Northeast · West University
Data as of July 2026. Source: Realtor.com.
The RENO, NV real estate market (89503) currently shows 75 active listings, with 29 pending sales. Homes are averaging 41 days on the market before going under contract.
Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 41 days on market compared to 45 days last year.
The median listing price has risen 5.6% year-over-year, from $452,500 to $477,925.
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: 30,446 · Density: 1,903.7/mi² · Median household income: $61,099
Typical home value: $406,300 · Homeownership: 44.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89503 | Reno, NV 89503 | 0.0 mi | 74 | $32,699,120 | $449,188 | $441,880 |
| 89512 | Reno, NV 89512 | 2.2 mi | 46 | $11,385,230 | $182,300 | $247,505 |
| 89519 | Reno, NV 89519 | 4.0 mi | 41 | $44,855,189 | $949,985 | $1,094,029 |
| 89431 | Sparks, NV 89431 | 4.8 mi | 62 | $21,590,942 | $331,875 | $348,241 |
| 89502 | Reno, NV 89502 | 5.9 mi | 66 | $33,030,360 | $365,125 | $500,460 |
| 89436 | Sparks, NV 89436 | 8.9 mi | 232 | $161,362,264 | $635,357 | $695,527 |
| 89506 | Reno, NV 89506 | 11.1 mi | 149 | $78,199,968 | $516,250 | $524,832 |
| 96111 | Floriston, CA 96111 | 12.8 mi | 1 | $719,000 | $719,000 | $719,000 |
| 89434 | Sparks, NV 89434 | 16.3 mi | 49 | $24,449,530 | $437,450 | $498,970 |
| 89704 | Washoe Valley, NV 89704 | 18.9 mi | 13 | $26,336,375 | $1,173,250 | $2,025,875 |
| 89451 | Incline Village, NV 89451 | 19.7 mi | 121 | $358,339,564 | $1,488,000 | $2,961,484 |
| 89428 | Silver City, NV 89428 | 22.6 mi | 3 | $825,000 | $275,000 | $275,000 |
| 96118 | Loyalton, CA 96118 | 23.2 mi | 7 | $2,287,761 | $336,250 | $326,823 |
As of July 2026, there are 75 active listings in RENO, NV (zip code 89503), compared to 91 the prior year.
The median listing price in RENO, NV 89503 is $477,925 as of July 2026, a 5.6% increase from $452,500 the prior year.
Homes in RENO, NV 89503 spend an average of 41 days on the market before going under contract, compared to 45 days the prior year.
Based on current inventory and days-on-market data as of July 2026, RENO, NV 89503 is currently a Seller's Market. Inventory has tightened compared to last year, with 16 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 41 days on market compared to 45 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89503 save an estimated $9,559 compared to a typical 5% commission on the median listing price of $477,925. 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.