89048 Home Values & Market Trends
There are 115 homes currently listed for 89048. 89048 real estate market trends show that home prices range from $14,999 to $3,900,000, and the median sales price in the 89048 zip code is $335,247.08. The total number of properties sold within the past twelve months is 918. In 89048, 9 properties are in foreclosure, 5 are bank owned properties,and 4 are headed for auction.
89048 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Pahrump | $ 369,000 $ 192/sqft |
Housing Market Summary for 89048
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $317.5K | 5.88% |
| Median Sold Price | $334K | $317.5K | -4.93% |
| Homes For Sale | 126 | 109 | -13.49% |
| Homes Sold | 446 | 491 | 10.09% |
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 89048
Browse Homes in 89048
The median list price of a home in Pahrump, is $335,247.08. A total of 115 properties are for sale, and the percentage of properties for sale in the zip code is 115.00%. The total count of 89048 properties is 10,272.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in 89048 with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89048; of that cities, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 89048 ranges from the highest value of $362,632 in pahrump to the lowest value of $310,478 in pahrump. Bank owned homes and properties account for 0.05% of properties in 89048. There is 1 cities within 89048; pahrump containing 8 REO properties, has the highest number of bank owned properties in a single city.
- Auctionspahrump has 11 auction properties, the highest number of properties going to auction in a single city in the state of 89048. Auction homes and other auction properties account for 0.04% of all properties in 89048. There is 1 cities within 89048; of that cities, the median estimated home value for homes going to auction ranges from $520,782 in pahrump to the lowest value of $298,765 in pahrump.
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Guide for 89048
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.
