Is Mesquite, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 2023
At the same time last year, Mesquite was a Seller's Market.
Housing Prices in Mesquite, NV
How much do homes in Mesquite, NV cost?
Median Sold Price
$355,000
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Mesquite was $355,000 in February 2024, down 2.7% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | $119K | N/A |
2 Bedrooms | $235K | $345K | +46.8% |
3 Bedrooms | $394K | $357K | -9.4% |
4 Bedrooms | $393.5K | $369.4K | -6.1% |
5+ Bedrooms | - | - | N/A |
Summary: Mesquite housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 46.8%, 3 bedroom homes decreased by 9.4%, 4 bedroom homes decreased by 6.1%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
Mesquite | $365K | $355K | -2.7% |
Mesquite | $365K | $355K | -2.7% |
Housing Supply in Mesquite, NV
How many homes are available in Mesquite, NV?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
70 | 73 | +4.3% |
Summary: The Mesquite real estate market had 73 homes for sale in February 2024, a 4.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 21 | 26 | +23.8% |
3 Bedrooms | 35 | 34 | -2.9% |
4 Bedrooms | 13 | 12 | -7.7% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mesquite housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 23.8%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 7.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
13 | 10 | -23.1% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 10 homes were sold or pending in Mesquite in February 2024, down by 23.1% month-over-month. Of the 10 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
118 Days | 52 Days | -55.4% |
Summary: Homes in Mesquite had an average of 52 days on market in Feb 2024, down by 55.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During February 2024, 10 homes were sold in Mesquite; 60% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.