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 September 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

$400,000

$241/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$15,055(+3.9%)

Key Takeaway

Homes in Lyon County have sold for 3.9% more than they did a year ago.

Summary: The median home sold price in Lyon County was $400,000 in September 2024, up 3.9% from last year, and the median price per square foot was $241.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $379K$342.5K
-9.6%
2 $280K$300K
+7.1%
3 $374.7K$385K
+2.7%
4 $440K$465K
+5.7%
5+ $542.5K$565.7K
+4.3%

Summary: Lyon County housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 9.6%, 2 bedroom homes increased by 7.1%, 3 bedroom homes increased by 2.7%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 4.3%.

Median Sold Price Compared To Nearby Counties

Mineral County
+18.9%
Douglas County
+13.0%
Washoe County
+6.1%
Lyon County
+3.9%

Housing Supply in Lyon County, NV

How many homes are available in Lyon County, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
375356-5.1%

Summary: The Lyon County real estate market had 356 homes for sale in September 2024, a 5.1% decrease compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 96
-33.3%
3 252241
-4.4%
4 9895
-3.1%
5+ 1614
-12.5%

Summary: The Lyon County housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
8379-4.8%

Asking Price vs. Sold Price

33 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, you may be able to get a good deal. 41.8% of homes here sold below asking price last month.

Summary: A total of 79 homes were sold or pending in Lyon County in September 2024, down by 4.8% month-over-month. Of the 79 sold homes, 42% were sold under asking, 42% were sold at asking, and 16% 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

Sep 2023Sep 2024CHANGE
76 Days92 Days+20.1%

Summary: Homes in Lyon County had an average of 92 days on market in Sep 2024, up by 20.1% compared to last year.

Breakdown of Home Sale Times

3 Homes Were Sold
Under 30 Days

48 Homes Were Sold
In 30 - 90 Days

28 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 September 2024, 79 homes were sold in Lyon County; 4% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 35% 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 24 Days Ago

Newest Listings in Lyon County, NV

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