$8,906 Closing Credit*
$750,000
1,814 SqFt
4 Beds
•2 Full Baths
Neal Fincher, Listing Office: Dickson Realty - Caughlin
Is Verdi, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Verdi has remained a Seller's Market.
Key Takeaway
Verdi is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Verdi, NV
How much do homes in Verdi, NV cost?
Median Sold Price
$780,000
$349/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$48,062(+6.6%)
Key Takeaway
Homes in Verdi have sold for 6.6% more than they did a year ago.
Summary: The median home sold price in Verdi was $780,000 in October 2024, up 6.6% from last year, and the median price per square foot was $349.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $500K | $480K | -4.0% |
| 2 Bedrooms | $579.5K | $580K | 0.1% |
| 3 Bedrooms | $745.6K | $781.1K | +4.8% |
| 4 Bedrooms | $781.5K | $868.5K | +11.1% |
| 5+ Bedrooms | $1.5M | $945K | -38.6% |
Summary: Verdi housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4%, 2 bedroom homes increased by 0.1%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes decreased by 38.6%.
Median Sold Price Compared To Nearby Cities
| Reno Southwest | $748.1K | $820K | +9.6% |
| Reno | $529.2K | $570.6K | +7.8% |
| Verdi | $731.9K | $780K | +6.6% |
| Reno North | $475K | $482.8K | +1.7% |
Housing Supply in Verdi, NV
How many homes are available in Verdi, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 98 | 98 | 0.0% |
Summary: The Verdi real estate market had 98 homes for sale in October 2024, the same as September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 23 | 24 | +4.3% |
| 3 Bedrooms | 31 | 31 | 0.0% |
| 4 Bedrooms | 33 | 33 | 0.0% |
| 5+ Bedrooms | 10 | 9 | -10.0% |
Summary: The Verdi 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 4.3%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 10%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 21 | 21 | 0.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Verdi, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Verdi in October 2024, the same as the previous month. Of the 21 sold homes, 71% were sold under asking, 19% were sold at asking, and 10% were sold over asking.
Days on Market for Verdi, NV
How long does it take to sell a home in Verdi, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 76 Days | 75 Days | -1.8% |
Summary: Homes in Verdi had an average of 75 days on market in Oct 2024, down by 1.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Verdi has remained consistent over time.
Summary: During October 2024, 21 homes were sold in Verdi; 5% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.
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