Is Winchester, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Winchester was a Seller's Market.
Housing Prices in Winchester, NV
How much do homes in Winchester, NV cost?
Median Sold Price
$353,500
$241/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Summary: The median home sold price in Winchester was $353,500 in March 2024, up 2.4% from last year, and the median price per square foot was $241.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $193K | $201K | +4.1% |
2 Bedrooms | $295K | $318.7K | +8.1% |
3 Bedrooms | $380K | $375K | -1.3% |
4 Bedrooms | $390K | $405K | +3.8% |
5+ Bedrooms | $450K | $360K | -20.0% |
Summary: Winchester housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes increased by 4.1%, 2 bedroom homes increased by 8.1%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes decreased by 20%.
Median Sold Price Compared To Nearby Neighborhoods
Francisco Park | $352.5K | $375K | +6.4% |
Winchester | $345.3K | $353.5K | +2.4% |
Paradise Palms | $447.5K | $440K | -1.7% |
Housing Supply in Winchester, NV
How many homes are available in Winchester, NV?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
175 | 196 | +12.0% |
Summary: The Winchester real estate market had 196 homes for sale in March 2024, a 12.0% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 32 | 36 | +12.5% |
2 Bedrooms | 78 | 89 | +14.1% |
3 Bedrooms | 48 | 51 | +6.3% |
4 Bedrooms | 12 | 16 | +33.3% |
5+ Bedrooms | 5 | 4 | -20.0% |
Summary: The Winchester housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes increased by 14.1%, 3 bedroom homes increased by 6.3%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes decreased by 20%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
35 | 32 | -8.6% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
10 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Summary: A total of 32 homes were sold or pending in Winchester in March 2024, down by 8.6% month-over-month. Of the 32 sold homes, 53% were sold under asking, 31% were sold at asking, and 16% were sold over asking.
Days on Market for Winchester, NV
How long does it take to sell a home in Winchester, NV?
Average Sale Time
Mar 2023 | Mar 2024 | CHANGE |
---|---|---|
64 Days | 35 Days | -44.5% |
Summary: Homes in Winchester had an average of 35 days on market in Mar 2024, down by 44.5% compared to last year.
Breakdown of Home Sale Times
22 Homes Were Sold
Under 30 Days
7 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During March 2024, 32 homes were sold in Winchester; 69% of homes were sold within 30 days, 22% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.