Is College Park, 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, College Park has remained a Seller's Market.
Key Takeaway
College Park is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in College Park, NV
How much do homes in College Park, NV cost?
Median Sold Price
$319,950
$245/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in College Park have sold for 3.2% more than they did a year ago.
Summary: The median home sold price in College Park was $319,950 in April 2024, up 3.2% from last year, and the median price per square foot was $245.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $226.5K | $268.8K | +18.7% |
| 3 Bedrooms | $300K | $315K | +5.0% |
| 4 Bedrooms | $325K | $325K | 0.0% |
| 5+ Bedrooms | $360K | $355K | -1.4% |
Summary: College Park housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 18.7%, 3 bedroom homes increased by 5%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 1.4%.
Median Sold Price Compared To Nearby Neighborhoods
| College Park | $310K | $319.9K | +3.2% |
| Sunrise Manor | $331.8K | $340K | +2.5% |
| Central Las Vegas | $347.2K | $347.1K | 0% |
Housing Supply in College Park, NV
How many homes are available in College Park, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 25 | 21 | -16.0% |
Summary: The College Park real estate market had 21 homes for sale in April 2024, a 16.0% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 11 | -21.4% |
| 4 Bedrooms | 10 | 8 | -20.0% |
| 5+ Bedrooms | 1 | 2 | +100.0% |
Summary: The College Park 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 remained the same, 3 bedroom homes decreased by 21.4%, 4 bedroom homes decreased by 20%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 8 | 6 | -25.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in College Park, you may be able to get a good deal. 83.3% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in College Park in April 2024, down by 25.0% month-over-month. Of the 6 sold homes, 83% were sold under asking, 17% were sold at asking, and 0% were sold over asking.
Days on Market for College Park, NV
How long does it take to sell a home in College Park, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 61 Days | 36 Days | -40.4% |
Summary: Homes in College Park had an average of 36 days on market in Apr 2024, down by 40.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in College Park has remained consistent over time.
Summary: During April 2024, 6 homes were sold in College Park; 33% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.