North Valleys · Northeast
Data as of September 2026. Source: Realtor.com.
The RENO, NV real estate market (89506) currently shows 136 active listings, with 56 pending sales. Homes are averaging 52 days on the market before going under contract.
Inventory has tightened compared to last year, with 55 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 52 days on market compared to 58 days last year.
The median listing price has risen 5.6% year-over-year, from $473,038 to $499,450.
Population: 45,383 · Density: 192.3/mi² · Median household income: $82,606
Typical home value: $352,551 · Homeownership: 67.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89506 | Reno, NV 89506 | 0.0 mi | 149 | $78,199,968 | $516,250 | $524,832 |
| 89433 | Sun Valley, NV 89433 | 7.6 mi | 19 | $9,483,356 | $505,975 | $499,124 |
| 89436 | Sparks, NV 89436 | 9.2 mi | 232 | $161,362,264 | $635,357 | $695,527 |
| 89503 | Reno, NV 89503 | 11.1 mi | 74 | $32,699,120 | $449,188 | $441,880 |
| 89501 | Reno, NV 89501 | 12.1 mi | 39 | $21,330,543 | $461,250 | $546,937 |
| 89509 | Reno, NV 89509 | 14.1 mi | 115 | $137,427,070 | $712,500 | $1,195,018 |
| 89519 | Reno, NV 89519 | 15.0 mi | 41 | $44,855,189 | $949,985 | $1,094,029 |
| 89510 | Reno, NV 89510 | 16.9 mi | 7 | $8,486,219 | $1,300,000 | $1,212,317 |
| 89511 | Reno, NV 89511 | 20.5 mi | 130 | $276,982,420 | $1,956,250 | $2,130,634 |
| 96111 | Floriston, CA 96111 | 22.2 mi | 1 | $719,000 | $719,000 | $719,000 |
| 89521 | Reno, NV 89521 | 24.1 mi | 186 | $163,470,936 | $738,216 | $878,876 |
| 89442 | Wadsworth, NV 89442 | 25.3 mi | 2 | $2,349,900 | $1,174,950 | $1,174,950 |
| 89440 | Virginia City, NV 89440 | 29.3 mi | 4 | $2,255,948 | $561,069 | $563,987 |
As of September 2026, there are 136 active listings in RENO, NV (zip code 89506), compared to 191 the prior year.
The median listing price in RENO, NV 89506 is $499,450 as of September 2026, a 5.6% increase from $473,038 the prior year.
Homes in RENO, NV 89506 spend an average of 52 days on the market before going under contract, compared to 58 days the prior year.
Based on current inventory and days-on-market data as of September 2026, RENO, NV 89506 is currently a Seller's Market. Inventory has tightened compared to last year, with 55 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 52 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89506 save an estimated $9,989 compared to a typical 5% commission on the median listing price of $499,450. 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.