Is 89128, 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, 89128 has remained a Seller's Market.
Housing Prices in 89128, NV
How much do homes in 89128, NV cost?
Median Sold Price
$354,125
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89128 was $354,125 in March 2024, down 3% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $190K | $185K | -2.6% |
2 Bedrooms | $250K | $240K | -4.0% |
3 Bedrooms | $390K | $396K | +1.5% |
4 Bedrooms | $535K | $507.5K | -5.1% |
5+ Bedrooms | $675K | $640K | -5.2% |
Summary: 89128 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.6%, 2 bedroom homes decreased by 4%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.1%, and 5+ bedroom homes decreased by 5.2%.
Housing Supply in 89128, NV
How many homes are available in 89128, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
165 | 173 | +4.8% |
Summary: The 89128 real estate market had 173 homes for sale in March 2024, a 4.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 64 | 70 | +9.4% |
3 Bedrooms | 48 | 46 | -4.2% |
4 Bedrooms | 35 | 36 | +2.9% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 89128 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 9.4%, 3 bedroom homes decreased by 4.2%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
53 | 46 | -13.2% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Summary: A total of 46 homes were sold or pending in 89128 in March 2024, down by 13.2% month-over-month. Of the 46 sold homes, 54% were sold under asking, 22% were sold at asking, and 24% were sold over asking.
Days on Market for 89128, NV
How long does it take to sell a home in 89128, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
52 Days | 32 Days | -38.6% |
Summary: Homes in 89128 had an average of 32 days on market in Mar 2024, down by 38.6% compared to last year.
Breakdown of Home Sale Times
24 Homes Were Sold
Under 30 Days
19 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 46 homes were sold in 89128; 52% of homes were sold within 30 days, 41% of homes were sold within 30 to 90 days, and 7% of homes were sold over 90 days.