Reno Market Report
$862,386
AVERAGE PRICE OF 1,024 HOMES$566,155
AVERAGE PRICE OF 24 DISTRESSED HOMES$2,095,630
AVERAGE PRICE OF 225 MULTI-MILLION DOLLAR HOMES$1,061,649
AVERAGE PRICE OF 120 NEWLY BUILT HOMES$656,816
AVERAGE PRICE OF 85 HOMES WITH A POOL$984,310
AVERAGE PRICE OF 43 REDUCED PRICE HOMESAverage Home
| Average Price | $862,386 |
| Avg Bedrooms | 3.12 beds |
| Avg Bathrooms | 2.69 baths |
Average Price by Bedrooms
| 1 bedroom | $252,956 |
| 2 bedrooms | $442,137 |
| 3 bedrooms | $757,998 |
| 4 bedrooms | $1,142,771 |
| 5 bedrooms | $1,714,081 |
Reno Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,152 | 1,296 | 1,356 | 1,375 | 1,309 |
| Average Price | $866,851 | $898,488 | $907,221 | $926,325 | $943,619 |
| Avg Price Change | -3.65% | -0.97% | -2.11% | -1.87% | -1.81% |
| Median Price | $580,438 | $593,710 | $598,484 | $590,335 | $596,242 |
| Med Price Change | -2.29% | -0.80% | +1.38% | -1.00% | -4.34% |
| Avg Bedrooms | 3.13 beds | 3.15 beds | 3.19 beds | 3.2 beds | 3.22 beds |
| Avg Bathrooms | 2.7 baths | 2.74 baths | 2.74 baths | 2.75 baths | 2.78 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 259 | $1,021,245 | 113 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,024 | $862,386 | 98 days |
| Distressed Homes | 24 | $566,155 | 114 days |
| Multi-Million Dollar Homes | 225 | $2,095,630 | 124 days |
| Newly Built Homes | 120 | $1,061,649 | 120 days |
| Homes with a Pool | 85 | $656,816 | 109 days |
| Reduced Price Homes | 43 | $984,310 | 97 days |
