15 hours on Rocket
#250053536, Laura Kirsch, Listing office: Marmot Properties, LLC
89501 Housing Market Report June 2025•Washoe County, Nevada
Housing Prices in 89501, NV
How much do homes in 89501, NV cost?
Housing Market Conditions
Is 89501, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
89501 is a Buyer's Market
Difference Since June 2024
At the same time last year, 89501 was a Seller's Market.
Insight
89501 is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$425,000$380/SqFt
+$45,000
+11.8%
Based on all homes sold in the last 12 months
Insight
Homes in 89501 have sold for 11.8% more than they did a year ago.
Summary: The median home sold price in 89501 was $425,000 in June 2025, up 11.8% from last year, and the median price per square foot was $380.
Median Sold Price By Zip Codes
| City | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 89501 | $380K | $425K | +11.8% |
| 89502 | $409.2K | $450K | +10.0% |
| 89509 | $675K | $705K | +4.4% |
| 89503 | $440K | $452.9K | +2.9% |
| 89512 | $361.9K | $350K | -3.3% |
Median Sold Price By Bedrooms
| Beds | Jun 2024 | Jun 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $320K | $305K | -4.7% |
| 22 Bedrooms | $528K | $524.5K | -0.7% |
| 33 Bedrooms | $1.5M | $1.8M | +23.8% |
| 44 Bedrooms | $2.4M | $1.5M | -37.7% |
| 55+ Bedrooms | - | $2.2M | N/A |
Summary: 89501 housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -4.7%. The home price for 2 bedroom homes decreased by -0.7%. The home price for 3 bedroom homes increased by +23.8%. The home price for 4 bedroom homes decreased by -37.7%. The home price for 5 bedroom homes did not change.
How does 89501, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
89501, NV
Housing supply in 89501, NV
How many homes are available in 89501, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 59Last MonthJun 2025 | ||
| 542 months agoMay 2025 | +9.3 % Change MoMMay – Jun |
Summary: The 89501 real estate market had 59 homes for sale in Jun 2025, a 9.3 % increase compared to May 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 6Last MonthJun 2025 | ||
| 62 months agoMay 2025 | 0.0 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
| Beds | May 2025 | Jun 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 27 | 31 | +14.8% |
| 22 Bedrooms | 19 | 20 | +5.3% |
| 33 Bedrooms | 2 | 3 | +50.0% |
| 44 Bedrooms | 2 | 2 | 0.0% |
| 55+ Bedrooms | 4 | 3 | -25.0% |
Summary: 89501 housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +14.8%. The inventory for 2 bedroom homes increased by +5.3%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -25.0%.
Asking Price vs. Sold Price
How much do homes in 89501, NV cost?
Over Asking Price0 Home
At Asking Price0 Home
Under Asking Price6 Homes
Insight
If you're buying a home in 89501, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 6 homes were sold or pending in 89501 in June 2025, the same as the previous month. Of the 6 sold homes, 100% were sold under asking, 0% were sold at asking, and and 0% were sold over asking.
Days on Market for 89501, NV
How long does it take to sell a home in 89501, NV?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days4 Homes
Over 90 Days2 Homes
Insight
Avg time on Rocket Homes in 89501 has remained consistent over time.
Summary: During June 2025, 6 homes were sold in 89501; 0% of homes were sold within 30 days, 67% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 82 DaysThis YearJun 2025 | ||
| 241 Days1 year agoJun 2024 | -66.0 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in 89501 had an average listing age of 82 days in Jun 2025, down by 66.0% compared to the previous year.
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Newest Listings in 89501, NV
What homes are available in 89501, NV?
6 days on Rocket
#250053263, Samantha Reveley, Listing office: Dickson Realty - Downtown
7 days on Rocket
#250053240, Hollie Fraga, Listing office: Fathom Realty
7 days on Rocket
#250053197, Lesley Reilly, Listing office: Ferrari-Lund R.E. Sparks
#250052838, Kristine Calder, Listing office: Haute Properties NV
Backup offers
#250052414, Erika Lamb, Listing office: Welcome Home
#250052412, Philip Sunseri, Jon Boswell, Listing office: Desert Diamonds Realty, Inc.
#250052234, Hope Lewis, Listing office: Keller Williams Group One Inc.
#250052180, Joseph Wieczorek, Listing office: Dickson Realty - Downtown
#250052169, Christopher Moton, Listing office: Marmot Properties, LLC
#250051796, Megan Lowe, Listing office: Chase International-Damonte
#250051704, Samantha Reveley, Listing office: Dickson Realty - Downtown
Nearby markets
Nearby markets aren't available for 89501, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 07/01/2023 - 07/01/2025
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: 7/25/2025, 12:50:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.