Is 89145, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89145 is a buyer's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 89145 was a Seller's Market.

Key Takeaway

89145 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in 89145, NV

How much do homes in 89145, NV cost?

Median Sold Price

$385,666

$253/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$42,666(+12.4%)

Key Takeaway

Homes in 89145 have sold for 12.4% more than they did a year ago.

Summary: The median home sold price in 89145 was $385,666 in September 2024, up 12.4% from last year, and the median price per square foot was $253.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $160K$190K
+18.8%
2 $250K$267.5K
+7.0%
3 $370K$408K
+10.3%
4 $436.5K$475K
+8.8%
5+ $575K$949.8K
+65.2%

Summary: 89145 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.8%, 2 bedroom homes increased by 7%, 3 bedroom homes increased by 10.3%, 4 bedroom homes increased by 8.8%, and 5+ bedroom homes increased by 65.2%.

Median Sold Price Compared To Nearby Zip Codes

89117
+12.9%
89145
+12.4%
89107
+7.6%
89128
+4.9%
89144
-1.3%

Housing Supply in 89145, NV

How many homes are available in 89145, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
150170+13.3%

Summary: The 89145 real estate market had 170 homes for sale in September 2024, a 13.3% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 89
+12.5%
2 4848
0.0%
3 5669
+23.2%
4 2631
+19.2%
5+ 1213
+8.3%

Summary: The 89145 housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.5%, 2 bedroom homes remained the same, 3 bedroom homes increased by 23.2%, 4 bedroom homes increased by 19.2%, and 5+ bedroom homes increased by 8.3%.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
3420-41.2%

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

8 Homes Were Sold
At Asking

2 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89145, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 20 homes were sold or pending in 89145 in September 2024, down by 41.2% month-over-month. Of the 20 sold homes, 50% were sold under asking, 40% were sold at asking, and 10% were sold over asking.

Days on Market for 89145, NV

How long does it take to sell a home in 89145, NV?

Average Sale Time

Sep 2023Sep 2024CHANGE
31 Days39 Days+24.3%

Summary: Homes in 89145 had an average of 39 days on market in Sep 2024, up by 24.3% compared to last year.

Breakdown of Home Sale Times

9 Homes Were Sold
Under 30 Days

8 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89145 are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 20 homes were sold in 89145; 45% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 15% 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 30 Days Ago

Newest Listings in 89145, NV

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