Is 89509, 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, 89509 has remained a Seller's Market.
Housing Prices in 89509, NV
How much do homes in 89509, NV cost?
Median Sold Price
$653,333
$335/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 89509 was $653,333 in April 2024, up 0.5% from last year, and the median price per square foot was $335.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $230K | $219K | -4.8% |
2 Bedrooms | $430.2K | $469K | +9.0% |
3 Bedrooms | $635K | $641K | +0.9% |
4 Bedrooms | $850K | $875K | +2.9% |
5+ Bedrooms | $1.1M | $1.0M | -9.1% |
Summary: 89509 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 4.8%, 2 bedroom homes increased by 9%, 3 bedroom homes increased by 0.9%, 4 bedroom homes increased by 2.9%, and 5+ bedroom homes decreased by 9.1%.
Median Sold Price Compared To Nearby Zip Codes
89501 | $355K | $375K | +5.6% |
89519 | $799K | $840K | +5.1% |
89509 | $650K | $653.3K | 0.5% |
89502 | $400K | $401.6K | 0.4% |
89503 | $450K | $445K | -1.1% |
Housing Supply in 89509, NV
How many homes are available in 89509, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
151 | 171 | +13.2% |
Summary: The 89509 real estate market had 171 homes for sale in April 2024, a 13.2% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 6 | 0.0% |
2 Bedrooms | 25 | 31 | +24.0% |
3 Bedrooms | 60 | 76 | +26.7% |
4 Bedrooms | 38 | 34 | -10.5% |
5+ Bedrooms | 22 | 24 | +9.1% |
Summary: The 89509 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 24%, 3 bedroom homes increased by 26.7%, 4 bedroom homes decreased by 10.5%, and 5+ bedroom homes increased by 9.1%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
31 | 39 | +25.8% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 39 homes were sold or pending in 89509 in April 2024, up by 25.8% month-over-month. Of the 39 sold homes, 49% were sold under asking, 15% were sold at asking, and 36% were sold over asking.
Days on Market for 89509, NV
How long does it take to sell a home in 89509, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
87 Days | 74 Days | -14.6% |
Summary: Homes in 89509 had an average of 74 days on market in Apr 2024, down by 14.6% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
26 Homes Were Sold
In 30 - 90 Days
8 Homes Were Sold
Over 90 Days
Summary: During April 2024, 39 homes were sold in 89509; 13% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.