Is Lyon County, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Lyon County is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Lyon County has remained a Seller's Market.

Key Takeaway

Lyon County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Lyon County, NV

How much do homes in Lyon County, NV cost?

Median Sold Price

$390,735

$239/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

-$4,085(-1.0%)

Key Takeaway

Homes in Lyon County have sold for 1% less than they did a year ago.

Summary: The median home sold price in Lyon County was $390,735 in June 2024, down 1% from last year, and the median price per square foot was $239.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $245K$380K
+55.1%
2 $310K$275K
-11.3%
3 $375K$380K
+1.3%
4 $442K$459.5K
+4.0%
5+ $560K$555K
-0.9%

Summary: Lyon County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes increased by 55.1%, 2 bedroom homes decreased by 11.3%, 3 bedroom homes increased by 1.3%, 4 bedroom homes increased by 4%, and 5+ bedroom homes decreased by 0.9%.

Median Sold Price Compared To Nearby Counties

Douglas County
+13.6%
Washoe County
+4.2%
Mineral County
+2.9%
Lyon County
-1.0%

Housing Supply in Lyon County, NV

How many homes are available in Lyon County, NV?

Number of Homes For Sale

May 2024Jun 2024CHANGE
369386+4.6%

Summary: The Lyon County real estate market had 386 homes for sale in June 2024, a 4.6% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 00
0.0%
2 1818
0.0%
3 237249
+5.1%
4 98100
+2.0%
5+ 1619
+18.8%

Summary: The Lyon County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.1%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 18.8%.

Number of Homes Sold

May 2024Jun 2024CHANGE
8872-18.2%

Asking Price vs. Sold Price

26 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

13 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Lyon County, expect to pay close to the asking price. 45.8% of homes here sold near the asking price last month.

Summary: A total of 72 homes were sold or pending in Lyon County in June 2024, down by 18.2% month-over-month. Of the 72 sold homes, 36% were sold under asking, 46% were sold at asking, and 18% 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

Jun 2023Jun 2024CHANGE
95 Days79 Days-16.6%

Summary: Homes in Lyon County had an average of 79 days on market in Jun 2024, down by 16.6% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

47 Homes Were Sold
In 30 - 90 Days

16 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Lyon County has remained consistent over time.

Summary: During June 2024, 72 homes were sold in Lyon County; 13% of homes were sold within 30 days, 65% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 22 Days Ago

Newest Listings in Lyon County, NV

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