Data as of July 2026. Source: Realtor.com.
The RENO, NV real estate market (89502) currently shows 75 active listings, with 26 pending sales. Homes are averaging 42 days on the market before going under contract.
Inventory has tightened compared to last year, with 61 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 42 days on market compared to 54 days last year.
The median listing price has risen 16.9% year-over-year, from $362,450 to $423,724.
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: 46,412 · Density: 835.1/mi² · Median household income: $58,228
Typical home value: $340,482 · Homeownership: 34.3%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89502 | Reno, NV 89502 | 0.0 mi | 66 | $33,030,360 | $365,125 | $500,460 |
| 89501 | Reno, NV 89501 | 4.1 mi | 39 | $21,330,543 | $461,250 | $546,937 |
| 89512 | Reno, NV 89512 | 5.0 mi | 46 | $11,385,230 | $182,300 | $247,505 |
| 89519 | Reno, NV 89519 | 6.1 mi | 41 | $44,855,189 | $949,985 | $1,094,029 |
| 89436 | Sparks, NV 89436 | 8.5 mi | 232 | $161,362,264 | $635,357 | $695,527 |
| 89521 | Reno, NV 89521 | 9.2 mi | 186 | $163,470,936 | $738,216 | $878,876 |
| 89434 | Sparks, NV 89434 | 11.8 mi | 49 | $24,449,530 | $437,450 | $498,970 |
| 89441 | Sparks, NV 89441 | 13.3 mi | 64 | $50,617,920 | $748,500 | $790,905 |
| 89506 | Reno, NV 89506 | 14.9 mi | 149 | $78,199,968 | $516,250 | $524,832 |
| 89704 | Washoe Valley, NV 89704 | 16.1 mi | 13 | $26,336,375 | $1,173,250 | $2,025,875 |
| 89451 | Incline Village, NV 89451 | 18.9 mi | 121 | $358,339,564 | $1,488,000 | $2,961,484 |
| 89403 | Dayton, NV 89403 | 21.4 mi | 100 | $55,580,900 | $491,075 | $555,809 |
| 89508 | Reno, NV 89508 | 22.3 mi | 49 | $34,480,712 | $547,058 | $703,688 |
As of July 2026, there are 75 active listings in RENO, NV (zip code 89502), compared to 136 the prior year.
The median listing price in RENO, NV 89502 is $423,724 as of July 2026, a 16.9% increase from $362,450 the prior year.
Homes in RENO, NV 89502 spend an average of 42 days on the market before going under contract, compared to 54 days the prior year.
Based on current inventory and days-on-market data as of July 2026, RENO, NV 89502 is currently a Seller's Market. Inventory has tightened compared to last year, with 61 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 42 days on market compared to 54 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89502 save an estimated $8,474 compared to a typical 5% commission on the median listing price of $423,724. 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.