Is 89081, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, 89081 has remained a Seller's Market.
Key Takeaway
89081 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89081, NV
How much do homes in 89081, NV cost?
Median Sold Price
$401,714
$211/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in 89081 have sold for 5.5% less than they did a year ago.
Summary: The median home sold price in 89081 was $401,714 in March 2024, down 5.5% from last year, and the median price per square foot was $211.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $392.5K | $385.5K | -1.8% |
| 3 Bedrooms | $397.8K | $385K | -3.2% |
| 4 Bedrooms | $445K | $417K | -6.3% |
| 5+ Bedrooms | $487.5K | $453.2K | -7.0% |
Summary: 89081 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 1.8%, 3 bedroom homes decreased by 3.2%, 4 bedroom homes decreased by 6.3%, and 5+ bedroom homes decreased by 7%.
Housing Supply in 89081, NV
How many homes are available in 89081, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 139 | 151 | +8.6% |
Summary: The 89081 real estate market had 151 homes for sale in March 2024, a 8.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 14 | 11 | -21.4% |
| 3 Bedrooms | 65 | 68 | +4.6% |
| 4 Bedrooms | 44 | 56 | +27.3% |
| 5+ Bedrooms | 16 | 16 | 0.0% |
Summary: The 89081 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 21.4%, 3 bedroom homes increased by 4.6%, 4 bedroom homes increased by 27.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 37 | 40 | +8.1% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89081, expect to pay close to the asking price. 47.5% of homes here sold near the asking price last month.
Summary: A total of 40 homes were sold or pending in 89081 in March 2024, up by 8.1% month-over-month. Of the 40 sold homes, 35% were sold under asking, 48% were sold at asking, and 18% were sold over asking.
Days on Market for 89081, NV
How long does it take to sell a home in 89081, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 50 Days | 48 Days | -3.4% |
Summary: Homes in 89081 had an average of 48 days on market in Mar 2024, down by 3.4% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
10 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89081 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 40 homes were sold in 89081; 48% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 25% 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.