89029 Housing Market Report January 2025Clark County, Nevada

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Housing Prices in 89029, NV

How much do homes in 89029, NV cost?

Housing Market Conditions

Is 89029, NV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

89029 is a Buyer's Market

Difference Since January 2024

At the same time last year, 89029 was a Seller's Market.

Insight

89029 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$247,450$185/SqFt
+$12,450
+5.3%

Based on all homes sold in the last 12 months

Insight

Homes in 89029 have sold for 5.3% more than they did a year ago.

Summary: The median home sold price in 89029 was $247,450 in January 2025, up 5.3% from last year, and the median price per square foot was $185.

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$120K$134K
+11.7%
2$187.5K$177.5K
-5.3%
3$305K$300K
-1.6%
4$390K$383K
-1.8%
5--
N/A

Summary: 89029 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.7%. The home price for 2 bedroom homes decreased by -5.3%. The home price for 3 bedroom homes decreased by -1.6%. The home price for 4 bedroom homes decreased by -1.8%. The home price for 5 bedroom homes did not change.

Housing supply in 89029, NV

How many homes are available in 89029, NV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
162Last MonthJan 2025
1302 months agoDec 2024
+24.6 %
Change MoMDec – Jan

Summary: The 89029 real estate market had 162 homes for sale in Jan 2025, a 24.6 % increase compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
8Last MonthJan 2025
122 months agoDec 2024
-33.3 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
11115
+36.4%
26984
+21.7%
33648
+33.3%
41415
+7.1%
500
0.0%

Summary: 89029 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +36.4%. The inventory for 2 bedroom homes increased by +21.7%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +7.1%. The inventory for 5 bedroom homes remained the same.

Asking Price vs. Sold Price

How much do homes in 89029, NV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price0 Home

Under Asking Price7 Homes

Insight

If you're buying a home in 89029, you may be able to get a good deal. 87.5% of homes here sold below asking price last month.

Summary: A total of 8 homes were sold or pending in 89029 in January 2025, down by 33.3% month-over-month. Of the 8 sold homes, 88% were sold under asking, 0% were sold at asking, and and 13% were sold over asking.

Days on Market for 89029, NV

How long does it take to sell a home in 89029, NV?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days3 Homes

Over 90 Days2 Homes

Insight

Many homes in 89029 are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 8 homes were sold in 89029; 38% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
54 DaysThis YearJan 2025
51 Days1 year agoJan 2024
+7.3 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in 89029 had an average listing age of 54 days in Jan 2025, up by 7.3% compared to the previous year.

Newest Listings in 89029, NV

What homes are available in 89029, NV?

Nearby markets

Nearby markets aren't available for 89029, NV

MLS Disclaimers and Copyright

Based on information from Greater Las Vegas MLS, Western Arizona Realtor Data Exchange, and Lake Havasu Association of REALTORS MLS for the period 02/01/2023 - 02/01/2025

IDX Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.

Copyright 2025 of the Greater Las Vegas Association of REALTORS® MLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 1:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Western Arizona Realtor Data Exchange (WARDEX). IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Service. Copyright © 2025 Western Arizona Realtor Data Exchange (WARDEX). All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 1:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
IDXCopyright © 2025 Lake Havasu Association of REALTORs®. All Rights Reserved. Information deemed reliable but not guaranteed. Listing information provided in part by the Lake Havasu Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/1/2025, 1:15:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.