New - 2 days on Rocket
$9,500 Closing Credit¹
#250001282, Joel Baker, Listing Office: Coldwell Banker Select Incline
89451 Housing Market Report January 2025•Washoe County, Nevada
Housing Prices in 89451, NV
How much do homes in 89451, NV cost?
Housing Market Conditions
Is 89451, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
89451 is a Buyer's Market
Difference Since January 2024
At the same time last year, 89451 was a Seller's Market.
Insight
89451 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$1,506,250$753/SqFt
+$256,250
+20.5%
Based on all homes sold in the last 12 months
Insight
Homes in 89451 have sold for 20.5% more than they did a year ago.
Summary: The median home sold price in 89451 was $1,506,250 in January 2025, up 20.5% from last year, and the median price per square foot was $753.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 89451 | $1.2M | $1.5M | +20.5% |
| 89704 | $707.4K | $824.9K | +16.6% |
| 89511 | $1.1M | $1.1M | -3.3% |
| 89703 | $642.5K | $619.3K | -3.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $630K | $550K | -12.7% |
| 22 Bedrooms | $867.5K | $910K | +4.9% |
| 33 Bedrooms | $1.2M | $1.0M | -15.4% |
| 44 Bedrooms | $1.9M | $2.3M | +24.3% |
| 55+ Bedrooms | $4.4M | $4.0M | -8.9% |
Summary: 89451 housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -12.7%. The home price for 2 bedroom homes increased by +4.9%. The home price for 3 bedroom homes decreased by -15.4%. The home price for 4 bedroom homes increased by +24.3%. The home price for 5 bedroom homes decreased by -8.9%.
Housing supply in 89451, NV
How many homes are available in 89451, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthJan 2025 | ||
| 552 months agoDec 2024 | -7.3 % Change MoMDec – Jan |
Summary: The 89451 real estate market had 51 homes for sale in Jan 2025, a 7.3 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 4Last MonthJan 2025 | ||
| 142 months agoDec 2024 | -71.4 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 13 | 12 | -7.7% |
| 33 Bedrooms | 22 | 21 | -4.5% |
| 44 Bedrooms | 7 | 7 | 0.0% |
| 55+ Bedrooms | 10 | 8 | -20.0% |
Summary: 89451 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 decreased by -7.7%. The inventory for 3 bedroom homes decreased by -4.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -20.0%.
Asking Price vs. Sold Price
How much do homes in 89451, NV cost?
Over Asking Price0 Home
At Asking Price2 Homes
Under Asking Price2 Homes
Insight
If you're buying a home in 89451, 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 89451 in January 2025, down by 71.4% month-over-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 89451, NV
How long does it take to sell a home in 89451, NV?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in 89451 are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 4 homes were sold in 89451; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 47 DaysThis YearJan 2025 | ||
| 135 Days1 year agoJan 2024 | -64.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in 89451 had an average listing age of 47 days in Jan 2025, down by 64.9% compared to the previous year.
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Newest Listings in 89451, NV
What homes are available in 89451, NV?
New - 2 days on Rocket
$10,000 Closing Credit¹
#250001254, Peg Augustus, Listing Office: Lakeshore Realty
New - 5 days on Rocket
$10,000 Closing Credit¹
#250001134, Alvin Steinberg, Listing Office: Coldwell Banker Select Incline
New - 7 days on Rocket
$10,000 Closing Credit¹
#250001038, Ina Haupt, Listing Office: Premier Properties of Lk Tahoe
#250000981, Jean Merkelbach, Listing Office: Engel & Volkers Lake Tahoe
$10,000 Closing Credit¹
#250000953, Jane Rubsamen, Listing Office: Chase International
$10,000 Closing Credit¹
#250000903, Bruce Simonian, Listing Office: eXp Realty, LLC
$8,538 Closing Credit¹
#250000868, Pamela Fernandez, Listing Office: Lakeshore Realty
#250000766, Diane Brown, Listing Office: Sierra Sothebys International
$8,966 Closing Credit¹
#250000537, Jordan Ames, Listing Office: eXp Realty, LLC
$8,051 Closing Credit¹
#250000532, Dusty LeBlanc, Listing Office: Coldwell Banker Select Incline
$10,000 Closing Credit¹
#250000519, Jordan Ames, Listing Office: eXp Realty, LLC
Nearby markets
Nearby markets aren't available for 89451, 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
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: 2/6/2025, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.