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Reno Market Report

$958,734

AVERAGE PRICE OF 954 HOMES

$496,475

AVERAGE PRICE OF 16 DISTRESSED HOMES

$2,271,676

AVERAGE PRICE OF 236 MULTI-MILLION DOLLAR HOMES

$1,238,238

AVERAGE PRICE OF 165 NEWLY BUILT HOMES

$1,035,438

AVERAGE PRICE OF 61 HOMES WITH A POOL

$806,595

AVERAGE PRICE OF 51 REDUCED PRICE HOMES

Average Home

Average Price $958,734
Avg Bedrooms 3.21 beds
Avg Bathrooms 2.85 baths

Average Price by Bedrooms

1 bedroom $255,117
2 bedrooms $486,213
3 bedrooms $750,511
4 bedrooms $1,176,111
5 bedrooms $2,412,665
Reno Home Price Trends
  11/2023 10/2023 9/2023 8/2023 7/2023
Total Listings 1,031 1,105 1,149 1,157 1,151
Average Price $960,272 $998,728 $994,819 $998,619 $971,155
Avg Price Change -4.00% +0.39% -0.38% +2.83% +4.05%
Median Price $610,722 $646,160 $641,113 $644,595 $648,298
Med Price Change -5.80% +0.79% -0.54% -0.57% +1.46%
Avg Bedrooms 3.23 beds 3.28 beds 3.26 beds 3.24 beds 3.22 beds
Avg Bathrooms 2.87 baths 2.91 baths 2.91 baths 2.9 baths 2.88 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 110 $603,235 59 days
Galena 141 $2,247,015 148 days
Mc Queen 112 $726,588 64 days
North Valleys 195 $513,050 85 days
Reno 261 $1,067,001 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 954 $958,734 96 days
Distressed Homes 16 $496,475 148 days
Multi-Million Dollar Homes 236 $2,271,676 155 days
Newly Built Homes 165 $1,238,238 166 days
Homes with a Pool 61 $1,035,438 78 days
Reduced Price Homes 51 $806,595 62 days
Keller Williams - United Home Group
10539 Professional Circle Suite 100
Reno, NV 89521
775-453-0447

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 KW- United Home Group - View North Carolina Houses 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.
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