$10,000 Closing Credit*
$895,000
1,660 SqFt
3 Beds
•2 Full Baths, 1 Partial
Ryan Forvilly, Listing Office: Coldwell Banker Select ZC
Is Zephyr Cove, 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, Zephyr Cove was a Seller's Market.
Key Takeaway
Zephyr Cove is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Zephyr Cove, NV
How much do homes in Zephyr Cove, NV cost?
Median Sold Price
$1,225,000
$595/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$125,000(+11.4%)
Key Takeaway
Homes in Zephyr Cove have sold for 11.4% more than they did a year ago.
Summary: The median home sold price in Zephyr Cove was $1,225,000 in October 2024, up 11.4% from last year, and the median price per square foot was $595.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $390K | $370K | -5.1% |
| 2 Bedrooms | $602.5K | $580K | -3.7% |
| 3 Bedrooms | $1.0M | $1.2M | +21.5% |
| 4 Bedrooms | $1.6M | $1.7M | +6.3% |
| 5+ Bedrooms | $2.2M | $2.1M | -1.1% |
Summary: Zephyr Cove housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 5.1%, 2 bedroom homes decreased by 3.7%, 3 bedroom homes increased by 21.5%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 1.1%.
Median Sold Price Compared To Nearby Cities
| Stateline | $780.5K | $1.1M | +42.9% |
| Genoa-Jacks Valley | $600K | $685K | +14.2% |
| Zephyr Cove | $1.1M | $1.2M | +11.4% |
| Glenbrook | $2.4M | $1.5M | -37.4% |
Housing Supply in Zephyr Cove, NV
How many homes are available in Zephyr Cove, NV?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 111 | 110 | -0.9% |
Summary: The Zephyr Cove real estate market had 110 homes for sale in October 2024, a 0.9% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 20 | 20 | 0.0% |
| 3 Bedrooms | 41 | 39 | -4.9% |
| 4 Bedrooms | 22 | 21 | -4.5% |
| 5+ Bedrooms | 20 | 23 | +15.0% |
Summary: The Zephyr Cove housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 4.9%, 4 bedroom homes decreased by 4.5%, and 5+ bedroom homes increased by 15%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 12 | 13 | +8.3% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Zephyr Cove, you may be able to get a good deal. 76.9% of homes here sold below asking price last month.
Summary: A total of 13 homes were sold or pending in Zephyr Cove in October 2024, up by 8.3% month-over-month. Of the 13 sold homes, 77% were sold under asking, 23% were sold at asking, and 0% were sold over asking.
Days on Market for Zephyr Cove, NV
How long does it take to sell a home in Zephyr Cove, NV?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 110 Days | 96 Days | -12.7% |
Summary: Homes in Zephyr Cove had an average of 96 days on market in Oct 2024, down by 12.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Zephyr Cove has remained consistent over time.
Summary: During October 2024, 13 homes were sold in Zephyr Cove; 0% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.
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