Data as of September 2026. Source: Realtor.com.
The RENO, NV real estate market (89508) currently shows 59 active listings, with 17 pending sales. Homes are averaging 38 days on the market before going under contract.
Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 38 days on market compared to 58 days last year.
The median listing price has fallen 6.8% year-over-year, from $541,542 to $504,725.
Population: 14,596 · Density: 37.5/mi² · Median household income: $88,341
Typical home value: $394,068 · Homeownership: 92.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89508 | Reno, NV 89508 | 0.0 mi | 49 | $34,480,712 | $547,058 | $703,688 |
| 96105 | Chilcoot, CA 96105 | 13.8 mi | 1 | $580,000 | $580,000 | $580,000 |
| 89441 | Sparks, NV 89441 | 14.6 mi | 64 | $50,617,920 | $748,500 | $790,905 |
| 89436 | Sparks, NV 89436 | 17.1 mi | 232 | $161,362,264 | $635,357 | $695,527 |
| 89512 | Reno, NV 89512 | 17.4 mi | 46 | $11,385,230 | $182,300 | $247,505 |
| 89523 | Reno, NV 89523 | 18.1 mi | 100 | $103,285,500 | $756,758 | $1,032,855 |
| 89501 | Reno, NV 89501 | 18.9 mi | 39 | $21,330,543 | $461,250 | $546,937 |
| 96118 | Loyalton, CA 96118 | 19.8 mi | 7 | $2,287,761 | $336,250 | $326,823 |
| 89519 | Reno, NV 89519 | 21.0 mi | 41 | $44,855,189 | $949,985 | $1,094,029 |
| 96129 | Beckwourth, CA 96129 | 22.7 mi | 2 | $3,700,000 | $1,850,000 | $1,850,000 |
| 89511 | Reno, NV 89511 | 26.2 mi | 130 | $276,982,420 | $1,956,250 | $2,130,634 |
| 96122 | Portola, CA 96122 | 29.3 mi | 29 | $15,298,080 | $324,000 | $527,520 |
| 96113 | Herlong, CA 96113 | 30.0 mi | 5 | $672,330 | $134,000 | $134,466 |
As of September 2026, there are 59 active listings in RENO, NV (zip code 89508), compared to 62 the prior year.
The median listing price in RENO, NV 89508 is $504,725 as of September 2026, a 6.8% decrease from $541,542 the prior year.
Homes in RENO, NV 89508 spend an average of 38 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 89508 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 38 days on market compared to 58 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89508 save an estimated $10,095 compared to a typical 5% commission on the median listing price of $504,725. 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.