Anne Potter, Listing Office: NextHome Sierra Realty
Sun Valley Housing Market Report December 2024•Washoe County, Nevada
Housing Prices in Sun Valley, NV
How much do homes in Sun Valley, NV cost?
Median List Price
Based on all homes listed in the last 12 months
The list price of homes in Sun Valley has increased by 4.9% since last year.
Summary: The median home list price in Sun Valley was $419,450 in December 2024, up 4.9% from the previous year, and the median price per square foot was $270.
Median List Price By City
City | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
Reno | $548.8K | $580.5K | +5.8% |
Sun Valley | $399.9K | $419.4K | +4.9% |
Sparks | $510K | $525.3K | +3.0% |
North Valleys | $440.5K | $450K | +2.2% |
Reno North | $475.1K | $475.7K | 0.1% |
Median List Price By Bedrooms
Beds | Dec 2023 | Dec 2024 | Change YoY |
---|---|---|---|
11 Bedroom | $180K | $175K | -2.8% |
22 Bedrooms | $254K | $214.9K | -15.4% |
33 Bedrooms | $404.9K | $439K | +8.4% |
44 Bedrooms | $439.5K | $495K | +12.6% |
55+ Bedrooms | $517.5K | $464.4K | -10.3% |
Summary: Sun Valley housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes decreased by -2.8%. The home price for 2 bedroom homes decreased by -15.4%. The home price for 3 bedroom homes increased by +8.4%. The home price for 4 bedroom homes increased by +12.6%. The home price for 5 bedroom homes decreased by -10.3%.
Housing supply in Sun Valley, NV
How many homes are available in Sun Valley, NV?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
27Last MonthDec 2024 | ||
302 months agoNov 2024 | -10.0 % Change MoMNov – Dec |
Summary: The Sun Valley real estate market had 27 homes for sale in Dec 2024, a 10.0 % decrease compared to Nov 2024.
Homes For Sale By Bedroom Count
Beds | Nov 2024 | Dec 2024 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 3 | +50.0% |
22 Bedrooms | 4 | 6 | +50.0% |
33 Bedrooms | 19 | 14 | -26.3% |
44 Bedrooms | 4 | 4 | 0.0% |
55+ Bedrooms | 1 | 0 | -100.0% |
Summary: Sun Valley housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +50.0%. The inventory for 3 bedroom homes decreased by -26.3%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes decreased by -100.0%.
Asking Price vs. Sold Price
How much do homes in Sun Valley, NV cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price0 Home
If you're buying a home in Sun Valley, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 2 homes were sold or pending in Sun Valley in December 2024, down by 71.4% month-over-month. Of the 2 sold homes, 0% were sold under asking, 50% were sold at asking, and and 50% were sold over asking.
Days on Market for Sun Valley, NV
How long does it take to sell a home in Sun Valley, NV?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days0 Home
Many homes in Sun Valley are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 2 homes were sold in Sun Valley; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Listing Age
This Year | 1 year ago | Change YoY |
---|---|---|
80 DaysThis YearDec 2024 | ||
157 Days1 year agoDec 2023 | -48.7 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Sun Valley had an average listing age of 80 days in Dec 2024, down by 48.7% compared to the previous year.
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Newest Listings in Sun Valley, NV
What homes are available in Sun Valley, NV?
Nearby markets
Nearby markets aren't available for Sun Valley, NV
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MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 01/01/2023 - 01/01/2025
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: 1/29/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.