Is 89179, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 89179 was a Buyer's Market.
Key Takeaway
89179 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89179, NV
How much do homes in 89179, NV cost?
Median Sold Price
$465,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89179 have sold for 3.1% less than they did a year ago.
Summary: The median home sold price in 89179 was $465,000 in April 2024, down 3.1% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $420K | - | N/A |
| 3 Bedrooms | $445K | $435K | -2.2% |
| 4 Bedrooms | $499.9K | $510K | +2.0% |
| 5+ Bedrooms | $540K | $536.5K | -0.6% |
Summary: 89179 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 did not change, 3 bedroom homes decreased by 2.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes decreased by 0.6%.
Housing Supply in 89179, NV
How many homes are available in 89179, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 38 | 46 | +21.1% |
Summary: The 89179 real estate market had 46 homes for sale in April 2024, a 21.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 24 | 29 | +20.8% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 4 | 5 | +25.0% |
Summary: The 89179 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 remained the same, 3 bedroom homes increased by 20.8%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 25%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 15 | +87.5% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89179, you may be able to get a good deal. 33.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in 89179 in April 2024, up by 87.5% month-over-month. Of the 15 sold homes, 33% were sold under asking, 33% were sold at asking, and 33% were sold over asking.
Days on Market for 89179, NV
How long does it take to sell a home in 89179, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 45 Days | 18 Days | -58.1% |
Summary: Homes in 89179 had an average of 18 days on market in Apr 2024, down by 58.1% compared to last year.
Breakdown of Home Sale Times
11 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89179 are selling fast, if you're buying plan to act quickly.
Summary: During April 2024, 15 homes were sold in 89179; 73% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 0% 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.