Is MacDonald Highlands, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing MacDonald Highlands is a buyer's market

Buyer's
Market

Difference Since April 2023

Since last year, MacDonald Highlands has remained a Buyer's Market.

Key Takeaway

MacDonald Highlands is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in MacDonald Highlands, NV

How much do homes in MacDonald Highlands, NV cost?

Median Sold Price

$2,500,000

$617/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

+$100,000(+4.2%)

Key Takeaway

Homes in MacDonald Highlands have sold for 4.2% more than they did a year ago.

Summary: The median home sold price in MacDonald Highlands was $2,500,000 in April 2024, up 4.2% from last year, and the median price per square foot was $617.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $1.2M$2.1M
+71.2%
3 $2.1M$1.9M
-6.3%
4 $2.6M$3.0M
+16.0%
5+ $3.0M$3.9M
+32.5%

Summary: MacDonald Highlands 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 71.2%, 3 bedroom homes decreased by 6.3%, 4 bedroom homes increased by 16%, and 5+ bedroom homes increased by 32.5%.

Housing Supply in MacDonald Highlands, NV

How many homes are available in MacDonald Highlands, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
5255+5.8%

Summary: The MacDonald Highlands real estate market had 55 homes for sale in April 2024, a 5.8% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 02
+100.0%
3 1512
-20.0%
4 1111
0.0%
5+ 2630
+15.4%

Summary: The MacDonald Highlands 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 100%, 3 bedroom homes decreased by 20%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 15.4%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
83-62.5%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in MacDonald Highlands, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in MacDonald Highlands in April 2024, down by 62.5% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for MacDonald Highlands, NV

How long does it take to sell a home in MacDonald Highlands, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
170 Days58 Days-65.9%

Summary: Homes in MacDonald Highlands had an average of 58 days on market in Apr 2024, down by 65.9% compared to last year.

Breakdown of Home Sale Times

2 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

1 Home Was Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in MacDonald Highlands are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 3 homes were sold in MacDonald Highlands; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% 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 3 Days Ago

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