Is 89434, 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, 89434 has remained a Seller's Market.
Key Takeaway
89434 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89434, NV
How much do homes in 89434, NV cost?
Median Sold Price
$450,000
$289/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89434 have sold for 1% more than they did a year ago.
Summary: The median home sold price in 89434 was $450,000 in April 2024, up 1% from last year, and the median price per square foot was $289.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $199.9K | $212.5K | +6.3% |
| 2 Bedrooms | $385K | $369.9K | -3.9% |
| 3 Bedrooms | $444K | $445K | 0.2% |
| 4 Bedrooms | $500K | $510K | +2.0% |
| 5+ Bedrooms | $492.2K | $585K | +18.8% |
Summary: 89434 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.3%, 2 bedroom homes decreased by 3.9%, 3 bedroom homes increased by 0.2%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 18.8%.
Median Sold Price Compared To Nearby Zip Codes
| 89431 | $378K | $385K | +1.9% |
| 89434 | $445.3K | $450K | +1.0% |
| 89502 | $400K | $401.6K | 0.4% |
| 89436 | $539.8K | $540K | 0.0% |
| 89521 | $659.9K | $650.1K | -1.5% |
Housing Supply in 89434, NV
How many homes are available in 89434, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 74 | 80 | +8.1% |
Summary: The 89434 real estate market had 80 homes for sale in April 2024, a 8.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 17 | 18 | +5.9% |
| 3 Bedrooms | 38 | 44 | +15.8% |
| 4 Bedrooms | 14 | 15 | +7.1% |
| 5+ Bedrooms | 3 | 1 | -66.7% |
Summary: The 89434 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 increased by 5.9%, 3 bedroom homes increased by 15.8%, 4 bedroom homes increased by 7.1%, and 5+ bedroom homes decreased by 66.7%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 23 | 24 | +4.3% |
Asking Price vs. Sold Price
7 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
10 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89434, you could pay more than the asking price. 41.7% of homes here sold above asking price last month.
Summary: A total of 24 homes were sold or pending in 89434 in April 2024, up by 4.3% month-over-month. Of the 24 sold homes, 29% were sold under asking, 29% were sold at asking, and 42% were sold over asking.
Days on Market for 89434, NV
How long does it take to sell a home in 89434, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 64 Days | 63 Days | -1.3% |
Summary: Homes in 89434 had an average of 63 days on market in Apr 2024, down by 1.3% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89434 has remained consistent over time.
Summary: During April 2024, 24 homes were sold in 89434; 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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