Is Mineral County, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Mineral County was a Buyer's Market.
Key Takeaway
Mineral County is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Mineral County, NV
How much do homes in Mineral County, NV cost?
Median Sold Price
$180,000
$118/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Mineral County have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in Mineral County was $180,000 in May 2024, up 2.9% from last year, and the median price per square foot was $118.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $25.5K | $72.5K | +184.3% |
| 2 Bedrooms | $152.5K | $115K | -24.6% |
| 3 Bedrooms | $180K | $200K | +11.1% |
| 4 Bedrooms | $138.3K | $222K | +60.4% |
| 5+ Bedrooms | $241K | - | N/A |
Summary: Mineral County housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes increased by 184.3%, 2 bedroom homes decreased by 24.6%, 3 bedroom homes increased by 11.1%, 4 bedroom homes increased by 60.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Counties
| Churchill County | $349.9K | $365.9K | +4.6% |
| Mineral County | $175K | $180K | +2.9% |
| Nye County | $363.3K | $357.3K | -1.6% |
| Lyon County | $397.5K | $390K | -1.9% |
Housing Supply in Mineral County, NV
How many homes are available in Mineral County, NV?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 20 | 19 | -5.0% |
Summary: The Mineral County real estate market had 19 homes for sale in May 2024, a 5.0% decrease compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 9 | 8 | -11.1% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Mineral County housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 11.1%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 4 | 3 | -25.0% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Mineral County, 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 Mineral County in May 2024, down by 25.0% 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 Mineral County, NV
How long does it take to sell a home in Mineral County, NV?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 69 Days | 164 Days | +137.7% |
Summary: Homes in Mineral County had an average of 164 days on market in May 2024, up by 137.7% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Mineral County are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During May 2024, 3 homes were sold in Mineral County; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
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