89123 Home Values & Market Trends
There are 128 homes currently listed for 89123. 89123 real estate market trends show that home prices range from $120,000 to $1,599,000, and the median sales price in the 89123 zip code is $437,115.89. The total number of properties sold within the past twelve months is 873. In 89123, 26 properties are in foreclosure, 2 are bank owned properties,and 2 are headed for auction.
Housing Market Summary for 89123
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $432.5K | $430K | -0.58% |
Median Sold Price | $445.4K | $430K | -3.45% |
Homes For Sale | 120 | 128 | 6.67% |
Homes Sold | 599 | 570 | -4.84% |
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
Explore recent offers and recently sold homes in 89123
Browse Homes in 89123
The median list price of a home in Las Vegas, is $437,115.89. A total of 128 properties are for sale, and the percentage of properties for sale in the zip code is 128.00%. The total count of 89123 properties is 20,964.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in 89123 with las vegas containing 570 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89123; of that cities, the estimated home value for pre-foreclosure homes ranges from $3,433,181 in las vegas to the lowest home value of $123,807 in las vegas.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 89123 ranges from the highest value of $2,173,629 in las vegas to the lowest value of $166,250 in las vegas. Bank owned homes and properties account for 0.01% of properties in 89123. There is 1 cities within 89123; las vegas containing 46 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslas vegas has 254 auction properties, the highest number of properties going to auction in a single city in the state of 89123. Auction homes and other auction properties account for 0.01% of all properties in 89123. There is 1 cities within 89123; of that cities, the median estimated home value for homes going to auction ranges from $5,598,129 in las vegas to the lowest value of $44,314 in las vegas.
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Guide for 89123
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.
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.