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Reno Market Report

$929,967

AVERAGE PRICE OF 1,072 HOMES

$818,693

AVERAGE PRICE OF 22 DISTRESSED HOMES

$2,144,334

AVERAGE PRICE OF 255 MULTI-MILLION DOLLAR HOMES

$1,129,659

AVERAGE PRICE OF 162 NEWLY BUILT HOMES

$1,143,606

AVERAGE PRICE OF 54 HOMES WITH A POOL

$819,485

AVERAGE PRICE OF 50 REDUCED PRICE HOMES

Average Home

Average Price	$929,967
Avg Bedrooms	2.86 beds
Avg Bathrooms	3.18 baths

Average Price by Bedrooms

1 bedroom	$269,568
2 bedrooms	$437,330
3 bedrooms	$754,350
4 bedrooms	$1,097,333
5 bedrooms	$1,142,353

Reno Home Price Trends

	4/2023	3/2023	2/2023	1/2023	12/2022
Total Listings	926	895	937	958	1,126
Average Price	$885,179	$865,000	$849,828	$850,107	$851,046
Avg Price Change	+2.33%	+1.79%	-0.03%	-0.11%	+3.74%
Median Price	$597,892	$583,882	$569,105	$558,297	$561,559
Med Price Change	+2.40%	+2.60%	+1.94%	-0.58%	-0.86%
Avg Bedrooms	2.25 beds	2.24 beds	2.24 beds	2.25 beds	2.25 beds
Avg Bathrooms	1.97 baths	2.06 baths	2.04 baths	2.03 baths	2.03 baths

Home Price by High School

School Name	Total Homes	Average Price	Avg Days on Site
Damonte	158	$732,696	57 days
Galena	156	$1,837,653	118 days
Mc Queen	135	$791,544	56 days
North Valleys	214	$489,904	65 days
Reno	268	$1,069,522	95 days

Home Price by House Size

	Total Homes	Average Price	Avg Days on Site
All Homes	1,072	$929,967	83 days
Distressed Homes	22	$818,693	79 days
Multi-Million Dollar Homes	255	$2,144,334	116 days
Newly Built Homes	162	$1,129,659	178 days
Homes with a Pool	54	$1,143,606	65 days
Reduced Price Homes	50	$819,485	42 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.