Is 89460, 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, 89460 was a Seller's Market.
Key Takeaway
89460 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in 89460, NV
How much do homes in 89460, NV cost?
Median Sold Price
$604,000
$342/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in 89460 have sold for 21% more than they did a year ago.
Summary: The median home sold price in 89460 was $604,000 in May 2024, up 21% from last year, and the median price per square foot was $342.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.2M | - | N/A |
| 2 Bedrooms | $377.5K | $324K | -14.2% |
| 3 Bedrooms | $485K | $536K | +10.5% |
| 4 Bedrooms | $792.9K | $825K | +4.0% |
| 5+ Bedrooms | $2.5M | $4.5M | +75.7% |
Summary: 89460 housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 14.2%, 3 bedroom homes increased by 10.5%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 75.7%.
Median Sold Price Compared To Nearby Zip Codes
| 89449 | $760K | $1.0M | +38.2% |
| 89460 | $499K | $604K | +21.0% |
| 89410 | $568.5K | $624K | +9.8% |
| 89423 | $640.5K | $650K | +1.5% |
Housing Supply in 89460, NV
How many homes are available in 89460, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 53 | 60 | +13.2% |
Summary: The 89460 real estate market had 60 homes for sale in May 2024, a 13.2% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 27 | 33 | +22.2% |
| 4 Bedrooms | 14 | 16 | +14.3% |
| 5+ Bedrooms | 11 | 10 | -9.1% |
Summary: The 89460 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 remained the same, 3 bedroom homes increased by 22.2%, 4 bedroom homes increased by 14.3%, and 5+ bedroom homes decreased by 9.1%.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 14 | 10 | -28.6% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in 89460, you may be able to get a good deal. 80% of homes here sold below asking price last month.
Summary: A total of 10 homes were sold or pending in 89460 in May 2024, down by 28.6% month-over-month. Of the 10 sold homes, 80% were sold under asking, 10% were sold at asking, and 10% were sold over asking.
Days on Market for 89460, NV
How long does it take to sell a home in 89460, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 72 Days | 105 Days | +44.6% |
Summary: Homes in 89460 had an average of 105 days on market in May 2024, up by 44.6% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89460 has remained consistent over time.
Summary: During May 2024, 10 homes were sold in 89460; 10% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
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