89429 Home Values & Market Trends
There are 29 homes currently listed for 89429. 89429 real estate market trends show that home prices range from $53,000 to $729,000, and the median sales price in the 89429 zip code is $250,565.75. The total number of properties sold within the past twelve months is 268. In 89429, 7 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.
Housing Market Summary for 89429
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $282K | $88,285.5 | -68.69% |
| Median Sold Price | $250.2K | $88,285.5 | -64.72% |
| Homes For Sale | 26 | 32 | 23.08% |
| Homes Sold | 125 | 140 | 12.00% |
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 89429
The median list price of a home in Silver Springs, is $250,565.75. A total of 29 properties are for sale, and the percentage of properties for sale in the zip code is 29.00%. The total count of 89429 properties is 3,834.
- Pre-ForeclosurePre-foreclosure homes account for 0.10% of all residential properties in 89429 with silver springs containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89429; of that cities, the estimated home value for pre-foreclosure homes ranges from $327,452 in silver springs to the lowest home value of $327,452 in silver springs.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 89429 ranges from the highest value of $0 in silver springs to the lowest value of $0 in silver springs. Bank owned homes and properties account for 0.05% of properties in 89429. There is 1 cities within 89429; silver springs containing 2 REO properties, has the highest number of bank owned properties in a single city.
- Auctionssilver springs has 0 auction properties, the highest number of properties going to auction in a single city in the state of 89429. Auction homes and other auction properties account for 0.03% of all properties in 89429. There is 1 cities within 89429; of that cities, the median estimated home value for homes going to auction ranges from $0 in silver springs to the lowest value of $0 in silver springs.
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Guide for 89429
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.