$9,203 Closing Credit*
$775,000
1,332 SqFt
3 Beds
•2 Full Baths
Bonnie Glennon, Listing Office: Coldwell Banker Select Reno
Is Incline Village, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since December 2023
At the same time last year, Incline Village was a Buyer's Market.
Key Takeaway
Incline Village is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Incline Village, NV
How much do homes in Incline Village, NV cost?
Median Sold Price
$1,580,000
$763/sqft
Based on all homes sold in the last 12 months.
Difference Since December 2023
+$330,000(+26.4%)
Key Takeaway
Homes in Incline Village have sold for 26.4% more than they did a year ago.
Summary: The median home sold price in Incline Village was $1,580,000 in December 2024, up 26.4% from last year, and the median price per square foot was $763.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $612.5K | $655K | +6.9% |
| 2 Bedrooms | $860K | $975K | +13.4% |
| 3 Bedrooms | $1.1M | $1.1M | +1.3% |
| 4 Bedrooms | $2.0M | $2.3M | +10.8% |
| 5+ Bedrooms | $4.4M | $4.0M | -8.9% |
Summary: Incline Village housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6.9%, 2 bedroom homes increased by 13.4%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 10.8%, and 5+ bedroom homes decreased by 8.9%.
Median Sold Price Compared To Nearby Cities
| Incline Village | $1.2M | $1.5M | +26.4% |
| Reno Southwest | $748.8K | $835.7K | +11.6% |
| Washoe Valley | $1.0M | $1.1M | +9.0% |
Housing Supply in Incline Village, NV
How many homes are available in Incline Village, NV?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 71 | 68 | -4.2% |
Summary: The Incline Village real estate market had 68 homes for sale in December 2024, a 4.2% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 3 | +50.0% |
| 2 Bedrooms | 18 | 17 | -5.6% |
| 3 Bedrooms | 28 | 25 | -10.7% |
| 4 Bedrooms | 7 | 9 | +28.6% |
| 5+ Bedrooms | 16 | 14 | -12.5% |
Summary: The Incline Village housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 50%, 2 bedroom homes decreased by 5.6%, 3 bedroom homes decreased by 10.7%, 4 bedroom homes increased by 28.6%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 9 | 14 | +55.6% |
Asking Price vs. Sold Price
12 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Incline Village, you may be able to get a good deal. 85.7% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Incline Village in December 2024, up by 55.6% month-over-month. Of the 14 sold homes, 86% were sold under asking, 14% were sold at asking, and 0% were sold over asking.
Days on Market for Incline Village, NV
How long does it take to sell a home in Incline Village, NV?
Average Sale Time
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 69 Days | 136 Days | +95.3% |
Summary: Homes in Incline Village had an average of 136 days on market in Dec 2024, up by 95.3% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Incline Village are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 14 homes were sold in Incline Village; 14% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 64% of homes were sold over 90 days.
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