Is Winchester, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Winchester was a Seller's Market.
Housing Prices in Winchester, NV
How much do homes in Winchester, NV cost?
Median Sold Price
$355,000
$244/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Winchester was $355,000 in April 2024, up 2.8% from last year, and the median price per square foot was $244.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $196.5K | $200K | +1.8% |
2 Bedrooms | $295K | $328.5K | +11.4% |
3 Bedrooms | $380K | $375K | -1.3% |
4 Bedrooms | $400K | $425K | +6.3% |
5+ Bedrooms | $435K | $366K | -15.9% |
Summary: Winchester housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 1.8%, 2 bedroom homes increased by 11.4%, 3 bedroom homes decreased by 1.3%, 4 bedroom homes increased by 6.3%, and 5+ bedroom homes decreased by 15.9%.
Median Sold Price Compared To Nearby Neighborhoods
Francisco Park | $355K | $375K | +5.6% |
Winchester | $345.3K | $355K | +2.8% |
Paradise Palms | $445K | $446.5K | 0.3% |
Housing Supply in Winchester, NV
How many homes are available in Winchester, NV?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
182 | 225 | +23.6% |
Summary: The Winchester real estate market had 225 homes for sale in April 2024, a 23.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 33 | 37 | +12.1% |
2 Bedrooms | 81 | 105 | +29.6% |
3 Bedrooms | 49 | 56 | +14.3% |
4 Bedrooms | 15 | 21 | +40.0% |
5+ Bedrooms | 4 | 6 | +50.0% |
Summary: The Winchester housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 12.1%, 2 bedroom homes increased by 29.6%, 3 bedroom homes increased by 14.3%, 4 bedroom homes increased by 40%, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
33 | 28 | -15.2% |
Asking Price vs. Sold Price
20 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Summary: A total of 28 homes were sold or pending in Winchester in April 2024, down by 15.2% month-over-month. Of the 28 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Winchester, NV
How long does it take to sell a home in Winchester, NV?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
63 Days | 29 Days | -53.3% |
Summary: Homes in Winchester had an average of 29 days on market in Apr 2024, down by 53.3% compared to last year.
Breakdown of Home Sale Times
19 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
3 Homes Were Sold
Over 90 Days
Summary: During April 2024, 28 homes were sold in Winchester; 68% of homes were sold within 30 days, 21% of homes were sold within 30 to 90 days, and 11% of homes were sold over 90 days.