Stewart Title's Market Report

Minden, NV

Single-Family Homes

Our Strength is Our People



Minden, NV

Wed Dec 04 2024
This week the median list price for Minden, NV is $728,950 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has increased to 42. Click here to stay informed with the Minden market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Minden, NV

Wed Dec 04 2024
This week the median list price for Minden, NV is $728,950 with the market action index hovering around 36. This is less than last month's market action index of 39. Inventory has increased to 42. Click here to stay informed with the Minden market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Minden market.
Median List Price $728,950
Median Price of New Listings $759,900
Per Square Foot $355
Average Days on Market 86
Median Days on Market 46
Price Decreased 43%
Price Increased 0%
Relisted 7%
Inventory 42
Median Rent
Market Action 36
Slight Seller's Advantage

The market plateau is seen across the price and value. The price per square foot and median list price have both been reasonably stagnant. Watch the Market Action Index for persistent changes as a leading indicator before the market moves from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,597,500 3,117 2.5 - 5 acres 5 3 21 0 1 94
$787,450 2,182 0.25 - 0.5 acre 3 2 23 1 2 38
$702,225 2,040 6,500 - 8,000 sqft 3 2 0 0 0 21
$589,500 1,776 6,500 - 8,000 sqft 3 2 29 0 1 63