Is Minden, NV 89423 a buyer’s or seller’s market?
Minden is a seller’s market. With about 3 months of supply and 16% 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.
More competitive than 47% of U.S. ZIP codes, and #26 of 100 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Minden housing market right now
In the three months ending August 31, 2026, 16% of homes in Minden, NV 89423 sold above their list price, the typical home went under contract in 46 days and there were 3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 75 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 19%, homes sold faster (53 days then) and the median sale price rose 17% to $734,682. Overall, Minden is about as competitive as it was a year ago.
Within Douglas County, homes here sell faster than in 86% of the county’s ZIP codes, and sell more often over asking than in 57%. On our competition score, Minden ranks #26 of 100 NV ZIP codes with enough sales (score 47 out of 100).
Nearby, buyers who want less competition could look at Stateline 89449 (3% sold over asking) or Zephyr Cove 89448 (3% sold over asking), while Gardnerville 89460 (20% sold over asking) and Glenbrook 89413 (20% sold over asking) are even more competitive.
Run the numbers for 89423
Nearby markets
Carson City 89705Seller’s market $351 /sq ftGardnerville 89410Seller’s market $363 /sq ftGardnerville 89460Seller’s market $368 /sq ftGenoa 89411Seller’s market $421 /sq ft Browse all markets →Towns like Minden nearby
Find towns like Minden in other states →Where Minden is
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Questions about Minden real estate
Is Minden a buyer’s or seller’s market?
A seller’s market: there were 3 months of supply in Minden, NV 89423 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 Minden?
The typical home went under contract in 46 days in the latest three months.
Do homes in Minden sell over asking?
16% of homes sold above their original list price, and the typical sale closed at 99.1% of the list price.
What are property taxes in Minden?
About 0.45% of a home’s value a year in Douglas County, or roughly $1,800 on a $400,000 home.
What is the median home price in Minden?
The median sale price was $734,682 in the three months ending August 31, 2026, about $361 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