Reno Market Report
$876,745
AVERAGE PRICE OF 1,109 HOMES$506,440
AVERAGE PRICE OF 21 DISTRESSED HOMES$2,221,143
AVERAGE PRICE OF 234 MULTI-MILLION DOLLAR HOMES$999,123
AVERAGE PRICE OF 129 NEWLY BUILT HOMES$748,211
AVERAGE PRICE OF 98 HOMES WITH A POOL$875,719
AVERAGE PRICE OF 52 REDUCED PRICE HOMESAverage Home
| Average Price | $876,745 |
| Avg Bedrooms | 3.06 beds |
| Avg Bathrooms | 2.69 baths |
Average Price by Bedrooms
| 1 bedroom | $243,719 |
| 2 bedrooms | $467,289 |
| 3 bedrooms | $747,075 |
| 4 bedrooms | $1,180,545 |
| 5 bedrooms | $2,051,553 |
Reno Home Price Trends
| 2/2025 | 1/2025 | 12/2024 | 11/2024 | 10/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,025 | 1,019 | 1,152 | 1,296 | 1,356 |
| Average Price | $874,628 | $868,709 | $866,851 | $898,488 | $907,221 |
| Avg Price Change | +0.68% | +0.21% | -3.65% | -0.97% | -2.11% |
| Median Price | $565,020 | $573,078 | $580,438 | $593,710 | $598,484 |
| Med Price Change | -1.43% | -1.28% | -2.29% | -0.80% | +1.38% |
| Avg Bedrooms | 3.07 beds | 3.12 beds | 3.13 beds | 3.15 beds | 3.19 beds |
| Avg Bathrooms | 2.7 baths | 2.7 baths | 2.7 baths | 2.74 baths | 2.74 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 275 | $1,006,223 | 95 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,109 | $876,745 | 85 days |
| Distressed Homes | 21 | $506,440 | 116 days |
| Multi-Million Dollar Homes | 234 | $2,221,143 | 116 days |
| Newly Built Homes | 129 | $999,123 | 97 days |
| Homes with a Pool | 98 | $748,211 | 111 days |
| Reduced Price Homes | 52 | $875,719 | 79 days |
