Is 89521, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89521 is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, 89521 has remained a Seller's Market.

Key Takeaway

89521 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in 89521, NV

How much do homes in 89521, NV cost?

Median Sold Price

$650,190

$329/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$9,776(-1.5%)

Key Takeaway

Homes in 89521 have sold for 1.5% less than they did a year ago.

Summary: The median home sold price in 89521 was $650,190 in April 2024, down 1.5% from last year, and the median price per square foot was $329.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $335K$340K
+1.5%
2 $485K$489K
+0.8%
3 $620K$628.3K
+1.3%
4 $710K$730K
+2.8%
5+ $812K$1.0M
+23.2%

Summary: 89521 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.5%, 2 bedroom homes increased by 0.8%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 23.2%.

Median Sold Price Compared To Nearby Zip Codes

89704
+1.3%
89434
+1.0%
89502
0.4%
89521
-1.5%

Housing Supply in 89521, NV

How many homes are available in 89521, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
151193+27.8%

Summary: The 89521 real estate market had 193 homes for sale in April 2024, a 27.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 46
+50.0%
2 2631
+19.2%
3 6779
+17.9%
4 4158
+41.5%
5+ 1319
+46.2%

Summary: The 89521 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 41.5%, and 5+ bedroom homes increased by 46.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
3843+13.2%

Asking Price vs. Sold Price

16 Homes Were Sold
Under Asking

15 Homes Were Sold
At Asking

12 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89521, you may be able to get a good deal. 37.2% of homes here sold below asking price last month.

Summary: A total of 43 homes were sold or pending in 89521 in April 2024, up by 13.2% month-over-month. Of the 43 sold homes, 37% were sold under asking, 35% were sold at asking, and 28% were sold over asking.

Days on Market for 89521, NV

How long does it take to sell a home in 89521, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
91 Days70 Days-22.7%

Summary: Homes in 89521 had an average of 70 days on market in Apr 2024, down by 22.7% compared to last year.

Breakdown of Home Sale Times

6 Homes Were Sold
Under 30 Days

25 Homes Were Sold
In 30 - 90 Days

12 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in 89521 has remained consistent over time.

Summary: During April 2024, 43 homes were sold in 89521; 14% of homes were sold within 30 days, 58% of homes were sold within 30 to 90 days, and 28% 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 19 Days Ago

Newest Listings in 89521, NV

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