#250001547, Lolis Vazquez, Listing Office: Reno Sparks Realty, LLC
89447 Housing Market Report January 2025•Lyon County, Nevada
Housing Prices in 89447, NV
How much do homes in 89447, NV cost?
Housing Market Conditions
Is 89447, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
89447 is a Seller's Market
Difference Since January 2024
At the same time last year, 89447 was a Buyer's Market.
89447 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in 89447 have sold for 17.8% more than they did a year ago.
Summary: The median home sold price in 89447 was $297,500 in January 2025, up 17.8% from last year, and the median price per square foot was $196.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
89447 | $252.5K | $297.5K | +17.8% |
89403 | $439.9K | $453.7K | +3.1% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $380K | $179.2K | -52.8% |
22 Bedrooms | $210K | $211K | 0.5% |
33 Bedrooms | $297.5K | $304K | +2.2% |
44 Bedrooms | $287.9K | $425K | +47.6% |
55+ Bedrooms | $420K | - | N/A |
Summary: 89447 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -52.8%. The home price for 2 bedroom homes increased by 0.5%. The home price for 3 bedroom homes increased by +2.2%. The home price for 4 bedroom homes increased by +47.6%. The home price for 5 bedroom homes did not change.
Housing supply in 89447, NV
How many homes are available in 89447, NV?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
20Last MonthJan 2025 | ||
222 months agoDec 2024 | -9.1 % Change MoMDec – Jan |
Summary: The 89447 real estate market had 20 homes for sale in Jan 2025, a 9.1 % decrease compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthJan 2025 | ||
42 months agoDec 2024 | 0.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 1 | 0 | -100.0% |
22 Bedrooms | 2 | 2 | 0.0% |
33 Bedrooms | 17 | 16 | -5.9% |
44 Bedrooms | 2 | 2 | 0.0% |
55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 89447 housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -100.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -5.9%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 89447, NV cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price2 Homes
If you're buying a home in 89447, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in 89447 in January 2025, the same as the previous month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and and 0% were sold over asking.
Days on Market for 89447, NV
How long does it take to sell a home in 89447, NV?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days4 Homes
Most homes in 89447 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During January 2025, 4 homes were sold in 89447; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
195 DaysThis YearJan 2025 | ||
135 Days1 year agoJan 2024 | +45.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 89447 had an average listing age of 195 days in Jan 2025, up by 45.0% compared to the previous year.
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Newest Listings in 89447, NV
What homes are available in 89447, NV?
Nearby markets
Nearby markets aren't available for 89447, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 02/01/2023 - 02/01/2025
![IDX](https://rocket.com/homes/mls-logos/idx.png)
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/11/2025, 11:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.