Data as of March 2026. Source: Realtor.com.
The RENO, NV real estate market (89502) currently shows 72 active listings, with 32 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 41 days on market compared to 61 days last year.
The median listing price has fallen 3% year-over-year, from $317,450 to $308,000.
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: 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 March 2026, there are 72 active listings in RENO, NV (zip code 89502), compared to 86 the prior year.
The median listing price in RENO, NV 89502 is $308,000 as of March 2026, a 3% decrease from $317,450 the prior year.
Homes in RENO, NV 89502 spend an average of 41 days on the market before going under contract, compared to 61 days the prior year.
Based on current inventory and days-on-market data as of March 2026, RENO, NV 89502 is currently a Seller's Market. Inventory has tightened compared to last year, with 14 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 41 days on market compared to 61 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89502 save an estimated $6,160 compared to a typical 5% commission on the median listing price of $308,000. 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.