Is 89301, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89301 is a neutral's market

Buyer's
Market

Difference Since March 2023

At the same time last year, 89301 was a Seller's Market.

Key Takeaway

89301 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 89301, NV

How much do homes in 89301, NV cost?

Median Sold Price

$215,000

$156/sqft

Based on all homes sold in the last 12 months.

Difference Since March 2023

+$5,000(+2.4%)

Key Takeaway

Homes in 89301 have sold for 2.4% more than they did a year ago.

Summary: The median home sold price in 89301 was $215,000 in March 2024, up 2.4% from last year, and the median price per square foot was $156.

Median Sold Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 $73.5K$95K
+29.3%
2 $150K$187K
+24.7%
3 $220K$230K
+4.5%
4 $352.4K$321K
-8.9%
5+ -$289.5K
N/A

Summary: 89301 housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.3%, 2 bedroom homes increased by 24.7%, 3 bedroom homes increased by 4.5%, 4 bedroom homes decreased by 8.9%, and 5+ bedroom homes did not change.

Housing Supply in 89301, NV

How many homes are available in 89301, NV?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
2933+13.8%

Summary: The 89301 real estate market had 33 homes for sale in March 2024, a 13.8% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 23
+50.0%
2 78
+14.3%
3 1415
+7.1%
4 56
+20.0%
5+ 11
0.0%

Summary: The 89301 housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 14.3%, 3 bedroom homes increased by 7.1%, 4 bedroom homes increased by 20%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Feb 2024Mar 2024CHANGE
45+25.0%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89301, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in 89301 in March 2024, up by 25.0% month-over-month. Of the 5 sold homes, 80% were sold under asking, 0% were sold at asking, and 20% were sold over asking.

Days on Market for 89301, NV

How long does it take to sell a home in 89301, NV?

Average Sale Time

Mar 2023Mar 2024CHANGE
103 Days69 Days-32.6%

Summary: Homes in 89301 had an average of 69 days on market in Mar 2024, down by 32.6% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89301 has remained consistent over time.

Summary: During March 2024, 5 homes were sold in 89301; 0% of homes were sold within 30 days, 80% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

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