Is 89021, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89021 is a buyer's market

Buyer's
Market

Difference Since April 2023

At the same time last year, 89021 was a Seller's Market.

Key Takeaway

89021 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 89021, NV

How much do homes in 89021, NV cost?

Median Sold Price

$525,000

$203/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$85,000(+19.3%)

Key Takeaway

Homes in 89021 have sold for 19.3% more than they did a year ago.

Summary: The median home sold price in 89021 was $525,000 in April 2024, up 19.3% from last year, and the median price per square foot was $203.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $138.1K-
N/A
2 -$375K
N/A
3 $425K$446.5K
+5.1%
4 $485K$690K
+42.3%
5+ $720K$681K
-5.4%

Summary: 89021 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 42.3%, and 5+ bedroom homes decreased by 5.4%.

Median Sold Price Compared To Nearby Zip Codes

89021
+19.3%
89040
-16.2%

Housing Supply in 89021, NV

How many homes are available in 89021, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
18180.0%

Summary: The 89021 real estate market had 18 homes for sale in April 2024, the same as March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 67
+16.7%
4 66
0.0%
5+ 54
-20.0%

Summary: The 89021 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 16.7%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 20%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89021, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in 89021 in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.

Days on Market for 89021, NV

How long does it take to sell a home in 89021, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
121 Days8 Days-93.0%

Summary: Homes in 89021 had an average of 8 days on market in Apr 2024, down by 93% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89021 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 2 homes were sold in 89021; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% 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 1 Day Ago

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