Is Gardnerville-Minden, 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, Gardnerville-Minden has remained a Seller's Market.
Housing Prices in Gardnerville-Minden, NV
How much do homes in Gardnerville-Minden, NV cost?
Median Sold Price
$565,000
$328/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Gardnerville-Minden was $565,000 in April 2024, down 0.4% from last year, and the median price per square foot was $328.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $950K | N/A |
2 Bedrooms | $385K | $415K | +7.8% |
3 Bedrooms | $545K | $550K | +0.9% |
4 Bedrooms | $775K | $755K | -2.6% |
5+ Bedrooms | $757K | $871.1K | +15.1% |
Summary: Gardnerville-Minden 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 7.8%, 3 bedroom homes increased by 0.9%, 4 bedroom homes decreased by 2.6%, and 5+ bedroom homes increased by 15.1%.
Median Sold Price Compared To Nearby Cities
Genoa-Jacks Valley | $539.4K | $720K | +33.5% |
Gardnerville | $528K | $588.3K | +11.4% |
Gardnerville-Minden | $567.5K | $565K | -0.4% |
Minden | $650K | $625K | -3.8% |
Housing Supply in Gardnerville-Minden, NV
How many homes are available in Gardnerville-Minden, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
111 | 124 | +11.7% |
Summary: The Gardnerville-Minden real estate market had 124 homes for sale in April 2024, a 11.7% increase 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 | 9 | 10 | +11.1% |
3 Bedrooms | 70 | 76 | +8.6% |
4 Bedrooms | 23 | 27 | +17.4% |
5+ Bedrooms | 9 | 11 | +22.2% |
Summary: The Gardnerville-Minden 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 11.1%, 3 bedroom homes increased by 8.6%, 4 bedroom homes increased by 17.4%, and 5+ bedroom homes increased by 22.2%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
26 | 35 | +34.6% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
14 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Gardnerville-Minden in April 2024, up by 34.6% month-over-month. Of the 35 sold homes, 46% were sold under asking, 40% were sold at asking, and 14% were sold over asking.
Days on Market for Gardnerville-Minden, NV
How long does it take to sell a home in Gardnerville-Minden, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
89 Days | 90 Days | +0.6% |
Summary: Homes in Gardnerville-Minden had an average of 90 days on market in Apr 2024, up by 0.6% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
18 Homes Were Sold
In 30 - 90 Days
13 Homes Were Sold
Over 90 Days
Summary: During April 2024, 35 homes were sold in Gardnerville-Minden; 11% of homes were sold within 30 days, 51% of homes were sold within 30 to 90 days, and 37% of homes were sold over 90 days.