Is 89423, 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, 89423 has remained a Seller's Market.
Key Takeaway
89423 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89423, NV
How much do homes in 89423, NV cost?
Median Sold Price
$625,000
$322/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89423 have sold for 3.8% less than they did a year ago.
Summary: The median home sold price in 89423 was $625,000 in April 2024, down 3.8% from last year, and the median price per square foot was $322.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $950K | N/A |
| 2 Bedrooms | $430K | $450K | +4.7% |
| 3 Bedrooms | $615K | $597.5K | -2.8% |
| 4 Bedrooms | $881.1K | $760K | -13.7% |
| 5+ Bedrooms | $1.0M | $1.1M | +9.5% |
Summary: 89423 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 increased by 4.7%, 3 bedroom homes decreased by 2.8%, 4 bedroom homes decreased by 13.7%, and 5+ bedroom homes increased by 9.5%.
Median Sold Price Compared To Nearby Zip Codes
| 89460 | $499.9K | $581K | +16.2% |
| 89705 | $461.5K | $515K | +11.6% |
| 89701 | $445K | $451.3K | +1.4% |
| 89423 | $650K | $625K | -3.8% |
Housing Supply in 89423, NV
How many homes are available in 89423, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 56 | 64 | +14.3% |
Summary: The 89423 real estate market had 64 homes for sale in April 2024, a 14.3% 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 | 4 | 2 | -50.0% |
| 3 Bedrooms | 34 | 36 | +5.9% |
| 4 Bedrooms | 12 | 17 | +41.7% |
| 5+ Bedrooms | 6 | 9 | +50.0% |
Summary: The 89423 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 decreased by 50%, 3 bedroom homes increased by 5.9%, 4 bedroom homes increased by 41.7%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89423, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in 89423 in April 2024, up by 18.2% month-over-month. Of the 13 sold homes, 38% were sold under asking, 46% were sold at asking, and 15% were sold over asking.
Days on Market for 89423, NV
How long does it take to sell a home in 89423, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 109 Days | 78 Days | -28.7% |
Summary: Homes in 89423 had an average of 78 days on market in Apr 2024, down by 28.7% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89423 has remained consistent over time.
Summary: During April 2024, 13 homes were sold in 89423; 8% of homes were sold within 30 days, 62% of homes were sold within 30 to 90 days, and 31% of homes were sold over 90 days.
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