Is 89139, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 89139 has remained a Seller's Market.
Key Takeaway
89139 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89139, NV
How much do homes in 89139, NV cost?
Median Sold Price
$440,000
$233/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89139 have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in 89139 was $440,000 in April 2024, down 3.3% from last year, and the median price per square foot was $233.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $346K | $335K | -3.2% |
| 3 Bedrooms | $400K | $400K | 0.0% |
| 4 Bedrooms | $498.5K | $502K | +0.7% |
| 5+ Bedrooms | $656K | $696.5K | +6.2% |
Summary: 89139 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 decreased by 3.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 0.7%, and 5+ bedroom homes increased by 6.2%.
Housing Supply in 89139, NV
How many homes are available in 89139, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 152 | 161 | +5.9% |
Summary: The 89139 real estate market had 161 homes for sale in April 2024, a 5.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 10 | +100.0% |
| 3 Bedrooms | 55 | 61 | +10.9% |
| 4 Bedrooms | 55 | 48 | -12.7% |
| 5+ Bedrooms | 37 | 42 | +13.5% |
Summary: The 89139 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 100%, 3 bedroom homes increased by 10.9%, 4 bedroom homes decreased by 12.7%, and 5+ bedroom homes increased by 13.5%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 36 | 47 | +30.6% |
Asking Price vs. Sold Price
24 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89139, you may be able to get a good deal. 51.1% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 89139 in April 2024, up by 30.6% month-over-month. Of the 47 sold homes, 51% were sold under asking, 23% were sold at asking, and 26% were sold over asking.
Days on Market for 89139, NV
How long does it take to sell a home in 89139, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 39 Days | 31 Days | -20.9% |
Summary: Homes in 89139 had an average of 31 days on market in Apr 2024, down by 20.9% compared to last year.
Breakdown of Home Sale Times
32 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89139 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 47 homes were sold in 89139; 68% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 13% 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.