Is 89523, 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, 89523 has remained a Seller's Market.
Key Takeaway
89523 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89523, NV
How much do homes in 89523, NV cost?
Median Sold Price
$614,666
$331/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in 89523 have sold for 0.8% more than they did a year ago.
Summary: The median home sold price in 89523 was $614,666 in April 2024, up 0.8% from last year, and the median price per square foot was $331.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $245K | $239K | -2.4% |
| 2 Bedrooms | $560K | $540K | -3.6% |
| 3 Bedrooms | $569K | $601.3K | +5.7% |
| 4 Bedrooms | $680K | $707K | +4.0% |
| 5+ Bedrooms | $862K | $1.1M | +32.3% |
Summary: 89523 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.4%, 2 bedroom homes decreased by 3.6%, 3 bedroom homes increased by 5.7%, 4 bedroom homes increased by 4%, and 5+ bedroom homes increased by 32.3%.
Median Sold Price Compared To Nearby Zip Codes
| 89511 | $1.0M | $1.1M | +5.6% |
| 89519 | $799K | $840K | +5.1% |
| 89523 | $610K | $614.6K | +0.8% |
| 89503 | $450K | $445K | -1.1% |
Housing Supply in 89523, NV
How many homes are available in 89523, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 107 | 132 | +23.4% |
Summary: The 89523 real estate market had 132 homes for sale in April 2024, a 23.4% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 4 | 4 | 0.0% |
| 2 Bedrooms | 20 | 21 | +5.0% |
| 3 Bedrooms | 44 | 49 | +11.4% |
| 4 Bedrooms | 30 | 45 | +50.0% |
| 5+ Bedrooms | 9 | 13 | +44.4% |
Summary: The 89523 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 5%, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 50%, and 5+ bedroom homes increased by 44.4%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 30 | +20.0% |
Asking Price vs. Sold Price
15 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
11 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89523, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 30 homes were sold or pending in 89523 in April 2024, up by 20.0% month-over-month. Of the 30 sold homes, 50% were sold under asking, 13% were sold at asking, and 37% were sold over asking.
Days on Market for 89523, NV
How long does it take to sell a home in 89523, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 102 Days | 85 Days | -16.4% |
Summary: Homes in 89523 had an average of 85 days on market in Apr 2024, down by 16.4% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
17 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in 89523 has remained consistent over time.
Summary: During April 2024, 30 homes were sold in 89523; 13% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 30% of homes were sold over 90 days.
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