Reno, NV
Housing market overview · Updated weekly
$579,900median sale price
Homes sold
211
Last 12 weeks
Days on market
74
Average pace
Active listings
659
3.1 months supply
Sale-to-list
98.7%
Below asking
The Reno housing market is currently classified as a balanced market with a median sale price of $579,900. Prices have risen 7.6% compared to last year, with homes spending an average of 74 days on market, indicating 3.1 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
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Frequently asked questions
What is the average home price in Reno?
The median home sale price in Reno is $579,900, up 7.6% from last year.
How long do homes stay on market in Reno?
Homes typically spend 74 days on market before going under contract.
Is Reno a buyer's or seller's market?
With 3.1 months of supply, Reno is currently a balanced market.
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