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Reno Market Report

$967,250

AVERAGE PRICE OF 1,003 HOMES

$470,761

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,307,054

AVERAGE PRICE OF 248 MULTI-MILLION DOLLAR HOMES

$1,316,160

AVERAGE PRICE OF 165 NEWLY BUILT HOMES

$1,006,599

AVERAGE PRICE OF 63 HOMES WITH A POOL

$806,342

AVERAGE PRICE OF 35 REDUCED PRICE HOMES

Average Home

Average Price	$967,250
Avg Bedrooms	3.1 beds
Avg Bathrooms	3.29 baths

Average Price by Bedrooms

1 bedroom	$255,117
2 bedrooms	$479,863
3 bedrooms	$4,362,515
4 bedrooms	$3,410,782
5 bedrooms	$7,190,434

Reno Home Price Trends

	10/2023	9/2023	8/2023	7/2023	6/2023
Total Listings	1,111	1,157	1,164	1,155	1,102
Average Price	$1,034,298	$1,031,540	$1,021,189	$985,840	$947,200
Avg Price Change	+0.27%	+1.01%	+3.59%	+4.08%	+3.43%
Median Price	$677,433	$672,427	$656,901	$654,811	$643,062
Med Price Change	+0.74%	+2.36%	+0.32%	+1.83%	+4.94%
Avg Bedrooms	3.58 beds	3.32 beds	3.2 beds	2.7 beds	2.81 beds
Avg Bathrooms	4.1 baths	3.72 baths	3.55 baths	3.23 baths	3.2 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Damonte	122	$617,709	62 days
Galena	145	$2,217,718	147 days
Mc Queen	114	$731,788	67 days
North Valleys	196	$508,516	85 days
Reno	277	$1,038,960	107 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	1,003	$967,250	127 days
Distressed Homes	18	$470,761	142 days
Multi-Million Dollar Homes	248	$2,307,054	156 days
Newly Built Homes	165	$1,316,160	134 days
Homes with a Pool	63	$1,006,599	76 days
Reduced Price Homes	35	$806,342	64 days

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by Brokerage firms other than Bryan Drakulich - Do More Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokerage. Data is deemed reliable but not guaranteed. Copyright 2023 of Northern Nevada Regional MLS. All rights reserved.

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.