Data as of April 2026. Source: Realtor.com.
The RENO, NV real estate market (89501) currently shows 43 active listings, with 3 pending sales. Homes are averaging 68 days on the market before going under contract.
Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 68 days on market compared to 74 days last year.
The median listing price has risen 8.2% year-over-year, from $378,750 to $409,750.
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.
Population: 3,984 · Density: 2,632.3/mi² · Median household income: $40,052
Typical home value: $383,422 · Homeownership: 22.0%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89501 | Reno, NV 89501 | 0.0 mi | 39 | $21,330,543 | $461,250 | $546,937 |
| 89512 | Reno, NV 89512 | 2.0 mi | 46 | $11,385,230 | $182,300 | $247,505 |
| 89431 | Sparks, NV 89431 | 3.4 mi | 62 | $21,590,942 | $331,875 | $348,241 |
| 89502 | Reno, NV 89502 | 4.1 mi | 66 | $33,030,360 | $365,125 | $500,460 |
| 89523 | Reno, NV 89523 | 5.4 mi | 100 | $103,285,500 | $756,758 | $1,032,855 |
| 89511 | Reno, NV 89511 | 9.1 mi | 130 | $276,982,420 | $1,956,250 | $2,130,634 |
| 89506 | Reno, NV 89506 | 12.1 mi | 149 | $78,199,968 | $516,250 | $524,832 |
| 89521 | Reno, NV 89521 | 12.9 mi | 186 | $163,470,936 | $738,216 | $878,876 |
| 89434 | Sparks, NV 89434 | 14.9 mi | 49 | $24,449,530 | $437,450 | $498,970 |
| 89704 | Washoe Valley, NV 89704 | 17.8 mi | 13 | $26,336,375 | $1,173,250 | $2,025,875 |
| 89451 | Incline Village, NV 89451 | 19.2 mi | 121 | $358,339,564 | $1,488,000 | $2,961,484 |
| 96143 | Kings Beach, CA 96143 | 21.6 mi | 22 | $51,415,606 | $636,000 | $2,337,073 |
| 89402 | Crystal Bay, NV 89402 | 22.8 mi | 9 | $167,461,074 | $11,900,000 | $18,606,786 |
As of April 2026, there are 43 active listings in RENO, NV (zip code 89501), compared to 50 the prior year.
The median listing price in RENO, NV 89501 is $409,750 as of April 2026, a 8.2% increase from $378,750 the prior year.
Homes in RENO, NV 89501 spend an average of 68 days on the market before going under contract, compared to 74 days the prior year.
Based on current inventory and days-on-market data as of April 2026, RENO, NV 89501 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 68 days on market compared to 74 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89501 save an estimated $8,195 compared to a typical 5% commission on the median listing price of $409,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.