Is 89144, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89144 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 89144 has remained a Seller's Market.

Key Takeaway

89144 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89144, NV

How much do homes in 89144, NV cost?

Median Sold Price

$523,750

$288/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$16,100(+3.2%)

Key Takeaway

Homes in 89144 have sold for 3.2% more than they did a year ago.

Summary: The median home sold price in 89144 was $523,750 in April 2024, up 3.2% from last year, and the median price per square foot was $288.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $235K-
N/A
2 $362.5K$332K
-8.4%
3 $477.5K$490K
+2.6%
4 $655K$695K
+6.1%
5+ $858.5K$1.1M
+28.1%

Summary: 89144 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 8.4%, 3 bedroom homes increased by 2.6%, 4 bedroom homes increased by 6.1%, and 5+ bedroom homes increased by 28.1%.

Median Sold Price Compared To Nearby Zip Codes

89145
+5.5%
89135
+3.3%
89144
+3.2%
89138
+1.5%
89134
+1.0%

Housing Supply in 89144, NV

How many homes are available in 89144, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
101110+8.9%

Summary: The 89144 real estate market had 110 homes for sale in April 2024, a 8.9% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2826
-7.1%
3 4143
+4.9%
4 2024
+20.0%
5+ 1217
+41.7%

Summary: The 89144 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 decreased by 7.1%, 3 bedroom homes increased by 4.9%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 41.7%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3230-6.3%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

7 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89144, you may be able to get a good deal. 53.3% of homes here sold below asking price last month.

Summary: A total of 30 homes were sold or pending in 89144 in April 2024, down by 6.3% month-over-month. Of the 30 sold homes, 53% were sold under asking, 23% were sold at asking, and 23% were sold over asking.

Days on Market for 89144, NV

How long does it take to sell a home in 89144, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
41 Days26 Days-35.2%

Summary: Homes in 89144 had an average of 26 days on market in Apr 2024, down by 35.2% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89144 are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 30 homes were sold in 89144; 77% of homes were sold within 30 days, 10% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 5 Days Ago

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