homes are available in Twin Lakes, NV?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 35 | 37 | +5.7% |
Summary: The Twin Lakes real estate market had 37 homes for sale in September 2024, a 5.7% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 11 | 0.0% |
| 3 Bedrooms | 12 | 12 | 0.0% |
| 4 Bedrooms | 10 | 11 | +10.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Twin Lakes housing inventory by bedroom type for September 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 increased by 10%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 6 | 4 | -33.3% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Twin Lakes, you may be able to get a good deal. 75% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Twin Lakes in September 2024, down by 33.3% month-over-month. Of the 4 sold homes, 75% were sold under asking, 0% were sold at asking, and 25% were sold over asking.
Days on Market for Twin Lakes, NV
How long does it take to sell a home in Twin Lakes, NV?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 18 Days | 47 Days | +162.7% |
Summary: Homes in Twin Lakes had an average of 47 days on market in Sep 2024, up by 162.7% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Twin Lakes are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 4 homes were sold in Twin Lakes; 75% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 25% 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.