Data as of September 2026. Source: Realtor.com.
The RENO, NV real estate market (89501) currently shows 41 active listings, with 6 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 69 days on market compared to 116 days last year.
The median listing price has fallen 5.6% year-over-year, from $402,450 to $379,725.
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 September 2026, there are 41 active listings in RENO, NV (zip code 89501), compared to 49 the prior year.
The median listing price in RENO, NV 89501 is $379,725 as of September 2026, a 5.6% decrease from $402,450 the prior year.
Homes in RENO, NV 89501 spend an average of 69 days on the market before going under contract, compared to 116 days the prior year.
Based on current inventory and days-on-market data as of September 2026, RENO, NV 89501 is currently a Seller's Market. Inventory has tightened compared to last year, with 8 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 69 days on market compared to 116 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89501 save an estimated $7,595 compared to a typical 5% commission on the median listing price of $379,725. 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.