Is 89183, 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, 89183 has remained a Seller's Market.
Housing Prices in 89183, NV
How much do homes in 89183, NV cost?
Median Sold Price
$390,000
$247/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in 89183 was $390,000 in March 2024, down 3.1% from last year, and the median price per square foot was $247.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $212.5K | $205.7K | -3.2% |
2 Bedrooms | $327.4K | $320K | -2.3% |
3 Bedrooms | $390K | $370K | -5.1% |
4 Bedrooms | $501K | $505K | +0.8% |
5+ Bedrooms | $665K | $679.9K | +2.2% |
Summary: 89183 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 3.2%, 2 bedroom homes decreased by 2.3%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes increased by 0.8%, and 5+ bedroom homes increased by 2.2%.
Housing Supply in 89183, NV
How many homes are available in 89183, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
118 | 133 | +12.7% |
Summary: The 89183 real estate market had 133 homes for sale in March 2024, a 12.7% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 4 | 4 | 0.0% |
2 Bedrooms | 14 | 21 | +50.0% |
3 Bedrooms | 48 | 56 | +16.7% |
4 Bedrooms | 33 | 32 | -3.0% |
5+ Bedrooms | 19 | 20 | +5.3% |
Summary: The 89183 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 50%, 3 bedroom homes increased by 16.7%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 5.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
27 | 34 | +25.9% |
Asking Price vs. Sold Price
26 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 34 homes were sold or pending in 89183 in March 2024, up by 25.9% month-over-month. Of the 34 sold homes, 76% were sold under asking, 9% were sold at asking, and 15% were sold over asking.
Days on Market for 89183, NV
How long does it take to sell a home in 89183, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
56 Days | 31 Days | -44.6% |
Summary: Homes in 89183 had an average of 31 days on market in Mar 2024, down by 44.6% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 34 homes were sold in 89183; 65% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.