Is 89149, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing 89149 is a neutral's market

Buyer's
Market

Difference Since September 2023

At the same time last year, 89149 was a Seller's Market.

Key Takeaway

89149 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in 89149, NV

How much do homes in 89149, NV cost?

Median Sold Price

$458,944

$244/sqft

Based on all homes sold in the last 12 months.

Difference Since September 2023

+$30,944(+7.2%)

Key Takeaway

Homes in 89149 have sold for 7.2% more than they did a year ago.

Summary: The median home sold price in 89149 was $458,944 in September 2024, up 7.2% from last year, and the median price per square foot was $244.

Median Sold Price By Bedroom Count

# BEDSSep 2023Sep 2024CHANGE
1 $202K$197.8K
-2.1%
2 $295K$319.5K
+8.3%
3 $380K$406.3K
+6.9%
4 $555K$665K
+19.8%
5+ $761.2K$862.4K
+13.3%

Summary: 89149 housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 2.1%, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 6.9%, 4 bedroom homes increased by 19.8%, and 5+ bedroom homes increased by 13.3%.

Median Sold Price Compared To Nearby Zip Codes

89149
+7.2%
89130
+5.8%
89129
+3.6%
89143
+3.3%
89131
+1.1%

Housing Supply in 89149, NV

How many homes are available in 89149, NV?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
244268+9.8%

Summary: The 89149 real estate market had 268 homes for sale in September 2024, a 9.8% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 00
0.0%
2 2833
+17.9%
3 8891
+3.4%
4 90106
+17.8%
5+ 3838
0.0%

Summary: The 89149 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 increased by 17.9%, 3 bedroom homes increased by 3.4%, 4 bedroom homes increased by 17.8%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
6341-34.9%

Asking Price vs. Sold Price

22 Homes Were Sold
Under Asking

12 Homes Were Sold
At Asking

7 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in 89149, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.

Summary: A total of 41 homes were sold or pending in 89149 in September 2024, down by 34.9% month-over-month. Of the 41 sold homes, 54% were sold under asking, 29% were sold at asking, and 17% were sold over asking.

Days on Market for 89149, NV

How long does it take to sell a home in 89149, NV?

Average Sale Time

Sep 2023Sep 2024CHANGE
45 Days31 Days-30.7%

Summary: Homes in 89149 had an average of 31 days on market in Sep 2024, down by 30.7% compared to last year.

Breakdown of Home Sale Times

23 Homes Were Sold
Under 30 Days

14 Homes Were Sold
In 30 - 90 Days

4 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in 89149 are selling fast, if you're buying plan to act quickly.

Summary: During September 2024, 41 homes were sold in 89149; 56% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 10% 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 89149, NV

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