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Donner Springs

RENO, NV 89502

Real Estate Market Report  ·  Washoe County
Balanced Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
56
⇩ 30% vs 80 last year
Pending
18
32% pending ratio
Median Price
$399,750
⇧ 33.5% vs $299,500 last year
Average Price
$484,438
⇧ 26.8% vs $382,047 last year
Days on Market
82
⇧ 43.9% vs 57 days last year

Market Context

Population: 46,412  ·  Density: 835.1/mi²  ·  Median household income: $58,228

Typical home value: $340,482  ·  Homeownership: 34.3%

Market Analysis

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

The RENO, NV real estate market (89502) currently shows 56 active listings, with 18 pending sales. Homes are averaging 82 days on the market before going under contract.

Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 82 days on market compared to 57 days last year.

The median listing price has risen 33.5% year-over-year, from $299,500 to $399,750.

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.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 80 last year
  • Days on market: 82 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $399,750 (+33.5% YoY)
  • Average: $484,438 (+26.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.3 miles — 1,065 listings ($1,020,914,873 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89502Reno, NV 895020.0 mi56$27,128,528$399,750$484,438
89501Reno, NV 895014.1 mi36$19,702,224$462,500$547,284
89512Reno, NV 895125.0 mi47$14,666,726$219,900$312,058
89519Reno, NV 895196.1 mi36$49,125,888$999,898$1,364,608
89436Sparks, NV 894368.5 mi202$137,281,422$615,000$679,611
89521Reno, NV 895219.2 mi156$140,772,528$737,225$902,388
89434Sparks, NV 8943411.8 mi48$24,662,688$440,000$513,806
89441Sparks, NV 8944113.3 mi65$51,911,535$751,737$798,639
89506Reno, NV 8950614.9 mi137$68,942,921$489,950$503,233
89704Washoe Valley, NV 8970416.1 mi15$30,538,815$1,498,888$2,035,921
89451Incline Village, NV 8945118.9 mi119$368,253,830$1,500,000$3,094,570
89403Dayton, NV 8940321.4 mi95$52,025,515$489,450$547,637
89508Reno, NV 8950822.3 mi53$35,902,253$543,169$677,401

Frequently Asked Questions

How many homes are for sale in RENO, NV 89502?

As of January 2026, there are 56 active listings in RENO, NV (zip code 89502), compared to 80 the prior year.

What is the median home price in RENO, NV 89502?

The median listing price in RENO, NV 89502 is $399,750 as of January 2026, a 33.5% increase from $299,500 the prior year.

How long do homes stay on the market in RENO, NV?

Homes in RENO, NV 89502 spend an average of 82 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in RENO, NV 89502?

Based on current inventory and days-on-market data as of January 2026, RENO, NV 89502 is currently a Balanced Market. Inventory has tightened compared to last year, with 24 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 82 days on market compared to 57 days last year.

How much can I save on real estate commission in RENO, NV?

With SELL123.com's maximum 3% commission, sellers in RENO, NV 89502 save an estimated $7,995 compared to a typical 5% commission on the median listing price of $399,750. 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.