#2652646, Craig Tann, Listing Office: Huntington & Ellis, A Real Est
89178 Housing Market Report January 2025•Clark County, Nevada
Housing Prices in 89178, NV
How much do homes in 89178, NV cost?
Housing Market Conditions
Is 89178, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
89178 is a Buyer's Market
Difference Since January 2024
At the same time last year, 89178 was a Seller's Market.
89178 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 89178 have sold for 5.6% more than they did a year ago.
Summary: The median home sold price in 89178 was $470,000 in January 2025, up 5.6% from last year, and the median price per square foot was $248.
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | - | - | N/A |
22 Bedrooms | $337K | $332K | -1.5% |
33 Bedrooms | $426.6K | $445K | +4.3% |
44 Bedrooms | $479K | $525K | +9.6% |
55+ Bedrooms | $610K | $750K | +23.0% |
Summary: 89178 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -1.5%. The home price for 3 bedroom homes increased by +4.3%. The home price for 4 bedroom homes increased by +9.6%. The home price for 5 bedroom homes increased by +23.0%.
Housing supply in 89178, NV
How many homes are available in 89178, NV?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
215Last MonthJan 2025 | ||
1802 months agoDec 2024 | +19.4 % Change MoMDec – Jan |
Summary: The 89178 real estate market had 215 homes for sale in Jan 2025, a 19.4 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
28Last MonthJan 2025 | ||
432 months agoDec 2024 | -34.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 0 | 0 | 0.0% |
22 Bedrooms | 15 | 22 | +46.7% |
33 Bedrooms | 73 | 96 | +31.5% |
44 Bedrooms | 67 | 66 | -1.5% |
55+ Bedrooms | 25 | 31 | +24.0% |
Summary: 89178 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +46.7%. The inventory for 3 bedroom homes increased by +31.5%. The inventory for 4 bedroom homes decreased by -1.5%. The inventory for 5 bedroom homes increased by +24.0%.
Asking Price vs. Sold Price
How much do homes in 89178, NV cost?
Over Asking Price8 Homes
At Asking Price6 Homes
Under Asking Price14 Homes
If you're buying a home in 89178, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 28 homes were sold or pending in 89178 in January 2025, down by 34.9% month-over-month. Of the 28 sold homes, 50% were sold under asking, 21% were sold at asking, and and 29% were sold over asking.
Days on Market for 89178, NV
How long does it take to sell a home in 89178, NV?
Breakdown of Home Sale Times
Under 30 Days10 Homes
30 – 90 Days12 Homes
Over 90 Days6 Homes
Avg time on Rocket Homes in 89178 has remained consistent over time.
Summary: During January 2025, 28 homes were sold in 89178; 36% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 21% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
52 DaysThis YearJan 2025 | ||
40 Days1 year agoJan 2024 | +27.3 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 89178 had an average listing age of 52 days in Jan 2025, up by 27.3% compared to the previous year.
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MLS Disclaimers and Copyright
Based on information from Greater Las Vegas MLS, for the period 02/01/2023 - 02/01/2025
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: 2/7/2025, 5:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.