New - 2 days on Rocket
$7,124 Closing Credit¹
#250002443, Michael Wood, Listing Office: RE/MAX Professionals-Reno
89703 Housing Market Report February 2025•Carson City County, Nevada
Housing Prices in 89703, NV
How much do homes in 89703, NV cost?
Housing Market Conditions
Is 89703, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
89703 is a Seller's Market
Difference Since February 2024
Since last year, 89703 has remained a Seller's Market.
Insight
89703 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$620,000$304/SqFt
-$10,950
-1.7%
Based on all homes sold in the last 12 months
Insight
Homes in 89703 have sold for 1.7% less than they did a year ago.
Summary: The median home sold price in 89703 was $620,000 in February 2025, down 1.7% from last year, and the median price per square foot was $304.
Median Sold Price By Zip Codes
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 89704 | $703.9K | $905K | +28.6% |
| 89705 | $479.4K | $512K | +6.8% |
| 89701 | $445K | $475K | +6.7% |
| 89703 | $630.9K | $620K | -1.7% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $300K | - | N/A |
| 22 Bedrooms | $365K | $355K | -2.7% |
| 33 Bedrooms | $618.5K | $595K | -3.8% |
| 44 Bedrooms | $725K | $674.9K | -6.9% |
| 55+ Bedrooms | $872.5K | $952.5K | +9.2% |
Summary: 89703 housing price by bedroom type for February 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 -2.7%. The home price for 3 bedroom homes decreased by -3.8%. The home price for 4 bedroom homes decreased by -6.9%. The home price for 5 bedroom homes increased by +9.2%.
Housing supply in 89703, NV
How many homes are available in 89703, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 85Last MonthFeb 2025 | ||
| 872 months agoJan 2025 | -2.3 % Change MoMJan – Feb |
Summary: The 89703 real estate market had 85 homes for sale in Feb 2025, a 2.3 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 25Last MonthFeb 2025 | ||
| 172 months agoJan 2025 | +47.1 % 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 | 53 | 49 | -7.5% |
| 44 Bedrooms | 26 | 26 | 0.0% |
| 55+ Bedrooms | 5 | 6 | +20.0% |
Summary: 89703 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 -7.5%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes increased by +20.0%.
Asking Price vs. Sold Price
How much do homes in 89703, NV cost?
Over Asking Price3 Homes
At Asking Price8 Homes
Under Asking Price14 Homes
Insight
If you're buying a home in 89703, you may be able to get a good deal. 56% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in 89703 in February 2025, up by 47.1% month-over-month. Of the 25 sold homes, 56% were sold under asking, 32% were sold at asking, and and 12% were sold over asking.
Days on Market for 89703, NV
How long does it take to sell a home in 89703, NV?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days12 Homes
Over 90 Days12 Homes
Insight
Avg time on Rocket Homes in 89703 has remained consistent over time.
Summary: During February 2025, 25 homes were sold in 89703; 4% of homes were sold within 30 days, 48% of homes were sold within 30 to 90 days, and 48% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 103 DaysThis YearFeb 2025 | ||
| 89 Days1 year agoFeb 2024 | +14.9 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in 89703 had an average listing age of 103 days in Feb 2025, up by 14.9% compared to the previous year.
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Newest Listings in 89703, NV
What homes are available in 89703, NV?
New - 4 days on Rocket
$6,234 Closing Credit¹
#250002228, Christina Rice, Listing Office: Dickson Realty - Carson City
$6,413 Closing Credit¹
#250002076, Brenda Collings, Listing Office: Dickson Realty - Carson City
#250002001, Tyler Barrette, Listing Office: Sierra Sotheby's Intl. Realty
$7,422 Closing Credit¹
#250001880, Ginger Easley, Listing Office: RE/MAX Gold-Carson Valley
$10,000 Closing Credit¹
#250001840, Ron McBryde, Listing Office: Intero
$10,000 Closing Credit¹
#250001791, Wesley Pittman, Listing Office: TrueNest Properties
3D tour
$7,838 Closing Credit¹
#250001783, Shelby Mangum, Listing Office: Redfin
$4,144 Closing Credit¹
#250001593, April Tomasco, Listing Office: April Tomasco Realty
#250001529, Erika Bruun-Andersen, Listing Office: Coldwell Banker Select Reno
$7,363 Closing Credit¹
#250001509, Samuel Olson, Listing Office: RE/MAX Professionals-Reno
$6,768 Closing Credit¹
#250001472, Michael Wood, Listing Office: RE/MAX Professionals-Reno
Nearby markets
Nearby markets aren't available for 89703, 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: 3/3/2025, 2:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.