Is Tonopah, NV 89049 a buyer’s or seller’s market?
Tonopah is a seller’s market. With about 3.2 months of supply and 0% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
The Tonopah housing market right now
In the three months ending August 31, 2026, 0% of homes in Tonopah, NV 89049 sold above their list price, the typical home went under contract in 60 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (152 days then) and the median sale price rose 51% to $132,942. Overall, Tonopah is more competitive than a year ago, so tougher for buyers.
Within Nye County, homes here sell faster than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Pahrump 89048 (15% sold over asking) and Pahrump 89060 (10% sold over asking) are even more competitive.
Run the numbers for 89049
Nearby markets
Amargosa Valley 89020 — /sq ftBeatty 89003Seller’s market $127 /sq ftManhattan 89022Seller’s market $135 /sq ftPahrump 89048Balanced $202 /sq ft Browse all markets →Where Tonopah is
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Questions about Tonopah real estate
Is Tonopah a buyer’s or seller’s market?
A seller’s market: there were 3.2 months of supply in Tonopah, NV 89049 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Tonopah?
The typical home went under contract in 60 days in the latest three months.
Do homes in Tonopah sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 82.5% of the list price.
What are property taxes in Tonopah?
About 0.45% of a home’s value a year in Nye County, or roughly $1,800 on a $400,000 home.
What is the median home price in Tonopah?
The median sale price was $132,942 in the three months ending August 31, 2026, about $166 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology