Is 89146, 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, 89146 has remained a Seller's Market.
Key Takeaway
89146 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89146, NV
How much do homes in 89146, NV cost?
Median Sold Price
$400,000
$230/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since March 2023.
Key Takeaway
The sold price of homes in 89146 has remained the same since last year.
Summary: The median home sold price in 89146 was $400,000 in March 2024, the same as last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $225.5K | $234K | +3.8% |
| 3 Bedrooms | $430.4K | $390K | -9.4% |
| 4 Bedrooms | $567.5K | $575K | +1.3% |
| 5+ Bedrooms | $800K | $730K | -8.8% |
Summary: 89146 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.8%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes increased by 1.3%, and 5+ bedroom homes decreased by 8.8%.
Housing Supply in 89146, NV
How many homes are available in 89146, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 67 | 58 | -13.4% |
Summary: The 89146 real estate market had 58 homes for sale in March 2024, a 13.4% decrease 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 | 14 | 15 | +7.1% |
| 3 Bedrooms | 20 | 13 | -35.0% |
| 4 Bedrooms | 22 | 19 | -13.6% |
| 5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The 89146 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 7.1%, 3 bedroom homes decreased by 35%, 4 bedroom homes decreased by 13.6%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 23 | 14 | -39.1% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89146, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in 89146 in March 2024, down by 39.1% month-over-month. Of the 14 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for 89146, NV
How long does it take to sell a home in 89146, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 42 Days | 46 Days | +7.1% |
Summary: Homes in 89146 had an average of 46 days on market in Mar 2024, up by 7.1% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89146 are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 14 homes were sold in 89146; 43% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 14% 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.