Is Whitney, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Whitney has remained a Seller's Market.
Key Takeaway
Whitney is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Whitney, NV
How much do homes in Whitney, NV cost?
Median Sold Price
$345,000
$231/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Whitney have sold for 3% more than they did a year ago.
Summary: The median home sold price in Whitney was $345,000 in May 2024, up 3% from last year, and the median price per square foot was $231.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $165K | $172K | +4.2% |
| 2 Bedrooms | $250K | $256K | +2.4% |
| 3 Bedrooms | $345K | $350K | +1.4% |
| 4 Bedrooms | $368.5K | $369.5K | 0.3% |
| 5+ Bedrooms | $435K | $413.9K | -4.8% |
Summary: Whitney housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.2%, 2 bedroom homes increased by 2.4%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 0.3%, and 5+ bedroom homes decreased by 4.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Squire Village | $310K | $325K | +4.8% |
| Whitney | $335K | $345K | +3.0% |
| Palm Gardens | $415K | $405K | -2.4% |
Housing Supply in Whitney, NV
How many homes are available in Whitney, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 168 | 187 | +11.3% |
Summary: The Whitney real estate market had 187 homes for sale in May 2024, a 11.3% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 15 | +15.4% |
| 2 Bedrooms | 31 | 29 | -6.5% |
| 3 Bedrooms | 94 | 105 | +11.7% |
| 4 Bedrooms | 24 | 33 | +37.5% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Whitney housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 15.4%, 2 bedroom homes decreased by 6.5%, 3 bedroom homes increased by 11.7%, 4 bedroom homes increased by 37.5%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 45 | 58 | +28.9% |
Asking Price vs. Sold Price
18 Homes Were Sold
Under Asking
22 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Whitney, expect to pay close to the asking price. 37.9% of homes here sold near the asking price last month.
Summary: A total of 58 homes were sold or pending in Whitney in May 2024, up by 28.9% month-over-month. Of the 58 sold homes, 31% were sold under asking, 38% were sold at asking, and 31% were sold over asking.
Days on Market for Whitney, NV
How long does it take to sell a home in Whitney, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 49 Days | 25 Days | -49.0% |
Summary: Homes in Whitney had an average of 25 days on market in May 2024, down by 49% compared to last year.
Breakdown of Home Sale Times
47 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Whitney are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 58 homes were sold in Whitney; 81% of homes were sold within 30 days, 14% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.