North Valleys · Northeast
Data as of July 2026. Source: Realtor.com.
The RENO, NV real estate market (89506) currently shows 143 active listings, with 66 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 42 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 38 days on market compared to 37 days last year.
The median listing price has risen 4.5% year-over-year, from $480,000 to $501,750.
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: 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 July 2026, there are 143 active listings in RENO, NV (zip code 89506), compared to 185 the prior year.
The median listing price in RENO, NV 89506 is $501,750 as of July 2026, a 4.5% increase from $480,000 the prior year.
Homes in RENO, NV 89506 spend an average of 38 days on the market before going under contract, compared to 37 days the prior year.
Based on current inventory and days-on-market data as of July 2026, RENO, NV 89506 is currently a Balanced Market. Inventory has tightened compared to last year, with 42 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 38 days on market compared to 37 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89506 save an estimated $10,035 compared to a typical 5% commission on the median listing price of $501,750. 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.