1 day on Rocket
$2,316 Closing Credit¹
#250003038, Beverly Smith, Listing Office: RE/MAX Country
89447 Housing Market Report February 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 Neutral Market
Difference Since February 2024
At the same time last year, 89447 was a Seller's Market.
Insight
89447 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
$300,000$196/SqFt
+$38,000
+14.5%
Based on all homes sold in the last 12 months
Insight
Homes in 89447 have sold for 14.5% more than they did a year ago.
Summary: The median home sold price in 89447 was $300,000 in February 2025, up 14.5% from last year, and the median price per square foot was $196.
Median Sold Price By Zip Codes
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 89447 | $262K | $300K | +14.5% |
| 89403 | $440K | $455K | +3.4% |
| 89415 | $189.5K | $165K | -12.9% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $380K | $179.2K | -52.8% |
| 22 Bedrooms | $210K | $257.5K | +22.6% |
| 33 Bedrooms | $295K | $302K | +2.4% |
| 44 Bedrooms | $306.4K | $425K | +38.7% |
| 55+ Bedrooms | $420K | - | N/A |
Summary: 89447 housing price by bedroom type for February 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 +22.6%. The home price for 3 bedroom homes increased by +2.4%. The home price for 4 bedroom homes increased by +38.7%. The home price for 5 bedroom homes did not change.
How does 89447, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
89447, NV
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 MonthFeb 2025 | ||
| 212 months agoJan 2025 | -4.8 % Change MoMJan – Feb |
Summary: The 89447 real estate market had 20 homes for sale in Feb 2025, a 4.8 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthFeb 2025 | ||
| 42 months agoJan 2025 | -25.0 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 4 | +33.3% |
| 33 Bedrooms | 16 | 15 | -6.3% |
| 44 Bedrooms | 2 | 1 | -50.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: 89447 housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes decreased by -6.3%. The inventory for 4 bedroom homes decreased by -50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in 89447, NV cost?
Over Asking Price1 Home
At Asking Price0 Home
Under Asking Price2 Homes
Insight
If you're buying a home in 89447, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 3 homes were sold or pending in 89447 in February 2025, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 0% were sold at asking, and and 33% 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 Days1 Home
Over 90 Days2 Homes
Insight
Most homes in 89447 are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 3 homes were sold in 89447; 0% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 67% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 119 DaysThis YearFeb 2025 | ||
| 179 Days1 year agoFeb 2024 | -33.5 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 89447 had an average listing age of 119 days in Feb 2025, down by 33.5% compared to the previous year.
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Newest Listings in 89447, NV
What homes are available in 89447, NV?
#250002452, Michael Roberson, Listing Office: Roberson Realty
#250002132, Michele Blair, Listing Office: Coldwell Banker Select Fernley
#250002131, Michele Blair, Listing Office: Coldwell Banker Select Fernley
#250002058, Michael Roberson, Listing Office: Roberson Realty
#250001977, Eric Bodenstein, Listing Office: RE/MAX Country
$3,264 Closing Credit¹
#250001910, Steve O'Brien, Listing Office: RE/MAX Professionals-Reno
$7,184 Closing Credit¹
#250001894, Melissa Lan, Listing Office: RE/MAX Professionals-Reno
#250001789, Dennis McDuffee, Listing Office: Intero
#250001790, Dennis McDuffee, Listing Office: Intero
#250001667, Mandi Drake, Listing Office: RE/MAX Country
#250001664, Dennis McDuffee, Listing Office: Intero
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 03/01/2023 - 03/01/2025
Copyright © 2025 Northern Nevada Regional MLS. All rights reserved. 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: 3/14/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.