Is 89410, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 89410 was a Seller's Market.
Key Takeaway
89410 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 89410, NV
How much do homes in 89410, NV cost?
Median Sold Price
$624,000
$341/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 89410 have sold for 9.8% more than they did a year ago.
Summary: The median home sold price in 89410 was $624,000 in May 2024, up 9.8% from last year, and the median price per square foot was $341.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $542.5K | - | N/A |
| 2 Bedrooms | $399.9K | $425K | +6.3% |
| 3 Bedrooms | $550.5K | $575K | +4.5% |
| 4 Bedrooms | $731K | $845K | +15.6% |
| 5+ Bedrooms | $880.8K | $1.2M | +43.3% |
Summary: 89410 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 6.3%, 3 bedroom homes increased by 4.5%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes increased by 43.3%.
Median Sold Price Compared To Nearby Zip Codes
| 89460 | $499K | $604K | +21.0% |
| 89410 | $568.5K | $624K | +9.8% |
| 89423 | $640.5K | $650K | +1.5% |
Housing Supply in 89410, NV
How many homes are available in 89410, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 54 | +1.9% |
Summary: The 89410 real estate market had 54 homes for sale in May 2024, a 1.9% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 11 | 10 | -9.1% |
| 3 Bedrooms | 29 | 28 | -3.4% |
| 4 Bedrooms | 10 | 12 | +20.0% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The 89410 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 9.1%, 3 bedroom homes decreased by 3.4%, 4 bedroom homes increased by 20%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 18 | 8 | -55.6% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89410, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in 89410 in May 2024, down by 55.6% month-over-month. Of the 8 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for 89410, NV
How long does it take to sell a home in 89410, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 59 Days | 48 Days | -18.7% |
Summary: Homes in 89410 had an average of 48 days on market in May 2024, down by 18.7% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89410 has remained consistent over time.
Summary: During May 2024, 8 homes were sold in 89410; 25% of homes were sold within 30 days, 63% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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