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

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Winnemucca is a seller's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Winnemucca was a Buyer's Market.

Key Takeaway

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

Housing Prices in Winnemucca, NV

How much do homes in Winnemucca, NV cost?

Median Sold Price

$339,950

$233/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$4,950(+1.5%)

Key Takeaway

Homes in Winnemucca have sold for 1.5% more than they did a year ago.

Summary: The median home sold price in Winnemucca was $339,950 in November 2024, up 1.5% from last year, and the median price per square foot was $233.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $150K$257K
+71.3%
2 $239.9K$245K
+2.1%
3 $329.9K$342.5K
+3.8%
4 $463K$471.6K
+1.9%
5+ $595K$685K
+15.1%

Summary: Winnemucca housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 71.3%, 2 bedroom homes increased by 2.1%, 3 bedroom homes increased by 3.8%, 4 bedroom homes increased by 1.9%, and 5+ bedroom homes increased by 15.1%.

Housing Supply in Winnemucca, NV

How many homes are available in Winnemucca, NV?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
8275-8.5%

Summary: The Winnemucca real estate market had 75 homes for sale in November 2024, a 8.5% decrease compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 21
-50.0%
2 1513
-13.3%
3 4342
-2.3%
4 1714
-17.6%
5+ 55
0.0%

Summary: The Winnemucca housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 13.3%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes decreased by 17.6%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
1713-23.5%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

3 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Winnemucca, you may be able to get a good deal. 61.5% of homes here sold below asking price last month.

Summary: A total of 13 homes were sold or pending in Winnemucca in November 2024, down by 23.5% month-over-month. Of the 13 sold homes, 62% were sold under asking, 23% were sold at asking, and 15% were sold over asking.

Days on Market for Winnemucca, NV

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

Average Sale Time

Nov 2023Nov 2024CHANGE
75 Days71 Days-5.4%

Summary: Homes in Winnemucca had an average of 71 days on market in Nov 2024, down by 5.4% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

11 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During November 2024, 13 homes were sold in Winnemucca; 0% of homes were sold within 30 days, 85% of homes were sold within 30 to 90 days, and 15% 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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