89148 Home Values & Market Trends
There are 116 homes currently listed for 89148. 89148 real estate market trends show that home prices range from $140,000 to $3,999,999, and the median sales price in the 89148 zip code is $477,527.13. The total number of properties sold within the past twelve months is 1,029. In 89148, 31 properties are in foreclosure, 2 are bank owned properties,and 8 are headed for auction.
Housing Market Summary for 89148
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $459.9K | $480.5K | 4.46% |
| Median Sold Price | $480.3K | $480.5K | 0.04% |
| Homes For Sale | 132 | 98 | -25.76% |
| Homes Sold | 600 | 622 | 3.67% |
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 89148
Browse Homes in 89148
The median list price of a home in Las Vegas, is $477,527.13. A total of 116 properties are for sale, and the percentage of properties for sale in the zip code is 116.00%. The total count of 89148 properties is 21,772.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in 89148 with las vegas containing 600 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89148; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,645,714 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 89148 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 89148. There is 1 cities within 89148; las vegas containing 43 REO properties, has the highest number of bank owned properties in a single city.
- Auctionslas vegas has 250 auction properties, the highest number of properties going to auction in a single city in the state of 89148. Auction homes and other auction properties account for 0.04% of all properties in 89148. There is 1 cities within 89148; 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 89148
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.
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.
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