Is Winchester, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winchester is a buyer's market

Buyer's
Market

Difference Since October 2023

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

Key Takeaway

Winchester is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Winchester, NV

How much do homes in Winchester, NV cost?

Median Sold Price

$372,000

$249/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$29,933(+8.8%)

Key Takeaway

Homes in Winchester have sold for 8.8% more than they did a year ago.

Summary: The median home sold price in Winchester was $372,000 in October 2024, up 8.8% from last year, and the median price per square foot was $249.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $197K$210K
+6.6%
2 $315K$325K
+3.2%
3 $370K$400K
+8.1%
4 $387.5K$435K
+12.3%
5+ $441K$380K
-13.8%

Summary: Winchester housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.6%, 2 bedroom homes increased by 3.2%, 3 bedroom homes increased by 8.1%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes decreased by 13.8%.

Median Sold Price Compared To Nearby Neighborhoods

Winchester
+8.8%
Francisco Park
+6.4%

Housing Supply in Winchester, NV

How many homes are available in Winchester, NV?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
208232+11.5%

Summary: The Winchester real estate market had 232 homes for sale in October 2024, a 11.5% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 3438
+11.8%
2 108114
+5.6%
3 4149
+19.5%
4 2024
+20.0%
5+ 57
+40.0%

Summary: The Winchester housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.8%, 2 bedroom homes increased by 5.6%, 3 bedroom homes increased by 19.5%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 40%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
33330.0%

Asking Price vs. Sold Price

19 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winchester, you may be able to get a good deal. 57.6% of homes here sold below asking price last month.

Summary: A total of 33 homes were sold or pending in Winchester in October 2024, the same as the previous month. Of the 33 sold homes, 58% were sold under asking, 21% were sold at asking, and 21% were sold over asking.

Days on Market for Winchester, NV

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

Average Sale Time

Oct 2023Oct 2024CHANGE
56 Days63 Days+12.9%

Summary: Homes in Winchester had an average of 63 days on market in Oct 2024, up by 12.9% compared to last year.

Breakdown of Home Sale Times

12 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Winchester has remained consistent over time.

Summary: During October 2024, 33 homes were sold in Winchester; 36% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 21% 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 16 Days Ago

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