Is Nye County, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nye County is a seller's market

Buyer's
Market

Difference Since June 2023

Since last year, Nye County has remained a Seller's Market.

Key Takeaway

Nye County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nye County, NV

How much do homes in Nye County, NV cost?

Median Sold Price

$356,890

$198/sqft

Based on all homes sold in the last 12 months.

Difference Since June 2023

+$1,450(+0.4%)

Key Takeaway

The sold price of homes in Nye County has remained the same since last year.

Summary: The median home sold price in Nye County was $356,890 in June 2024, up 0.4% from last year, and the median price per square foot was $198.

Median Sold Price By Bedroom Count

# BEDSJun 2023Jun 2024CHANGE
1 $334.9K$144.5K
-56.9%
2 $309.9K$309.8K
0%
3 $350K$355K
+1.4%
4 $399.9K$420K
+5.0%
5+ $449.9K$461.5K
+2.6%

Summary: Nye County housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 56.9%, 2 bedroom homes did not change, 3 bedroom homes increased by 1.4%, 4 bedroom homes increased by 5%, and 5+ bedroom homes increased by 2.6%.

Median Sold Price Compared To Nearby Counties

Lincoln County
+29.7%
Churchill County
+5.5%
Mineral County
+2.9%
Nye County
0.4%

Housing Supply in Nye County, NV

How many homes are available in Nye County, NV?

Number of Homes For Sale

May 2024Jun 2024CHANGE
329339+3.0%

Summary: The Nye County real estate market had 339 homes for sale in June 2024, a 3.0% increase compared to May 2024.

Homes For Sale By Bedroom Count

# BEDSMay 2024Jun 2024CHANGE
1 1210
-16.7%
2 3329
-12.1%
3 204207
+1.5%
4 6470
+9.4%
5+ 1623
+43.8%

Summary: The Nye County housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes decreased by 12.1%, 3 bedroom homes increased by 1.5%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 43.8%.

Number of Homes Sold

May 2024Jun 2024CHANGE
7466-10.8%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

25 Homes Were Sold
At Asking

8 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nye County, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 66 homes were sold or pending in Nye County in June 2024, down by 10.8% month-over-month. Of the 66 sold homes, 50% were sold under asking, 38% were sold at asking, and 12% were sold over asking.

Days on Market for Nye County, NV

How long does it take to sell a home in Nye County, NV?

Average Sale Time

Jun 2023Jun 2024CHANGE
55 Days57 Days+4.1%

Summary: Homes in Nye County had an average of 57 days on market in Jun 2024, up by 4.1% compared to last year.

Breakdown of Home Sale Times

28 Homes Were Sold
Under 30 Days

17 Homes Were Sold
In 30 - 90 Days

18 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During June 2024, 66 homes were sold in Nye County; 42% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 27% 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 26 Days Ago

Newest Listings in Nye County, NV

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