Is 89141, 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, 89141 has remained a Seller's Market.
Key Takeaway
89141 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89141, NV
How much do homes in 89141, NV cost?
Median Sold Price
$535,750
$239/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 89141 has remained the same since last year.
Summary: The median home sold price in 89141 was $535,750 in April 2024, up 0.2% from last year, and the median price per square foot was $239.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $399K | $397K | -0.5% |
| 3 Bedrooms | $460.6K | $455K | -1.2% |
| 4 Bedrooms | $565K | $570K | +0.9% |
| 5+ Bedrooms | $934.9K | $768.1K | -17.8% |
Summary: 89141 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 0.5%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes increased by 0.9%, and 5+ bedroom homes decreased by 17.8%.
Housing Supply in 89141, NV
How many homes are available in 89141, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 199 | 227 | +14.1% |
Summary: The 89141 real estate market had 227 homes for sale in April 2024, a 14.1% 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 | 4 | 6 | +50.0% |
| 3 Bedrooms | 82 | 89 | +8.5% |
| 4 Bedrooms | 69 | 78 | +13.0% |
| 5+ Bedrooms | 44 | 54 | +22.7% |
Summary: The 89141 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 50%, 3 bedroom homes increased by 8.5%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 51 | 47 | -7.8% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
11 Homes Were Sold
At Asking
16 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89141, you may be able to get a good deal. 42.6% of homes here sold below asking price last month.
Summary: A total of 47 homes were sold or pending in 89141 in April 2024, down by 7.8% month-over-month. Of the 47 sold homes, 43% were sold under asking, 23% were sold at asking, and 34% were sold over asking.
Days on Market for 89141, NV
How long does it take to sell a home in 89141, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 54 Days | 30 Days | -43.9% |
Summary: Homes in 89141 had an average of 30 days on market in Apr 2024, down by 43.9% compared to last year.
Breakdown of Home Sale Times
35 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89141 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 47 homes were sold in 89141; 74% of homes were sold within 30 days, 17% of homes were sold within 30 to 90 days, and 9% 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.