$2,493 Closing Credit*
$209,900
970 SqFt
2 Beds
•1 Full Bath
John Larson, Listing Office: RE/MAX Ridge Realty
Is Mesquite, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since August 2023
At the same time last year, Mesquite was a Neutral Market.
Key Takeaway
Mesquite is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mesquite, NV
How much do homes in Mesquite, NV cost?
Median Sold Price
$355,000
$221/sqft
Based on all homes sold in the last 12 months.
Difference Since August 2023
-$9,975(-2.7%)
Key Takeaway
Homes in Mesquite have sold for 2.7% less than they did a year ago.
Summary: The median home sold price in Mesquite was $355,000 in August 2024, down 2.7% from last year, and the median price per square foot was $221.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119.5K | N/A |
| 2 Bedrooms | $355K | $325K | -8.5% |
| 3 Bedrooms | $367K | $369.2K | +0.6% |
| 4 Bedrooms | $379.9K | $359.9K | -5.3% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mesquite housing prices by bedroom type for August 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 0.6%, 4 bedroom homes decreased by 5.3%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mesquite | $364.9K | $355K | -2.7% |
| Mesquite | $364.9K | $355K | -2.7% |
Housing Supply in Mesquite, NV
How many homes are available in Mesquite, NV?
Number of Homes For Sale
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 58 | 57 | -1.7% |
Summary: The Mesquite real estate market had 57 homes for sale in August 2024, a 1.7% decrease compared to July 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 19 | 21 | +10.5% |
| 3 Bedrooms | 38 | 35 | -7.9% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mesquite housing inventory by bedroom type for August 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 7.9%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Jul 2024 | Aug 2024 | CHANGE |
|---|---|---|
| 13 | 15 | +15.4% |
Asking Price vs. Sold Price
11 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mesquite, you may be able to get a good deal. 73.3% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in Mesquite in August 2024, up by 15.4% month-over-month. Of the 15 sold homes, 73% were sold under asking, 20% were sold at asking, and 7% were sold over asking.
Days on Market for Mesquite, NV
How long does it take to sell a home in Mesquite, NV?
Average Sale Time
| Aug 2023 | Aug 2024 | CHANGE |
|---|---|---|
| 72 Days | 91 Days | +25.5% |
Summary: Homes in Mesquite had an average of 91 days on market in Aug 2024, up by 25.5% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
7 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Mesquite are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During August 2024, 15 homes were sold in Mesquite; 20% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.