Is Lyon County, 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, Lyon County has remained a Seller's Market.
Housing Prices in Lyon County, NV
How much do homes in Lyon County, NV cost?
Median Sold Price
$389,304
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Lyon County was $389,304 in April 2024, down 3% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $300K | $380K | +26.7% |
2 Bedrooms | $289K | $288.3K | -0.2% |
3 Bedrooms | $380.7K | $377.2K | -0.9% |
4 Bedrooms | $450K | $455K | +1.1% |
5+ Bedrooms | $568K | $542.4K | -4.5% |
Summary: Lyon County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 26.7%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 0.9%, 4 bedroom homes increased by 1.1%, and 5+ bedroom homes decreased by 4.5%.
Median Sold Price Compared To Nearby Counties
Douglas County | $601.3K | $652K | +8.4% |
Mineral County | $171.2K | $175K | +2.2% |
Washoe County | $523.8K | $530.3K | +1.2% |
Lyon County | $401.2K | $389.3K | -3.0% |
Housing Supply in Lyon County, NV
How many homes are available in Lyon County, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
270 | 292 | +8.1% |
Summary: The Lyon County real estate market had 292 homes for sale in April 2024, a 8.1% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 8 | 12 | +50.0% |
3 Bedrooms | 171 | 186 | +8.8% |
4 Bedrooms | 79 | 83 | +5.1% |
5+ Bedrooms | 11 | 11 | 0.0% |
Summary: The Lyon County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 8.8%, 4 bedroom homes increased by 5.1%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
73 | 59 | -19.2% |
Asking Price vs. Sold Price
29 Homes Were Sold
Under Asking
18 Homes Were Sold
At Asking
12 Homes Were Sold
Over Asking
Summary: A total of 59 homes were sold or pending in Lyon County in April 2024, down by 19.2% month-over-month. Of the 59 sold homes, 49% were sold under asking, 31% were sold at asking, and 20% were sold over asking.
Days on Market for Lyon County, NV
How long does it take to sell a home in Lyon County, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
108 Days | 111 Days | +3.0% |
Summary: Homes in Lyon County had an average of 111 days on market in Apr 2024, up by 3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
36 Homes Were Sold
In 30 - 90 Days
20 Homes Were Sold
Over 90 Days
Summary: During April 2024, 59 homes were sold in Lyon County; 5% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 34% of homes were sold over 90 days.