Is 89129, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, 89129 has remained a Seller's Market.
Housing Prices in 89129, NV
How much do homes in 89129, NV cost?
Median Sold Price
$429,166
$237/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in 89129 was $429,166 in April 2024, down 0.1% from last year, and the median price per square foot was $237.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $220.4K | $227.5K | +3.2% |
2 Bedrooms | $315K | $300K | -4.8% |
3 Bedrooms | $410K | $401.8K | -2.0% |
4 Bedrooms | $510K | $510K | 0.0% |
5+ Bedrooms | $622.5K | $610K | -2.0% |
Summary: 89129 housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 3.2%, 2 bedroom homes decreased by 4.8%, 3 bedroom homes decreased by 2%, 4 bedroom homes did not change, and 5+ bedroom homes decreased by 2%.
Housing Supply in 89129, NV
How many homes are available in 89129, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
217 | 242 | +11.5% |
Summary: The 89129 real estate market had 242 homes for sale in April 2024, a 11.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 26 | 31 | +19.2% |
3 Bedrooms | 93 | 105 | +12.9% |
4 Bedrooms | 60 | 68 | +13.3% |
5+ Bedrooms | 37 | 38 | +2.7% |
Summary: The 89129 housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes increased by 19.2%, 3 bedroom homes increased by 12.9%, 4 bedroom homes increased by 13.3%, and 5+ bedroom homes increased by 2.7%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
70 | 50 | -28.6% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
13 Homes Were Sold
At Asking
14 Homes Were Sold
Over Asking
Summary: A total of 50 homes were sold or pending in 89129 in April 2024, down by 28.6% month-over-month. Of the 50 sold homes, 46% were sold under asking, 26% were sold at asking, and 28% were sold over asking.
Days on Market for 89129, NV
How long does it take to sell a home in 89129, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
48 Days | 26 Days | -44.2% |
Summary: Homes in 89129 had an average of 26 days on market in Apr 2024, down by 44.2% compared to last year.
Breakdown of Home Sale Times
37 Homes Were Sold
Under 30 Days
9 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Summary: During April 2024, 50 homes were sold in 89129; 74% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.