Is Nye County, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Nye County is a seller's market

Buyer's
Market

Difference Since April 2023

Since last year, Nye County has remained a Seller's Market.

Key Takeaway

Nye County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Nye County, NV

How much do homes in Nye County, NV cost?

Median Sold Price

$355,088

$197/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$10,211(-2.8%)

Key Takeaway

Homes in Nye County have sold for 2.8% less than they did a year ago.

Summary: The median home sold price in Nye County was $355,088 in April 2024, down 2.8% from last year, and the median price per square foot was $197.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 $279.9K$150K
-46.4%
2 $308.9K$308.3K
-0.2%
3 $365K$350.5K
-4.0%
4 $411K$400K
-2.7%
5+ $470K$449.9K
-4.3%

Summary: Nye County housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 46.4%, 2 bedroom homes decreased by 0.2%, 3 bedroom homes decreased by 4%, 4 bedroom homes decreased by 2.7%, and 5+ bedroom homes decreased by 4.3%.

Median Sold Price Compared To Nearby Counties

Lincoln County
+5.4%
Churchill County
+4.4%
Mineral County
+2.2%
Nye County
-2.8%

Housing Supply in Nye County, NV

How many homes are available in Nye County, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
348364+4.6%

Summary: The Nye County real estate market had 364 homes for sale in April 2024, a 4.6% increase compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 68
+33.3%
2 4743
-8.5%
3 221236
+6.8%
4 5553
-3.6%
5+ 1924
+26.3%

Summary: The Nye County housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes decreased by 8.5%, 3 bedroom homes increased by 6.8%, 4 bedroom homes decreased by 3.6%, and 5+ bedroom homes increased by 26.3%.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
5876+31.0%

Asking Price vs. Sold Price

33 Homes Were Sold
Under Asking

33 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Nye County, you may be able to get a good deal. 43.4% of homes here sold below asking price last month.

Summary: A total of 76 homes were sold or pending in Nye County in April 2024, up by 31.0% month-over-month. Of the 76 sold homes, 43% were sold under asking, 43% were sold at asking, and 13% were sold over asking.

Days on Market for Nye County, NV

How long does it take to sell a home in Nye County, NV?

Average Sale Time

Apr 2023Apr 2024CHANGE
58 Days61 Days+6.0%

Summary: Homes in Nye County had an average of 61 days on market in Apr 2024, up by 6% compared to last year.

Breakdown of Home Sale Times

30 Homes Were Sold
Under 30 Days

29 Homes Were Sold
In 30 - 90 Days

17 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Nye County are selling fast, if you're buying plan to act quickly.

Summary: During April 2024, 76 homes were sold in Nye County; 39% of homes were sold within 30 days, 38% of homes were sold within 30 to 90 days, and 22% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Nye County, NV

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