Is 89107, 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, 89107 has remained a Seller's Market.
Housing Prices in 89107, NV
How much do homes in 89107, NV cost?
Median Sold Price
$330,000
$223/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89107 was $330,000 in March 2024, down 0.1% from last year, and the median price per square foot was $223.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $155K | $145K | -6.5% |
2 Bedrooms | $227K | $227.5K | 0.2% |
3 Bedrooms | $328.8K | $326.2K | -0.8% |
4 Bedrooms | $385K | $377.5K | -1.9% |
5+ Bedrooms | $452.2K | $495K | +9.5% |
Summary: 89107 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 6.5%, 2 bedroom homes increased by 0.2%, 3 bedroom homes decreased by 0.8%, 4 bedroom homes decreased by 1.9%, and 5+ bedroom homes increased by 9.5%.
Housing Supply in 89107, NV
How many homes are available in 89107, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
156 | 157 | +0.6% |
Summary: The 89107 real estate market had 157 homes for sale in March 2024, a 0.6% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 9 | 10 | +11.1% |
2 Bedrooms | 28 | 25 | -10.7% |
3 Bedrooms | 69 | 71 | +2.9% |
4 Bedrooms | 38 | 38 | 0.0% |
5+ Bedrooms | 12 | 13 | +8.3% |
Summary: The 89107 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 11.1%, 2 bedroom homes decreased by 10.7%, 3 bedroom homes increased by 2.9%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 8.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
33 | 34 | +3.0% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 89107 in March 2024, up by 3.0% month-over-month. Of the 34 sold homes, 50% were sold under asking, 21% were sold at asking, and 29% were sold over asking.
Days on Market for 89107, NV
How long does it take to sell a home in 89107, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
61 Days | 46 Days | -24.7% |
Summary: Homes in 89107 had an average of 46 days on market in Mar 2024, down by 24.7% compared to last year.
Breakdown of Home Sale Times
17 Homes Were Sold
Under 30 Days
11 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in 89107; 50% of homes were sold within 30 days, 32% of homes were sold within 30 to 90 days, and 18% of homes were sold over 90 days.