Is 89441, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89441 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 89441 has remained a Seller's Market.

Key Takeaway

89441 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89441, NV

How much do homes in 89441, NV cost?

Median Sold Price

$650,000

$295/sqft

Based on all homes sold in the last 12 months.

The Median Sold Price hasn't changed since April 2023.

Key Takeaway

The sold price of homes in 89441 has remained the same since last year.

Summary: The median home sold price in 89441 was $650,000 in April 2024, the same as last year, and the median price per square foot was $295.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $458.5K$765K
+66.8%
3 $583.5K$562.5K
-3.6%
4 $680K$673.5K
-1.0%
5+ $747.5K$973K
+30.2%

Summary: 89441 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 66.8%, 3 bedroom homes decreased by 3.6%, 4 bedroom homes decreased by 1%, and 5+ bedroom homes increased by 30.2%.

Median Sold Price Compared To Nearby Zip Codes

89510
+2.6%
89506
+1.2%
89441
0.0%
89436
0.0%

Housing Supply in 89441, NV

How many homes are available in 89441, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
6571+9.2%

Summary: The 89441 real estate market had 71 homes for sale in April 2024, a 9.2% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 00
0.0%
3 2227
+22.7%
4 2928
-3.4%
5+ 1416
+14.3%

Summary: The 89441 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 22.7%, 4 bedroom homes decreased by 3.4%, and 5+ bedroom homes increased by 14.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
16160.0%

Asking Price vs. Sold Price

8 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

3 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89441, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 16 homes were sold or pending in 89441 in April 2024, the same as the previous month. Of the 16 sold homes, 50% were sold under asking, 31% were sold at asking, and 19% were sold over asking.

Days on Market for 89441, NV

How long does it take to sell a home in 89441, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
94 Days110 Days+16.2%

Summary: Homes in 89441 had an average of 110 days on market in Apr 2024, up by 16.2% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

9 Homes Were Sold
In 30 - 90 Days

6 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89441 has remained consistent over time.

Summary: During April 2024, 16 homes were sold in 89441; 6% of homes were sold within 30 days, 56% of homes were sold within 30 to 90 days, and 38% 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 Apr 1, 2024

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