Is 89142, 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, 89142 has remained a Seller's Market.
Housing Prices in 89142, NV
How much do homes in 89142, NV cost?
Median Sold Price
$340,000
$229/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89142 was $340,000 in March 2024, up 0.3% from last year, and the median price per square foot was $229.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $170K | $125K | -26.5% |
2 Bedrooms | $245K | $221.4K | -9.6% |
3 Bedrooms | $340K | $340K | 0.0% |
4 Bedrooms | $400K | $405K | +1.3% |
5+ Bedrooms | $425K | $460K | +8.2% |
Summary: 89142 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 26.5%, 2 bedroom homes decreased by 9.6%, 3 bedroom homes did not change, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes increased by 8.2%.
Housing Supply in 89142, NV
How many homes are available in 89142, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
81 | 102 | +25.9% |
Summary: The 89142 real estate market had 102 homes for sale in March 2024, a 25.9% 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 | 24 | 29 | +20.8% |
3 Bedrooms | 32 | 47 | +46.9% |
4 Bedrooms | 23 | 22 | -4.3% |
5+ Bedrooms | 2 | 4 | +100.0% |
Summary: The 89142 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 increased by 20.8%, 3 bedroom homes increased by 46.9%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
14 | 26 | +85.7% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Summary: A total of 26 homes were sold or pending in 89142 in March 2024, up by 85.7% month-over-month. Of the 26 sold homes, 42% were sold under asking, 31% were sold at asking, and 27% were sold over asking.
Days on Market for 89142, NV
How long does it take to sell a home in 89142, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
48 Days | 44 Days | -8.6% |
Summary: Homes in 89142 had an average of 44 days on market in Mar 2024, down by 8.6% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 26 homes were sold in 89142; 62% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 12% of homes were sold over 90 days.