New - 2 days on Rocket
Jim Williams, Listing Office: Cal Neva Realty
Smith Valley Housing Market Report December 2024•Lyon County, Nevada
Housing Prices in Smith Valley, NV
How much do homes in Smith Valley, NV cost?
Housing Market Conditions
Is Smith Valley, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Smith Valley is a Neutral Market
Difference Since November 2024
Last month, Smith Valley was a Buyer's Market.
Insight
Smith Valley 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
$460,000$314/SqFt
-$10,000
-2.1%
Based on all homes sold in December 2024
Insight
Homes in Smith Valley have sold for 2.1% less than they did a month ago.
Summary: The median home sold price in Smith Valley was $460,000 in December 2024, down 2.1% from last month, and the median price per square foot was $314.
Median Sold Price By City
| City | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| Smith Valley | $470K | $460K | -2.1% |
| Wellington | $470K | $382K | -18.7% |
Median Sold Price By Bedrooms
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | - | $382K | N/A |
| 33 Bedrooms | $400K | $625K | +56.3% |
| 44 Bedrooms | $715K | - | N/A |
| 55+ Bedrooms | - | $460K | N/A |
Summary: Smith Valley housing price by bedroom type for December 2024, compared to the previous month. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +56.3%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
Housing supply in Smith Valley, NV
How many homes are available in Smith Valley, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 19Last MonthDec 2024 | ||
| 212 months agoNov 2024 | -9.5 % Change MoMNov – Dec |
Summary: The Smith Valley real estate market had 19 homes for sale in Dec 2024, a 9.5 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthDec 2024 | ||
| 32 months agoNov 2024 | 0.0 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 2 | 2 | 0.0% |
| 33 Bedrooms | 10 | 9 | -10.0% |
| 44 Bedrooms | 8 | 7 | -12.5% |
| 55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Smith Valley housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -10.0%. The inventory for 4 bedroom homes decreased by -12.5%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Smith Valley, NV cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in Smith Valley, 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 Smith Valley in December 2024, the same as the previous month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for Smith Valley, NV
How long does it take to sell a home in Smith Valley, NV?
Breakdown of Home Sale Times
Under 30 Days0 Home
30 – 90 Days0 Home
Over 90 Days3 Homes
Insight
Most homes in Smith Valley are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During December 2024, 3 homes were sold in Smith Valley; 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
| Last Month | 1 month ago | Change MoM |
|---|---|---|
| 216 DaysLast MonthDec 2024 | ||
| 54 Days1 month agoNov 2024 | +300.0 % Change MoMNov – Dec |
Summary: Homes in Smith Valley had an average listing age of 216 days in Dec 2024, up by 300.0% compared to the previous month.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Smith Valley, NV
What homes are available in Smith Valley, NV?
Jenny McQuain, Listing Office: Intero
Bryan Drakulich, Listing Office: Drakulich Commercial Partners
Wendy Loomis, Listing Office: Reno Tahoe Home Group
Patricia Riley, Listing Office: Walker River Basin Realty
Patricia Riley, Listing Office: Walker River Basin Realty
$6,353 Closing Credit¹
Patricia Riley, Listing Office: Walker River Basin Realty
Richard Berman, Listing Office: Dickson Realty - Damonte Ranch
$9,132 Closing Credit¹
Eric Bodenstein, Listing Office: RE/MAX Country
$10,000 Closing Credit¹
Teddy McKone, Listing Office: Intero
$7,600 Closing Credit¹
Steven Bohler, Listing Office: Pinion Pines Realty
$9,488 Closing Credit¹
Scott Smith, Listing Office: Intero
Nearby markets
Nearby markets aren't available for Smith Valley, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 11/01/2024 - 01/01/2025
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: 1/17/2025, 11:56:02 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.