89031 Home Values & Market Trends

There are 148 homes currently listed for 89031. 89031 real estate market trends show that home prices range from $171,700 to $1,500,000, and the median sales price in the 89031 zip code is $394,123.16. The total number of properties sold within the past twelve months is 1,166. In 89031, 69 properties are in foreclosure, 4 are bank owned properties,and 12 are headed for auction.

Housing Market Summary for 89031

Mar 2023February 2024Change
Median Listing Price$400K$397.6K-0.59%
Median Sold Price$399.4K$397.6K-0.45%
Homes For Sale1501521.33%
Homes Sold803727-9.46%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in 89031

The median list price of a home in North Las Vegas, is $394,123.16. A total of 148 properties are for sale, and the percentage of properties for sale in the zip code is 148.00%. The total count of 89031 properties is 25,305.

Foreclosure
There is 1 cities within 89031; within this cities, the median estimated home value for homes in foreclosure ranges from $725,688 in north las vegas to the lowest value of $197,786 in north las vegas. Foreclosure homes account for 0.00% of properties in 89031 with north las vegas containing 204 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.21% of all residential properties in 89031 with north las vegas containing 147 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89031; of that cities, the estimated home value for pre-foreclosure homes ranges from $725,688 in north las vegas to the lowest home value of $236,079 in north las vegas.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in 89031 ranges from the highest value of $479,999 in north las vegas to the lowest value of $269,900 in north las vegas. Bank owned homes and properties account for 0.02% of properties in 89031. There is 1 cities within 89031; north las vegas containing 10 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    north las vegas has 47 auction properties, the highest number of properties going to auction in a single city in the state of 89031. Auction homes and other auction properties account for 0.05% of all properties in 89031. There is 1 cities within 89031; of that cities, the median estimated home value for homes going to auction ranges from $721,032 in north las vegas to the lowest value of $197,786 in north las vegas.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.58% of residential properties in 89031 with north las vegas containing 514 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 89031; homes for sale in that cities, have a range of median values from $1,499,900 in north las vegas to the lowest value of $140,000 in north las vegas.
    Sold Homes
    The median value for recently sold homes ranges from $3,604,375 in north las vegas to the lowest price of $24,928 in north las vegas. There is 1 cities within 89031. north las vegas has 2461 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.73% of properties in 89031.

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      Guide for 89031

      Pennsylvania
      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Nevada
      A Review of Las Vegas Housing Trends, 2023
      A Luxury Mansion
      Investing Strategies
      Winning A Luxury Real Estate Auctions: Key Tips
      California
      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      See More Articles
      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Pennsylvania|posted 5 February 2024

      The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.

      A Review of Las Vegas Housing Trends, 2023
      Nevada|posted 19 January 2024

      Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.

      A Luxury Mansion
      Winning A Luxury Real Estate Auctions: Key Tips
      Investing Strategies|posted 1 March 2024

      A few quick tips to prepare you for selling a luxury home at auction

      Fremont Property Market Calms After 2023 Highs; Stabilizes Early 2024 with Peak Median Value at $1.42M
      California|posted 1 March 2024

      The Fremont, California real estate market experienced considerable fluctuation throughout 2023 and into 2024, with significant peaks and stabilization across various parameters.