Is Enterprise, 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, Enterprise has remained a Seller's Market.
Housing Prices in Enterprise, NV
How much do homes in Enterprise, NV cost?
Median Sold Price
$458,911
$238/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Enterprise was $458,911 in April 2024, down 2% from last year, and the median price per square foot was $238.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $225K | $222K | -1.3% |
2 Bedrooms | $315K | $310K | -1.6% |
3 Bedrooms | $435.4K | $425K | -2.4% |
4 Bedrooms | $533.5K | $525.3K | -1.5% |
5+ Bedrooms | $712.5K | $698.9K | -1.9% |
Summary: Enterprise housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 1.3%, 2 bedroom homes decreased by 1.6%, 3 bedroom homes decreased by 2.4%, 4 bedroom homes decreased by 1.5%, and 5+ bedroom homes decreased by 1.9%.
Median Sold Price Compared To Nearby Neighborhoods
Southern Highlands | $547.9K | $555K | +1.3% |
Enterprise | $468.4K | $458.9K | -2.0% |
Housing Supply in Enterprise, NV
How many homes are available in Enterprise, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
686 | 765 | +11.5% |
Summary: The Enterprise real estate market had 765 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 | 13 | 18 | +38.5% |
2 Bedrooms | 80 | 90 | +12.5% |
3 Bedrooms | 258 | 293 | +13.6% |
4 Bedrooms | 218 | 223 | +2.3% |
5+ Bedrooms | 117 | 141 | +20.5% |
Summary: The Enterprise housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 38.5%, 2 bedroom homes increased by 12.5%, 3 bedroom homes increased by 13.6%, 4 bedroom homes increased by 2.3%, and 5+ bedroom homes increased by 20.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
165 | 194 | +17.6% |
Asking Price vs. Sold Price
98 Homes Were Sold
Under Asking
46 Homes Were Sold
At Asking
50 Homes Were Sold
Over Asking
Summary: A total of 194 homes were sold or pending in Enterprise in April 2024, up by 17.6% month-over-month. Of the 194 sold homes, 51% were sold under asking, 24% were sold at asking, and 26% were sold over asking.
Days on Market for Enterprise, NV
How long does it take to sell a home in Enterprise, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
52 Days | 31 Days | -40.3% |
Summary: Homes in Enterprise had an average of 31 days on market in Apr 2024, down by 40.3% compared to last year.
Breakdown of Home Sale Times
138 Homes Were Sold
Under 30 Days
39 Homes Were Sold
In 30 - 90 Days
17 Homes Were Sold
Over 90 Days
Summary: During April 2024, 194 homes were sold in Enterprise; 71% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.