Is 89060, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89060 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 89060 has remained a Seller's Market.

Key Takeaway

89060 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89060, NV

How much do homes in 89060, NV cost?

Median Sold Price

$341,310

$199/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$8,690(-2.5%)

Key Takeaway

Homes in 89060 have sold for 2.5% less than they did a year ago.

Summary: The median home sold price in 89060 was $341,310 in April 2024, down 2.5% from last year, and the median price per square foot was $199.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $389.9K$160K
-59.0%
2 $283.5K$295K
+4.1%
3 $340K$335.2K
-1.4%
4 $354.5K$355K
0.1%
5+ $355K$330K
-7.0%

Summary: 89060 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 59%, 2 bedroom homes increased by 4.1%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes increased by 0.1%, and 5+ bedroom homes decreased by 7%.

Median Sold Price Compared To Nearby Zip Codes

89048
-1.4%
89060
-2.5%

Housing Supply in 89060, NV

How many homes are available in 89060, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5351-3.8%

Summary: The 89060 real estate market had 51 homes for sale in April 2024, a 3.8% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 34
+33.3%
3 3937
-5.1%
4 98
-11.1%
5+ 22
0.0%

Summary: The 89060 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 increased by 33.3%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 11.1%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
811+37.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

6 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89060, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.

Summary: A total of 11 homes were sold or pending in 89060 in April 2024, up by 37.5% month-over-month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% were sold over asking.

Days on Market for 89060, NV

How long does it take to sell a home in 89060, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
69 Days47 Days-31.3%

Summary: Homes in 89060 had an average of 47 days on market in Apr 2024, down by 31.3% compared to last year.

Breakdown of Home Sale Times

5 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89060 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 11 homes were sold in 89060; 45% of homes were sold within 30 days, 36% of homes were sold within 30 to 90 days, and 18% 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 6 Days Ago

Newest Listings in 89060, NV

Nearby Markets to 89060, NV