Is 89149, 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, 89149 has remained a Seller's Market.
Key Takeaway
89149 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89149, NV
How much do homes in 89149, NV cost?
Median Sold Price
$450,000
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89149 have sold for 3.6% more than they did a year ago.
Summary: The median home sold price in 89149 was $450,000 in April 2024, up 3.6% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $197K | $197.8K | 0.4% |
| 2 Bedrooms | $302.5K | $304K | 0.5% |
| 3 Bedrooms | $399K | $404.6K | +1.4% |
| 4 Bedrooms | $575K | $600K | +4.3% |
| 5+ Bedrooms | $784.9K | $824.1K | +5.0% |
Summary: 89149 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 0.4%, 2 bedroom homes increased by 0.5%, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes increased by 5%.
Housing Supply in 89149, NV
How many homes are available in 89149, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 204 | 241 | +18.1% |
Summary: The 89149 real estate market had 241 homes for sale in April 2024, a 18.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 29 | 29 | 0.0% |
| 3 Bedrooms | 84 | 92 | +9.5% |
| 4 Bedrooms | 62 | 80 | +29.0% |
| 5+ Bedrooms | 27 | 37 | +37.0% |
Summary: The 89149 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes remained the same, 3 bedroom homes increased by 9.5%, 4 bedroom homes increased by 29%, and 5+ bedroom homes increased by 37%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 37 | 55 | +48.6% |
Asking Price vs. Sold Price
33 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89149, you may be able to get a good deal. 61.1% of homes here sold below asking price last month.
Summary: A total of 55 homes were sold or pending in 89149 in April 2024, up by 48.6% month-over-month. Of the 54 sold homes, 61% were sold under asking, 13% were sold at asking, and 26% were sold over asking.
Days on Market for 89149, NV
How long does it take to sell a home in 89149, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 49 Days | 28 Days | -43.2% |
Summary: Homes in 89149 had an average of 28 days on market in Apr 2024, down by 43.2% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
13 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89149 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 55 homes were sold in 89149; 71% of homes were sold within 30 days, 24% of homes were sold within 30 to 90 days, and 4% 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.