Is 89445, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, 89445 was a Seller's Market.
Housing Prices in 89445, NV
How much do homes in 89445, NV cost?
Median Sold Price
$339,900
$215/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in 89445 was $339,900 in May 2024, up 4.6% from last year, and the median price per square foot was $215.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $228.2K | $293.2K | +28.5% |
2 Bedrooms | $212K | $239.9K | +13.2% |
3 Bedrooms | $319K | $335K | +5.0% |
4 Bedrooms | $445K | $463K | +4.0% |
5+ Bedrooms | $560K | $635K | +13.4% |
Summary: 89445 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 28.5%, 2 bedroom homes increased by 13.2%, 3 bedroom homes increased by 5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 13.4%.
Housing Supply in 89445, NV
How many homes are available in 89445, NV?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
67 | 69 | +3.0% |
Summary: The 89445 real estate market had 69 homes for sale in May 2024, a 3.0% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 10 | 13 | +30.0% |
3 Bedrooms | 36 | 34 | -5.6% |
4 Bedrooms | 15 | 15 | 0.0% |
5+ Bedrooms | 5 | 6 | +20.0% |
Summary: The 89445 housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 30%, 3 bedroom homes decreased by 5.6%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
13 | 8 | -38.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Summary: A total of 8 homes were sold or pending in 89445 in May 2024, down by 38.5% month-over-month. Of the 8 sold homes, 38% were sold under asking, 25% were sold at asking, and 38% were sold over asking.
Days on Market for 89445, NV
How long does it take to sell a home in 89445, NV?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
113 Days | 81 Days | -27.9% |
Summary: Homes in 89445 had an average of 81 days on market in May 2024, down by 27.9% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During May 2024, 8 homes were sold in 89445; 13% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 38% of homes were sold over 90 days.