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Reno Market Report

$839,493

AVERAGE PRICE OF 940 HOMES

$448,340

AVERAGE PRICE OF 27 DISTRESSED HOMES

$2,089,884

AVERAGE PRICE OF 189 MULTI-MILLION DOLLAR HOMES

$1,030,321

AVERAGE PRICE OF 185 NEWLY BUILT HOMES

$1,080,082

AVERAGE PRICE OF 44 HOMES WITH A POOL

$643,255

AVERAGE PRICE OF 51 REDUCED PRICE HOMES

Average Home

Average Price $839,493
Avg Bedrooms 2.24 beds
Avg Bathrooms 2.03 baths

Average Price by Bedrooms

1 bedroom $267,440
2 bedrooms $526,822
3 bedrooms $722,520
4 bedrooms $1,056,871
5 bedrooms $1,944,493
Reno Home Price Trends
  12/2022 11/2022 10/2022 9/2022 8/2022
Total Listings 1,126 1,329 1,459 1,547 1,582
Average Price $851,046 $820,333 $814,052 $815,409 $815,247
Avg Price Change +3.74% +0.77% -0.17% +0.02% -1.00%
Median Price $561,559 $566,408 $576,387 $587,564 $588,979
Med Price Change -0.86% -1.76% -1.94% -0.24% -1.70%
Avg Bedrooms 2.25 beds 3.18 beds 3.22 beds 3.24 beds 3.23 beds
Avg Bathrooms 2.03 baths 2.71 baths 2.71 baths 2.7 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 120 $689,846 87 days
Galena 135 $1,652,964 147 days
Mc Queen 102 $786,953 101 days
North Valleys 219 $467,159 87 days
Reno 229 $982,365 127 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 940 $839,493 74 days
Distressed Homes 27 $448,340 98 days
Multi-Million Dollar Homes 189 $2,089,884 100 days
Newly Built Homes 185 $1,030,321 149 days
Homes with a Pool 44 $1,080,082 116 days
Reduced Price Homes 51 $643,255 81 days
Better Homes and Gardens Real Estate Drakulich Realty
2205 N McCarran Blvd
Sparks, NV 89431
775-685-8585

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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.
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