Reno Market Report
$897,730
AVERAGE PRICE OF 1,291 HOMES$486,143
AVERAGE PRICE OF 29 DISTRESSED HOMES$2,119,198
AVERAGE PRICE OF 304 MULTI-MILLION DOLLAR HOMES$1,085,211
AVERAGE PRICE OF 116 NEWLY BUILT HOMES$854,460
AVERAGE PRICE OF 101 HOMES WITH A POOL$880,762
AVERAGE PRICE OF 74 REDUCED PRICE HOMESAverage Home
| Average Price | $897,730 |
| Avg Bedrooms | 3.09 beds |
| Avg Bathrooms | 2.74 baths |
Average Price by Bedrooms
| 1 bedroom | $252,058 |
| 2 bedrooms | $469,941 |
| 3 bedrooms | $757,045 |
| 4 bedrooms | $1,195,695 |
| 5 bedrooms | $1,904,184 |
Reno Home Price Trends
| 3/2025 | 2/2025 | 1/2025 | 12/2024 | 11/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,111 | 1,025 | 1,019 | 1,152 | 1,296 |
| Average Price | $868,292 | $874,628 | $868,709 | $866,851 | $898,488 |
| Avg Price Change | -0.73% | +0.68% | +0.21% | -3.65% | -0.97% |
| Median Price | $558,886 | $565,020 | $573,078 | $580,438 | $593,710 |
| Med Price Change | -1.10% | -1.43% | -1.28% | -2.29% | -0.80% |
| Avg Bedrooms | 3.06 beds | 3.07 beds | 3.12 beds | 3.13 beds | 3.15 beds |
| Avg Bathrooms | 2.69 baths | 2.7 baths | 2.7 baths | 2.7 baths | 2.74 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 328 | $977,859 | 85 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,291 | $897,730 | 76 days |
| Distressed Homes | 29 | $486,143 | 93 days |
| Multi-Million Dollar Homes | 304 | $2,119,198 | 94 days |
| Newly Built Homes | 116 | $1,085,211 | 103 days |
| Homes with a Pool | 101 | $854,460 | 107 days |
| Reduced Price Homes | 74 | $880,762 | 54 days |
