Reno Market Report
$794,132
AVERAGE PRICE OF 2,053 HOMES$2,072,102
AVERAGE PRICE OF 434 MULTI-MILLION DOLLAR HOMES$385,780
AVERAGE PRICE OF 5 DISTRESSED HOMES$531,942
AVERAGE PRICE OF 318 NEWLY BUILT HOMES$1,126,848
AVERAGE PRICE OF 108 HOMES WITH A POOL$899,596
AVERAGE PRICE OF 108 REDUCED PRICE HOMESAverage Home
| Average Price | $794,132 |
| Avg Bedrooms | 2.36 beds |
| Avg Bathrooms | 2.34 baths |
Average Price by Bedrooms
| 1 bedroom | $256,363 |
| 2 bedrooms | $453,253 |
| 3 bedrooms | $1,605,652 |
| 4 bedrooms | $1,489,914 |
| 5 bedrooms | $1,775,249 |
Reno Home Price Trends
| 5/2025 | 4/2025 | 3/2025 | 2/2025 | 1/2025 | |
|---|---|---|---|---|---|
| Total Listings | 1,941 | 7 | 8 | 6 | 5 |
| Average Price | $780,174 | $1,584,731 | $1,779,866 | $1,942,688 | $1,985,072 |
| Avg Price Change | -103.13% | -12.31% | -9.15% | -2.18% | -10.70% |
| Median Price | $526,907 | $912,500 | $1,448,333 | $1,593,250 | $1,090,433 |
| Med Price Change | -73.18% | -58.72% | -10.01% | +46.11% | -18.76% |
| Avg Bedrooms | 2.23 beds | 2.58 beds | 2.62 beds | 2.39 beds | 1.93 beds |
| Avg Bathrooms | 2.14 baths | 2.58 baths | 2.86 baths | 2.56 baths | 2.13 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 417 | $961,033 | 30 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 2,053 | $794,132 | 67 days |
| Multi-Million Dollar Homes | 434 | $2,072,102 | 54 days |
| Distressed Homes | 5 | $385,780 | 39 days |
| Newly Built Homes | 318 | $531,942 | 35 days |
| Homes with a Pool | 108 | $1,126,848 | 27 days |
| Reduced Price Homes | 108 | $899,596 | 32 days |
