$195,000
9.56 Acres
Land
Patricia Riley, Listing Office: Walker River Basin Realty
Is Wellington, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Wellington was a Buyer's Market.
Key Takeaway
Wellington 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 Wellington, NV
How much do homes in Wellington, NV cost?
Median Sold Price
$382,000
$314/sqft
Based on all homes sold in November 2024.
Difference Since Last Month
-$255,000(-40.0%)
Key Takeaway
Homes in Wellington have sold for 40% less than they did a month ago.
Summary: The median home sold price in Wellington was $382,000 in November 2024, down 40% from last month, and the median price per square foot was $314.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | $382K | N/A |
| 3 Bedrooms | - | $318K | N/A |
| 4 Bedrooms | $637K | $715K | +12.2% |
| 5+ Bedrooms | - | - | N/A |
Summary: Wellington housing prices by bedroom type for November 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes increased by 12.2%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Wellington | $637K | $382K | -40.0% |
| Topaz Lake | $1.2M | $318K | -73.5% |
Housing Supply in Wellington, NV
How many homes are available in Wellington, NV?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 18 | 18 | 0.0% |
Summary: The Wellington real estate market had 18 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 7 | 8 | +14.3% |
| 4 Bedrooms | 6 | 5 | -16.7% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wellington 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 increased by 14.3%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Wellington, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Wellington in November 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for Wellington, NV
How long does it take to sell a home in Wellington, NV?
Average Sale Time
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 67 Days | 82 Days | +22.9% |
Summary: Homes in Wellington had an average of 82 days on market in Nov 2024, up by 22.9% compared to last month.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Wellington has remained consistent over time.
Summary: During November 2024, 3 homes were sold in Wellington; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
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