Is 89436, 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, 89436 has remained a Seller's Market.
Key Takeaway
89436 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89436, NV
How much do homes in 89436, NV cost?
Median Sold Price
$540,085
$276/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
The sold price of homes in 89436 has remained the same since last year.
Summary: The median home sold price in 89436 was $540,085 in April 2024, the same as last year, and the median price per square foot was $276.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $438K | - | N/A |
| 2 Bedrooms | $424.5K | $414.5K | -2.4% |
| 3 Bedrooms | $500K | $509K | +1.8% |
| 4 Bedrooms | $590.9K | $585K | -1.0% |
| 5+ Bedrooms | $658K | $712.2K | +8.2% |
Summary: 89436 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 decreased by 2.4%, 3 bedroom homes increased by 1.8%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 8.2%.
Median Sold Price Compared To Nearby Zip Codes
| 89431 | $378K | $385K | +1.9% |
| 89506 | $437.6K | $442.8K | +1.2% |
| 89433 | $410K | $413.4K | +0.9% |
| 89436 | $539.8K | $540K | 0.0% |
| 89441 | $650K | $650K | 0.0% |
Housing Supply in 89436, NV
How many homes are available in 89436, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 204 | 213 | +4.4% |
Summary: The 89436 real estate market had 213 homes for sale in April 2024, a 4.4% 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 | 22 | 21 | -4.5% |
| 3 Bedrooms | 85 | 101 | +18.8% |
| 4 Bedrooms | 87 | 79 | -9.2% |
| 5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The 89436 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 4.5%, 3 bedroom homes increased by 18.8%, 4 bedroom homes decreased by 9.2%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 63 | 67 | +6.3% |
Asking Price vs. Sold Price
32 Homes Were Sold
Under Asking
23 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89436, you may be able to get a good deal. 47.8% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in 89436 in April 2024, up by 6.3% month-over-month. Of the 67 sold homes, 48% were sold under asking, 34% were sold at asking, and 18% were sold over asking.
Days on Market for 89436, NV
How long does it take to sell a home in 89436, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 89 Days | 66 Days | -25.3% |
Summary: Homes in 89436 had an average of 66 days on market in Apr 2024, down by 25.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
41 Homes Were Sold
In 30 - 90 Days
14 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89436 has remained consistent over time.
Summary: During April 2024, 67 homes were sold in 89436; 18% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
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