Is Overton, NV a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Overton is a seller's market

Buyer's
Market

Difference Since April 2023

At the same time last year, Overton was a Neutral Market.

Key Takeaway

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

Housing Prices in Overton, NV

How much do homes in Overton, NV cost?

Median Sold Price

$272,500

$194/sqft

Based on all homes sold in the last 12 months.

Difference Since April 2023

-$52,500(-16.2%)

Key Takeaway

Homes in Overton have sold for 16.2% less than they did a year ago.

Summary: The median home sold price in Overton was $272,500 in April 2024, down 16.2% from last year, and the median price per square foot was $194.

Median Sold Price By Bedroom Count

# BEDSApr 2023Apr 2024CHANGE
1 -$160K
N/A
2 $249.9K$250K
0.0%
3 $315K$296.2K
-6.0%
4 $340K$270K
-20.6%
5+ $765K$435.5K
-43.1%

Summary: Overton 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 did not change, 3 bedroom homes decreased by 6%, 4 bedroom homes decreased by 20.6%, and 5+ bedroom homes decreased by 43.1%.

Median Sold Price Compared To Nearby Cities

Logandale
+19.3%
Clark
+2.3%
Overton
-16.2%

Housing Supply in Overton, NV

How many homes are available in Overton, NV?

Number of Homes For Sale

Mar 2024Apr 2024CHANGE
119-18.2%

Summary: The Overton real estate market had 9 homes for sale in April 2024, a 18.2% decrease compared to March 2024.

Homes For Sale By Bedroom Count

# BEDSMar 2024Apr 2024CHANGE
1 11
0.0%
2 32
-33.3%
3 42
-50.0%
4 23
+50.0%
5+ 11
0.0%

Summary: The Overton housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 50%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Mar 2024Apr 2024CHANGE
42-50.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

1 Home Was Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Overton, you may be able to get a good deal. 50% of homes here sold below asking price last month.

Summary: A total of 2 homes were sold or pending in Overton in April 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.

Days on Market for Overton, NV

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

Average Sale Time

Apr 2023Apr 2024CHANGE
29 Days37 Days+27.6%

Summary: Homes in Overton had an average of 37 days on market in Apr 2024, up by 27.6% compared to last year.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

1 Home Was Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

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

Summary: During April 2024, 2 homes were sold in Overton; 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.

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 Overton, NV

Nearby Markets to Overton, NV

What housing markets are near Overton, NV?