Is Nye County, 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, Nye County was a Seller's Market.
Housing Prices in Nye County, NV
How much do homes in Nye County, NV cost?
Median Sold Price
$353,007
$195/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Nye County was $353,007 in February 2024, down 5.9% from last year, and the median price per square foot was $195.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $252.4K | $195K | -22.8% |
2 Bedrooms | $315K | $304.9K | -3.2% |
3 Bedrooms | $370K | $350K | -5.4% |
4 Bedrooms | $440K | $394.9K | -10.2% |
5+ Bedrooms | $450K | $455.7K | +1.3% |
Summary: Nye County housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 22.8%, 2 bedroom homes decreased by 3.2%, 3 bedroom homes decreased by 5.4%, 4 bedroom homes decreased by 10.2%, and 5+ bedroom homes increased by 1.3%.
Housing Supply in Nye County, NV
How many homes are available in Nye County, NV?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
310 | 330 | +6.5% |
Summary: The Nye County real estate market had 330 homes for sale in February 2024, a 6.5% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 3 | 5 | +66.7% |
2 Bedrooms | 29 | 38 | +31.0% |
3 Bedrooms | 197 | 199 | +1.0% |
4 Bedrooms | 65 | 69 | +6.2% |
5+ Bedrooms | 16 | 19 | +18.8% |
Summary: The Nye County housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 66.7%, 2 bedroom homes increased by 31%, 3 bedroom homes increased by 1%, 4 bedroom homes increased by 6.2%, and 5+ bedroom homes increased by 18.8%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
39 | 47 | +20.5% |
Asking Price vs. Sold Price
22 Homes Were Sold
Under Asking
19 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Summary: A total of 47 homes were sold or pending in Nye County in February 2024, up by 20.5% month-over-month. Of the 47 sold homes, 47% were sold under asking, 40% were sold at asking, and 13% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
70 Days | 76 Days | +9.6% |
Summary: Homes in Nye County had an average of 76 days on market in Feb 2024, up by 9.6% compared to last year.
Breakdown of Home Sale Times
18 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
19 Homes Were Sold
Over 90 Days
Summary: During February 2024, 47 homes were sold in Nye County; 38% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.