Is North Cheyenne, 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, North Cheyenne has remained a Seller's Market.
Housing Prices in North Cheyenne, NV
How much do homes in North Cheyenne, NV cost?
Median Sold Price
$405,000
$234/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in North Cheyenne was $405,000 in April 2024, down 2.4% from last year, and the median price per square foot was $234.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $275K | $275K | 0.0% |
3 Bedrooms | $405K | $400K | -1.2% |
4 Bedrooms | $495K | $480K | -3.0% |
5+ Bedrooms | $530.5K | $586K | +10.4% |
Summary: North Cheyenne housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 1.2%, 4 bedroom homes decreased by 3%, and 5+ bedroom homes increased by 10.4%.
Housing Supply in North Cheyenne, NV
How many homes are available in North Cheyenne, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
199 | 215 | +8.0% |
Summary: The North Cheyenne real estate market had 215 homes for sale in April 2024, a 8.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 37 | 40 | +8.1% |
3 Bedrooms | 106 | 113 | +6.6% |
4 Bedrooms | 46 | 50 | +8.7% |
5+ Bedrooms | 10 | 12 | +20.0% |
Summary: The North Cheyenne housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 8.1%, 3 bedroom homes increased by 6.6%, 4 bedroom homes increased by 8.7%, and 5+ bedroom homes increased by 20%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
48 | 57 | +18.8% |
Asking Price vs. Sold Price
23 Homes Were Sold
Under Asking
16 Homes Were Sold
At Asking
18 Homes Were Sold
Over Asking
Summary: A total of 57 homes were sold or pending in North Cheyenne in April 2024, up by 18.8% month-over-month. Of the 57 sold homes, 40% were sold under asking, 28% were sold at asking, and 32% were sold over asking.
Days on Market for North Cheyenne, NV
How long does it take to sell a home in North Cheyenne, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 28 Days | -37.6% |
Summary: Homes in North Cheyenne had an average of 28 days on market in Apr 2024, down by 37.6% compared to last year.
Breakdown of Home Sale Times
39 Homes Were Sold
Under 30 Days
15 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 57 homes were sold in North Cheyenne; 68% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 5% of homes were sold over 90 days.