Is Mesquite, NV a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Mesquite has remained a Seller's Market.
Key Takeaway
Mesquite is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Mesquite, NV
How much do homes in Mesquite, NV cost?
Median Sold Price
$358,950
$230/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Key Takeaway
Homes in Mesquite have sold for 2.8% less than they did a year ago.
Summary: The median home sold price in Mesquite was $358,950 in April 2024, down 2.8% from last year, and the median price per square foot was $230.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $119.5K | N/A |
| 2 Bedrooms | $269K | $345K | +28.3% |
| 3 Bedrooms | $391K | $371K | -5.1% |
| 4 Bedrooms | $379.9K | $369.4K | -2.8% |
| 5+ Bedrooms | - | - | N/A |
Summary: Mesquite housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 28.3%, 3 bedroom homes decreased by 5.1%, 4 bedroom homes decreased by 2.8%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Mesquite | $369.4K | $358.9K | -2.8% |
| Mesquite | $369.4K | $358.9K | -2.8% |
Housing Supply in Mesquite, NV
How many homes are available in Mesquite, NV?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 79 | 74 | -6.3% |
Summary: The Mesquite real estate market had 74 homes for sale in April 2024, a 6.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 30 | 29 | -3.3% |
| 3 Bedrooms | 35 | 34 | -2.9% |
| 4 Bedrooms | 12 | 10 | -16.7% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Mesquite housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 3.3%, 3 bedroom homes decreased by 2.9%, 4 bedroom homes decreased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 15 | 19 | +26.7% |
Asking Price vs. Sold Price
14 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Mesquite, you may be able to get a good deal. 73.7% of homes here sold below asking price last month.
Summary: A total of 19 homes were sold or pending in Mesquite in April 2024, up by 26.7% month-over-month. Of the 19 sold homes, 74% were sold under asking, 21% were sold at asking, and 5% were sold over asking.
Days on Market for Mesquite, NV
How long does it take to sell a home in Mesquite, NV?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 75 Days | 95 Days | +26.4% |
Summary: Homes in Mesquite had an average of 95 days on market in Apr 2024, up by 26.4% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
5 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Mesquite are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During April 2024, 19 homes were sold in Mesquite; 26% of homes were sold within 30 days, 26% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the INTERNET DATA EXCHANGE Program of the Greater Las Vegas Association of REALTORS® MLS. Real estate listings held by brokerage firms other than this site owner are marked with the IDX logo. GLVAR MLS deems information reliable but not guaranteed.