Data as of July 2026. Source: Realtor.com.
The RENO, NV real estate market (89501) currently shows 42 active listings, with 9 pending sales. Homes are averaging 87 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 87 days on market compared to 79 days last year.
The median listing price has risen 7.2% year-over-year, from $370,500 to $397,000.
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 July 2026, there are 42 active listings in RENO, NV (zip code 89501), compared to 54 the prior year.
The median listing price in RENO, NV 89501 is $397,000 as of July 2026, a 7.2% increase from $370,500 the prior year.
Homes in RENO, NV 89501 spend an average of 87 days on the market before going under contract, compared to 79 days the prior year.
Based on current inventory and days-on-market data as of July 2026, RENO, NV 89501 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 87 days on market compared to 79 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89501 save an estimated $7,940 compared to a typical 5% commission on the median listing price of $397,000. 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.