Reno Market Report
$905,388
AVERAGE PRICE OF 1,366 HOMES$579,303
AVERAGE PRICE OF 21 DISTRESSED HOMES$2,082,989
AVERAGE PRICE OF 327 MULTI-MILLION DOLLAR HOMES$1,041,948
AVERAGE PRICE OF 146 NEWLY BUILT HOMES$884,335
AVERAGE PRICE OF 112 HOMES WITH A POOL$733,084
AVERAGE PRICE OF 79 REDUCED PRICE HOMESAverage Home
| Average Price | $905,388 |
| Avg Bedrooms | 3.2 beds |
| Avg Bathrooms | 2.74 baths |
Average Price by Bedrooms
| 1 bedroom | $262,306 |
| 2 bedrooms | $497,482 |
| 3 bedrooms | $733,800 |
| 4 bedrooms | $1,143,314 |
| 5 bedrooms | $1,859,720 |
Reno Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,375 | 1,309 | 1,264 | 1,199 | 1,114 |
| Average Price | $926,325 | $943,619 | $960,672 | $954,607 | $936,280 |
| Avg Price Change | -1.87% | -1.81% | +0.64% | +1.96% | +0.27% |
| Median Price | $590,335 | $596,242 | $622,094 | $628,360 | $611,938 |
| Med Price Change | -1.00% | -4.34% | -1.01% | +2.68% | +4.28% |
| Avg Bedrooms | 3.2 beds | 3.22 beds | 3.22 beds | 3.18 beds | 3.17 beds |
| Avg Bathrooms | 2.75 baths | 2.78 baths | 2.81 baths | 2.78 baths | 2.76 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 336 | $1,015,328 | 88 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,366 | $905,388 | 77 days |
| Distressed Homes | 21 | $579,303 | 117 days |
| Multi-Million Dollar Homes | 327 | $2,082,989 | 105 days |
| Newly Built Homes | 146 | $1,041,948 | 112 days |
| Homes with a Pool | 112 | $884,335 | 86 days |
| Reduced Price Homes | 79 | $733,084 | 62 days |
