Is Nye County, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 2023
Since last year, Nye County has remained a Seller's Market.
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
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
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $334.9K | $144.5K | -56.9% |
2 Bedrooms | $309.9K | $309.8K | 0% |
3 Bedrooms | $350K | $355K | +1.4% |
4 Bedrooms | $399.9K | $420K | +5.0% |
5+ Bedrooms | $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 | $185K | $240K | +29.7% |
Churchill County | $350K | $369.1K | +5.5% |
Mineral County | $175K | $180K | +2.9% |
Nye County | $355.4K | $356.8K | 0.4% |
Housing Supply in Nye County, NV
How many homes are available in Nye County, NV?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
329 | 339 | +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
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 12 | 10 | -16.7% |
2 Bedrooms | 33 | 29 | -12.1% |
3 Bedrooms | 204 | 207 | +1.5% |
4 Bedrooms | 64 | 70 | +9.4% |
5+ Bedrooms | 16 | 23 | +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 2024 | Jun 2024 | CHANGE |
---|---|---|
74 | 66 | -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
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 2023 | Jun 2024 | CHANGE |
---|---|---|
55 Days | 57 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
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.