Is 89512, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, 89512 was a Seller's Market.
Housing Prices in 89512, NV
How much do homes in 89512, NV cost?
Median Sold Price
$350,000
$277/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 89512 was $350,000 in April 2024, down 0.7% from last year, and the median price per square foot was $277.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $185K | $184K | -0.5% |
2 Bedrooms | $235K | $217.5K | -7.4% |
3 Bedrooms | $407K | $397.5K | -2.3% |
4 Bedrooms | $462.4K | $486K | +5.1% |
5+ Bedrooms | $599.5K | $460K | -23.3% |
Summary: 89512 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.5%, 2 bedroom homes decreased by 7.4%, 3 bedroom homes decreased by 2.3%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes decreased by 23.3%.
Median Sold Price Compared To Nearby Zip Codes
89501 | $355K | $375K | +5.6% |
89431 | $378K | $385K | +1.9% |
89433 | $410K | $413.4K | +0.9% |
89512 | $352.5K | $350K | -0.7% |
89503 | $450K | $445K | -1.1% |
Housing Supply in 89512, NV
How many homes are available in 89512, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
49 | 59 | +20.4% |
Summary: The 89512 real estate market had 59 homes for sale in April 2024, a 20.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 8 | 9 | +12.5% |
2 Bedrooms | 15 | 20 | +33.3% |
3 Bedrooms | 15 | 20 | +33.3% |
4 Bedrooms | 8 | 8 | 0.0% |
5+ Bedrooms | 3 | 2 | -33.3% |
Summary: The 89512 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 33.3%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
12 | 5 | -58.3% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 5 homes were sold or pending in 89512 in April 2024, down by 58.3% month-over-month. Of the 5 sold homes, 0% were sold under asking, 80% were sold at asking, and 20% were sold over asking.
Days on Market for 89512, NV
How long does it take to sell a home in 89512, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
101 Days | 59 Days | -41.8% |
Summary: Homes in 89512 had an average of 59 days on market in Apr 2024, down by 41.8% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 5 homes were sold in 89512; 20% of homes were sold within 30 days, 60% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.