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Is Mc Gill, NV 89318 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Mc Gill is a buyer’s market. With about 6.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply6.4Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list86.5%Sold price ÷ list price
Median days on market111Listing to accepted offer
Median price per sq ft$113▲ +0.1% vs. last year

The Mc Gill housing market right now

In the three months ending August 31, 2026, 33% of homes in Mc Gill, NV 89318 sold above their list price, the typical home went under contract in 111 days and there were 6.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 3 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking rose from 20%, homes sold more slowly (61 days then) and the median sale price fell 14% to $129,444. Overall, Mc Gill is less competitive than a year ago, which gives buyers more room.

Run the numbers for 89318

Prefilled for 89318Can I win this house?Multiple-offer likelihood for a listing Prefilled for 89318Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Baker 89311 — /sq ftEly 89301Balanced $176 /sq ftLund 89317 — /sq ft Browse all markets →

Towns like Mc Gill nearby

Find towns like Mc Gill in other states →
Ely, NV89301 · 12 miles away33% similarpricier homes ($101K more) · larger

Where Mc Gill is

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Questions about Mc Gill real estate

Is Mc Gill a buyer’s or seller’s market?

A buyer’s market: there were 6.4 months of supply in Mc Gill, NV 89318 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 Mc Gill?

The typical home went under contract in 111 days in the latest three months.

Do homes in Mc Gill sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 86.5% of the list price.

What are property taxes in Mc Gill?

About 0.51% of a home’s value a year in White Pine County, or roughly $2,040 on a $400,000 home.

What is the median home price in Mc Gill?

The median sale price was $129,444 in the three months ending August 31, 2026, about $113 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