Reno Market Report
$873,319
AVERAGE PRICE OF 1,235 HOMES$555,380
AVERAGE PRICE OF 22 DISTRESSED HOMES$2,088,952
AVERAGE PRICE OF 276 MULTI-MILLION DOLLAR HOMES$1,096,230
AVERAGE PRICE OF 139 NEWLY BUILT HOMES$773,583
AVERAGE PRICE OF 100 HOMES WITH A POOL$683,380
AVERAGE PRICE OF 77 REDUCED PRICE HOMESAverage Home
| Average Price | $873,319 |
| Avg Bedrooms | 2.28 beds |
| Avg Bathrooms | 2.14 baths |
Average Price by Bedrooms
| 1 bedroom | $261,809 |
| 2 bedrooms | $461,315 |
| 3 bedrooms | $1,684,534 |
| 4 bedrooms | $1,886,541 |
| 5 bedrooms | $1,733,555 |
Reno Home Price Trends
| 11/2024 | 10/2024 | 9/2024 | 8/2024 | 7/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,299 | 1,359 | 1,378 | 1,313 | 1,268 |
| Average Price | $902,650 | $911,431 | $930,753 | $948,124 | $965,503 |
| Avg Price Change | -0.97% | -2.12% | -1.87% | -1.83% | +0.31% |
| Median Price | $597,971 | $603,010 | $596,293 | $600,902 | $626,749 |
| Med Price Change | -0.84% | +1.13% | -0.77% | -4.30% | -2.22% |
| Avg Bedrooms | 2.23 beds | 2.26 beds | 2.31 beds | 2.46 beds | 2.52 beds |
| Avg Bathrooms | 2.16 baths | 2.2 baths | 2.23 baths | 2.27 baths | 2.28 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 308 | $995,596 | 102 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,235 | $873,319 | 128 days |
| Distressed Homes | 22 | $555,380 | 114 days |
| Multi-Million Dollar Homes | 276 | $2,088,952 | 199 days |
| Newly Built Homes | 139 | $1,096,230 | 121 days |
| Homes with a Pool | 100 | $773,583 | 100 days |
| Reduced Price Homes | 77 | $683,380 | 67 days |
