Reno Market Report
$878,892
AVERAGE PRICE OF 1,157 HOMES$487,930
AVERAGE PRICE OF 18 DISTRESSED HOMES$2,241,868
AVERAGE PRICE OF 243 MULTI-MILLION DOLLAR HOMES$1,005,628
AVERAGE PRICE OF 134 NEWLY BUILT HOMES$759,419
AVERAGE PRICE OF 95 HOMES WITH A POOL$925,298
AVERAGE PRICE OF 61 REDUCED PRICE HOMESAverage Home
| Average Price | $878,892 |
| Avg Bedrooms | 2.81 beds |
| Avg Bathrooms | 2.68 baths |
Average Price by Bedrooms
| 1 bedroom | $242,782 |
| 2 bedrooms | $438,456 |
| 3 bedrooms | $1,396,218 |
| 4 bedrooms | $1,644,117 |
| 5 bedrooms | $2,037,160 |
Reno Home Price Trends
| 2/2025 | 1/2025 | 12/2024 | 11/2024 | 10/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,031 | 1,024 | 1,159 | 1,299 | 1,359 |
| Average Price | $880,843 | $874,159 | $874,888 | $902,650 | $911,431 |
| Avg Price Change | +0.76% | -0.08% | -3.17% | -0.97% | -2.12% |
| Median Price | $571,003 | $575,604 | $584,753 | $597,971 | $603,010 |
| Med Price Change | -0.81% | -1.59% | -2.26% | -0.84% | +1.13% |
| Avg Bedrooms | 2.73 beds | 2.53 beds | 2.28 beds | 2.23 beds | 2.26 beds |
| Avg Bathrooms | 2.63 baths | 2.41 baths | 2.14 baths | 2.16 baths | 2.2 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 286 | $998,013 | 89 days |
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,157 | $878,892 | 80 days |
| Distressed Homes | 18 | $487,930 | 126 days |
| Multi-Million Dollar Homes | 243 | $2,241,868 | 99 days |
| Newly Built Homes | 134 | $1,005,628 | 97 days |
| Homes with a Pool | 95 | $759,419 | 109 days |
| Reduced Price Homes | 61 | $925,298 | 88 days |
