Population: 30,446 · Density: 1,903.7/mi² · Median household income: $61,099
Typical home value: $406,300 · Homeownership: 44.6%
Data as of January 2026. Source: Realtor.com.
The RENO, NV real estate market (89503) currently shows 74 active listings, with 25 pending sales. Homes are averaging 59 days on the market before going under contract.
Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.
Homes are selling faster, averaging 59 days on market compared to 74 days last year.
The median listing price has risen 19.7% year-over-year, from $377,500 to $451,950.
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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89503 | Reno, NV 89503 | 0.0 mi | 74 | $32,430,574 | $451,950 | $438,251 |
| 89512 | Reno, NV 89512 | 2.2 mi | 47 | $14,666,726 | $219,900 | $312,058 |
| 89519 | Reno, NV 89519 | 4.0 mi | 36 | $49,125,888 | $999,898 | $1,364,608 |
| 89431 | Sparks, NV 89431 | 4.8 mi | 62 | $21,969,266 | $331,000 | $354,343 |
| 89502 | Reno, NV 89502 | 5.9 mi | 56 | $27,128,528 | $399,750 | $484,438 |
| 89436 | Sparks, NV 89436 | 8.9 mi | 202 | $137,281,422 | $615,000 | $679,611 |
| 89506 | Reno, NV 89506 | 11.1 mi | 137 | $68,942,921 | $489,950 | $503,233 |
| 96111 | Floriston, CA 96111 | 12.8 mi | 1 | $719,000 | $719,000 | $719,000 |
| 89434 | Sparks, NV 89434 | 16.3 mi | 48 | $24,662,688 | $440,000 | $513,806 |
| 89704 | Washoe Valley, NV 89704 | 18.9 mi | 15 | $30,538,815 | $1,498,888 | $2,035,921 |
| 89451 | Incline Village, NV 89451 | 19.7 mi | 119 | $368,253,830 | $1,500,000 | $3,094,570 |
| 89428 | Silver City, NV 89428 | 22.6 mi | 3 | $712,500 | $237,500 | $237,500 |
| 96118 | Loyalton, CA 96118 | 23.2 mi | 9 | $3,021,039 | $340,000 | $335,671 |
As of January 2026, there are 74 active listings in RENO, NV (zip code 89503), compared to 64 the prior year.
The median listing price in RENO, NV 89503 is $451,950 as of January 2026, a 19.7% increase from $377,500 the prior year.
Homes in RENO, NV 89503 spend an average of 59 days on the market before going under contract, compared to 74 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RENO, NV 89503 is currently a Balanced Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are selling faster, averaging 59 days on market compared to 74 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89503 save an estimated $9,039 compared to a typical 5% commission on the median listing price of $451,950. 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.