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City / Town Overview

Reno, NV

Aggregate real estate market report across all ZIPs in scope
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The Reno, NV real estate market currently shows 1,106 active listings, with 453 pending sales. Homes are averaging 48 days on the market before going under contract.

Inventory has increased compared to last year, with 33 more homes available — giving buyers more choice.

Homes are selling faster, averaging 48 days on market compared to 53.6 days last year.

The median listing price has fallen 0.5% year-over-year, from $801,206 to $797,299.

Whether you are buying or selling in Reno, NV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 320,218  ·  Density: 824.3/mi²  ·  Median household income: $83,221

Typical home value: $483,499  ·  Homeownership: 56%

Included Areas

Reno: 89501, 89503, 89504, 89505, 89506, 89507, 89508, 89509, 89510, 89511, 89512, 89519

Donner Springs: 89502, 89515, 89520, 89570

Edgewater: 89513

Somersett: 89523

Area Map

Market Overview

Active Listings
1,106
⇧ 3.1% vs 1,073 last year
Pending
453
41% pending ratio
Median Price
$797,299
⇩ 0.5% vs $801,206 last year
Average Price
$967,166
⇧ 6.3% vs $910,204 last year
Days on Market
48
⇩ 10.4% vs 54 days last year

Price Per Square Foot

Median $/sqft
$358
⇩ 0.6% vs $360/sqft last year
Median Home Size
2,110 sqft
Typical listing size
12-Month $/sqft Trend

12-Month Trends

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %