$2,138 Closing Credit*
$180,000
895 SqFt
1 Bed
•1 Full Bath
Mandi Drake, Listing Office: RE/MAX Country
Is Yerington, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Yerington was a Seller's Market.
Key Takeaway
Yerington is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Yerington, NV
How much do homes in Yerington, NV cost?
Median Sold Price
$290,000
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$40,000(+16.0%)
Key Takeaway
Homes in Yerington have sold for 16% more than they did a year ago.
Summary: The median home sold price in Yerington was $290,000 in October 2024, up 16% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $175K | N/A |
| 2 Bedrooms | $219.7K | $201K | -8.5% |
| 3 Bedrooms | $325K | $295K | -9.2% |
| 4 Bedrooms | $266.4K | $415.5K | +55.9% |
| 5+ Bedrooms | $475K | - | N/A |
Summary: Yerington housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes decreased by 9.2%, 4 bedroom homes increased by 55.9%, and 5+ bedroom homes did not change.
Housing Supply in Yerington, NV
How many homes are available in Yerington, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 28 | 27 | -3.6% |
Summary: The Yerington real estate market had 27 homes for sale in October 2024, a 3.6% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 1 | -50.0% |
| 3 Bedrooms | 21 | 21 | 0.0% |
| 4 Bedrooms | 5 | 5 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Yerington 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 decreased by 50%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 3 | -62.5% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Yerington, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in Yerington in October 2024, down by 62.5% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and 0% were sold over asking.
Days on Market for Yerington, NV
How long does it take to sell a home in Yerington, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 159 Days | 54 Days | -66.0% |
Summary: Homes in Yerington had an average of 54 days on market in Oct 2024, down by 66% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Yerington has remained consistent over time.
Summary: During October 2024, 3 homes were sold in Yerington; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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