89031 Home Values & Market Trends
There are 168 homes currently listed for 89031. 89031 real estate market trends show that home prices range from $171,700 to $699,988, and the median sales price in the 89031 zip code is $402,434.31. The total number of properties sold within the past twelve months is 1,224. In 89031, 68 properties are in foreclosure, 4 are bank owned properties,and 10 are headed for auction.
Housing Market Summary for 89031
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $399.9K | $395.4K | -1.13% |
Median Sold Price | $395.9K | $395.4K | -0.12% |
Homes For Sale | 156 | 157 | 0.64% |
Homes Sold | 760 | 634 | -16.58% |
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%.
Recently Sold Homes
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Browse Homes in 89031
The median list price of a home in North Las Vegas, is $402,434.31. A total of 168 properties are for sale, and the percentage of properties for sale in the zip code is 168.00%. The total count of 89031 properties is 25,410.
- Pre-ForeclosurePre-foreclosure homes account for 0.21% of all residential properties in 89031 with north las vegas containing 196 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 $759,596 in north las vegas to the lowest home value of $181,901 in north las vegas.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 89031 ranges from the highest value of $584,763 in north las vegas to the lowest value of $247,250 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.
- Auctionsnorth las vegas has 39 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 0.04% 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 $615,579 in north las vegas to the lowest value of $204,307 in north las vegas.
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Guide for 89031
Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.
Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.
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.
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.