Is Enterprise, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Enterprise has remained a Seller's Market.
Key Takeaway
Enterprise is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Enterprise, NV
How much do homes in Enterprise, NV cost?
Median Sold Price
$453,833
$236/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Enterprise have sold for 3.4% less than they did a year ago.
Summary: The median home sold price in Enterprise was $453,833 in March 2024, down 3.4% from last year, and the median price per square foot was $236.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $225K | $223.5K | -0.7% |
| 2 Bedrooms | $320K | $307K | -4.1% |
| 3 Bedrooms | $440.6K | $420.6K | -4.5% |
| 4 Bedrooms | $536.9K | $520.8K | -3.0% |
| 5+ Bedrooms | $715K | $685K | -4.2% |
Summary: Enterprise housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 0.7%, 2 bedroom homes decreased by 4.1%, 3 bedroom homes decreased by 4.5%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes decreased by 4.2%.
Median Sold Price Compared To Nearby Neighborhoods
| Southern Highlands | $540K | $550K | +1.9% |
| Enterprise | $470K | $453.8K | -3.4% |
Housing Supply in Enterprise, NV
How many homes are available in Enterprise, NV?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 635 | 699 | +10.1% |
Summary: The Enterprise real estate market had 699 homes for sale in March 2024, a 10.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 13 | 14 | +7.7% |
| 2 Bedrooms | 74 | 87 | +17.6% |
| 3 Bedrooms | 234 | 252 | +7.7% |
| 4 Bedrooms | 203 | 221 | +8.9% |
| 5+ Bedrooms | 111 | 125 | +12.6% |
Summary: The Enterprise housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 7.7%, 2 bedroom homes increased by 17.6%, 3 bedroom homes increased by 7.7%, 4 bedroom homes increased by 8.9%, and 5+ bedroom homes increased by 12.6%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 172 | 165 | -4.1% |
Asking Price vs. Sold Price
87 Homes Were Sold
Under Asking
43 Homes Were Sold
At Asking
35 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Enterprise, you may be able to get a good deal. 52.7% of homes here sold below asking price last month.
Summary: A total of 165 homes were sold or pending in Enterprise in March 2024, down by 4.1% month-over-month. Of the 165 sold homes, 53% were sold under asking, 26% were sold at asking, and 21% were sold over asking.
Days on Market for Enterprise, NV
How long does it take to sell a home in Enterprise, NV?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 55 Days | 40 Days | -25.9% |
Summary: Homes in Enterprise had an average of 40 days on market in Mar 2024, down by 25.9% compared to last year.
Breakdown of Home Sale Times
102 Homes Were Sold
Under 30 Days
35 Homes Were Sold
In 30 - 90 Days
28 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Enterprise are selling fast, if you're buying plan to act quickly.
Summary: During March 2024, 165 homes were sold in Enterprise; 62% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 17% 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.