Beverly M. Vazquez, Listing Office: Keller Williams MarketPlace
89122 Housing Market Report December 2024•Clark County, Nevada
Housing Prices in 89122, NV
How much do homes in 89122, NV cost?
Housing Market Conditions
Is 89122, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
89122 is a Neutral Market
Difference Since December 2023
At the same time last year, 89122 was a Seller's Market.
89122 is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 89122 have sold for 7.1% more than they did a year ago.
Summary: The median home sold price in 89122 was $355,000 in December 2024, up 7.1% from last year, and the median price per square foot was $235.
Median Sold Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $165K | $175K | +6.1% |
22 Bedrooms | $254.9K | $271.4K | +6.5% |
33 Bedrooms | $340K | $360K | +5.9% |
44 Bedrooms | $363.8K | $385K | +5.8% |
55+ Bedrooms | $390K | $430K | +10.3% |
Summary: 89122 housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes increased by +6.1%. The home price for 2 bedroom homes increased by +6.5%. The home price for 3 bedroom homes increased by +5.9%. The home price for 4 bedroom homes increased by +5.8%. The home price for 5 bedroom homes increased by +10.3%.
Housing supply in 89122, NV
How many homes are available in 89122, NV?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
213Last MonthDec 2024 | ||
2082 months agoNov 2024 | +2.4 % Change MoMNov – Dec |
Summary: The 89122 real estate market had 213 homes for sale in Dec 2024, a 2.4 % increase compared to Nov 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
35Last MonthDec 2024 | ||
392 months agoNov 2024 | -10.3 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 9 | 9 | 0.0% |
22 Bedrooms | 38 | 42 | +10.5% |
33 Bedrooms | 107 | 108 | +0.9% |
44 Bedrooms | 44 | 46 | +4.5% |
55+ Bedrooms | 10 | 8 | -20.0% |
Summary: 89122 housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +10.5%. The inventory for 3 bedroom homes increased by +0.9%. The inventory for 4 bedroom homes increased by +4.5%. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in 89122, NV cost?
Over Asking Price8 Homes
At Asking Price14 Homes
Under Asking Price13 Homes
If you're buying a home in 89122, expect to pay close to the asking price. 40% of homes here sold near the asking price last month.
Summary: A total of 35 homes were sold or pending in 89122 in December 2024, down by 10.3% month-over-month. Of the 35 sold homes, 37% were sold under asking, 40% were sold at asking, and and 23% were sold over asking.
Days on Market for 89122, NV
How long does it take to sell a home in 89122, NV?
Breakdown of Home Sale Times
Under 30 Days19 Homes
30 – 90 Days13 Homes
Over 90 Days3 Homes
Many homes in 89122 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 35 homes were sold in 89122; 54% of homes were sold within 30 days, 37% of homes were sold within 30 to 90 days, and 9% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
35 DaysThis YearDec 2024 | ||
30 Days1 year agoDec 2023 | +15.3 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in 89122 had an average listing age of 35 days in Dec 2024, up by 15.3% compared to the previous year.
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MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 01/01/2023 - 01/01/2025
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: 1/30/2025, 3:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.