Is Wellington, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Wellington was a Seller's Market.
Housing Prices in Wellington, NV
How much do homes in Wellington, NV cost?
Median Sold Price
$490,000
$265/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Wellington was $490,000 in April 2024, down 17.4% from last year, and the median price per square foot was $265.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $339.5K | $510K | +50.2% |
2 Bedrooms | $425K | $400K | -5.9% |
3 Bedrooms | $649.9K | $475K | -26.9% |
4 Bedrooms | $742.5K | $620K | -16.5% |
5+ Bedrooms | - | $762.5K | N/A |
Summary: Wellington housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 50.2%, 2 bedroom homes decreased by 5.9%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes decreased by 16.5%, and 5+ bedroom homes did not change.
Housing Supply in Wellington, NV
How many homes are available in Wellington, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
7 | 7 | 0.0% |
Summary: The Wellington real estate market had 7 homes for sale in April 2024, the same as March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 0 | 0 | 0.0% |
3 Bedrooms | 3 | 3 | 0.0% |
4 Bedrooms | 2 | 2 | 0.0% |
5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Wellington 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 remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
0 | 1 | +100.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in Wellington in April 2024, up by 100.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Wellington, NV
How long does it take to sell a home in Wellington, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
169 Days | 83 Days | -50.9% |
Summary: Homes in Wellington had an average of 83 days on market in Apr 2024, down by 50.9% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 1 homes were sold in Wellington; 0% of homes were sold within 30 days, 100% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.