Is 89147, 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, 89147 has remained a Seller's Market.
Housing Prices in 89147, NV
How much do homes in 89147, NV cost?
Median Sold Price
$387,075
$252/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89147 was $387,075 in March 2024, down 4.4% from last year, and the median price per square foot was $252.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $226.9K | $218.9K | -3.5% |
2 Bedrooms | $300K | $279K | -7.0% |
3 Bedrooms | $405K | $400K | -1.2% |
4 Bedrooms | $490K | $490K | 0.0% |
5+ Bedrooms | $685K | $600K | -12.4% |
Summary: 89147 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.5%, 2 bedroom homes decreased by 7%, 3 bedroom homes decreased by 1.2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 12.4%.
Housing Supply in 89147, NV
How many homes are available in 89147, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
189 | 191 | +1.1% |
Summary: The 89147 real estate market had 191 homes for sale in March 2024, a 1.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 11 | 13 | +18.2% |
2 Bedrooms | 53 | 54 | +1.9% |
3 Bedrooms | 67 | 73 | +9.0% |
4 Bedrooms | 39 | 33 | -15.4% |
5+ Bedrooms | 19 | 18 | -5.3% |
Summary: The 89147 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 18.2%, 2 bedroom homes increased by 1.9%, 3 bedroom homes increased by 9%, 4 bedroom homes decreased by 15.4%, and 5+ bedroom homes decreased by 5.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
46 | 64 | +39.1% |
Asking Price vs. Sold Price
35 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
15 Homes Were Sold
Over Asking
Summary: A total of 64 homes were sold or pending in 89147 in March 2024, up by 39.1% month-over-month. Of the 64 sold homes, 55% were sold under asking, 22% were sold at asking, and 23% were sold over asking.
Days on Market for 89147, NV
How long does it take to sell a home in 89147, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
57 Days | 30 Days | -46.5% |
Summary: Homes in 89147 had an average of 30 days on market in Mar 2024, down by 46.5% compared to last year.
Breakdown of Home Sale Times
44 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
6 Homes Were Sold
Over 90 Days
Summary: During March 2024, 64 homes were sold in 89147; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.