Is Wann, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Wann is a seller's market

Buyer's
Market

Difference Since April 2023

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

Key Takeaway

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

Housing Prices in Wann, NV

How much do homes in Wann, NV cost?

Median Sold Price

$409,982

$212/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,018(-2.4%)

Key Takeaway

Homes in Wann have sold for 2.4% less than they did a year ago.

Summary: The median home sold price in Wann was $409,982 in April 2024, down 2.4% from last year, and the median price per square foot was $212.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 --
N/A
2 $395K$399.9K
+1.2%
3 $394.5K$390K
-1.1%
4 $436.3K$422.7K
-3.1%
5+ $482K$467K
-3.1%

Summary: Wann housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 1.1%, 4 bedroom homes decreased by 3.1%, and 5+ bedroom homes decreased by 3.1%.

Housing Supply in Wann, NV

How many homes are available in Wann, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
297327+10.1%

Summary: The Wann real estate market had 327 homes for sale in April 2024, a 10.1% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 00
0.0%
2 2528
+12.0%
3 137146
+6.6%
4 106119
+12.3%
5+ 2934
+17.2%

Summary: The Wann housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 12%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 12.3%, and 5+ bedroom homes increased by 17.2%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
6597+49.2%

Asking Price vs. Sold Price

40 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

24 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Wann, you may be able to get a good deal. 41.2% of homes here sold below asking price last month.

Summary: A total of 97 homes were sold or pending in Wann in April 2024, up by 49.2% month-over-month. Of the 97 sold homes, 41% were sold under asking, 34% were sold at asking, and 25% were sold over asking.

Days on Market for Wann, NV

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

Average Sale Time

Apr 2023Apr 2024CHANGE
55 Days41 Days-24.2%

Summary: Homes in Wann had an average of 41 days on market in Apr 2024, down by 24.2% compared to last year.

Breakdown of Home Sale Times

56 Homes Were Sold
Under 30 Days

30 Homes Were Sold
In 30 - 90 Days

11 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 97 homes were sold in Wann; 58% of homes were sold within 30 days, 31% of homes were sold within 30 to 90 days, and 11% 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 4 Days Ago

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