Is 89429, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89429 is a seller's market

Buyer's
Market

Difference Since Last Month

Last month, 89429 was a Neutral Market.

Key Takeaway

89429 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89429, NV

How much do homes in 89429, NV cost?

Median Sold Price

$382,900

$202/sqft

Based on all homes sold in April 2024.

Difference Since Last Month

-$134,100(-25.9%)

Key Takeaway

Homes in 89429 have sold for 25.9% less than they did a month ago.

Summary: The median home sold price in 89429 was $382,900 in April 2024, down 25.9% from last month, and the median price per square foot was $202.

Median Sold Price By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 --
N/A
2 $334K-
N/A
3 $700K$382.9K
-45.3%
4 --
N/A
5+ --
N/A

Summary: 89429 housing prices by bedroom type for April 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 45.3%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in 89429, NV

How many homes are available in 89429, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
1416+14.3%

Summary: The 89429 real estate market had 16 homes for sale in April 2024, a 14.3% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 11
0.0%
3 1011
+10.0%
4 34
+33.3%
5+ 00
0.0%

Summary: The 89429 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 10%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
23+50.0%

Asking Price vs. Sold Price

2 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 89429, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in 89429 in April 2024, up by 50.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and 33% were sold over asking.

Days on Market for 89429, NV

How long does it take to sell a home in 89429, NV?

Average Sale Time

Mar 2024Apr 2024CHANGE
46 Days125 Days+171.7%

Summary: Homes in 89429 had an average of 125 days on market in Apr 2024, up by 171.7% compared to last month.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

2 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 89429 has remained consistent over time.

Summary: During April 2024, 3 homes were sold in 89429; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% 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 19 Days Ago

Newest Listings in 89429, NV

Nearby Markets to 89429, NV