$3,027 Closing Credit*
$254,900
1,177 SqFt
2 Beds
•2 Full Baths
Tanya Smith, Listing Office: LIFE Realty District
Is 89120, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, 89120 has remained a Seller's Market.
Key Takeaway
89120 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 89120, NV
How much do homes in 89120, NV cost?
Median Sold Price
$380,000
$225/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$40,000(+11.8%)
Key Takeaway
Homes in 89120 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 89120 was $380,000 in September 2024, up 11.8% from last year, and the median price per square foot was $225.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $167.5K | $177.5K | +6.0% |
| 2 Bedrooms | $226K | $224K | -0.9% |
| 3 Bedrooms | $365K | $367.5K | +0.7% |
| 4 Bedrooms | $460K | $480K | +4.3% |
| 5+ Bedrooms | $763.5K | $642.5K | -15.8% |
Summary: 89120 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 6%, 2 bedroom homes decreased by 0.9%, 3 bedroom homes increased by 0.7%, 4 bedroom homes increased by 4.3%, and 5+ bedroom homes decreased by 15.8%.
Housing Supply in 89120, NV
How many homes are available in 89120, NV?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 145 | 161 | +11.0% |
Summary: The 89120 real estate market had 161 homes for sale in September 2024, a 11.0% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 32 | 32 | 0.0% |
| 3 Bedrooms | 44 | 49 | +11.4% |
| 4 Bedrooms | 46 | 52 | +13.0% |
| 5+ Bedrooms | 22 | 27 | +22.7% |
Summary: The 89120 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 11.4%, 4 bedroom homes increased by 13%, and 5+ bedroom homes increased by 22.7%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 23 | 27 | +17.4% |
Asking Price vs. Sold Price
16 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 89120, you may be able to get a good deal. 59.3% of homes here sold below asking price last month.
Summary: A total of 27 homes were sold or pending in 89120 in September 2024, up by 17.4% month-over-month. Of the 27 sold homes, 59% were sold under asking, 11% were sold at asking, and 30% were sold over asking.
Days on Market for 89120, NV
How long does it take to sell a home in 89120, NV?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 23 Days | 45 Days | +92.3% |
Summary: Homes in 89120 had an average of 45 days on market in Sep 2024, up by 92.3% compared to last year.
Breakdown of Home Sale Times
12 Homes Were Sold
Under 30 Days
10 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in 89120 are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 27 homes were sold in 89120; 44% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.