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Caughlin Ranch

RENO, NV 89509

Real Estate Market Report  ·  Washoe County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The RENO, NV real estate market (89509) currently shows 139 active listings, with 57 pending sales. Homes are averaging 51 days on the market before going under contract.

Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 51 days on market compared to 48 days last year.

The median listing price has risen 17.6% year-over-year, from $637,500 to $749,750.

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.

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Market Context

Market Context

Population: 36,048  ·  Density: 1,577.4/mi²  ·  Median household income: $78,362

Typical home value: $624,984  ·  Homeownership: 52.8%

Market Overview

Active Listings
139
⇩ 6.7% vs 149 last year
Pending
57
41% pending ratio
Median Price
$749,750
⇧ 17.6% vs $637,500 last year
Average Price
$1,202,848
⇧ 40.3% vs $857,565 last year
Days on Market
51
⇧ 6.3% vs 48 days last year

Price Per Square Foot

Median $/sqft
$355
⇧ 2% vs $348/sqft last year
Median Home Size
2,050 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 139 this year vs 149 last year
  • Days on market: 51 now vs 48 last year

Median & Average Pricing

Year over Year
  • Median: $749,750 (+17.6% YoY)
  • Average: $1,202,848 (+40.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 20.6 miles — 704 listings ($772,189,591 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89509Reno, NV 895090.0 mi115$137,427,070$712,500$1,195,018
89501Reno, NV 895012.2 mi39$21,330,543$461,250$546,937
89512Reno, NV 895124.2 mi46$11,385,230$182,300$247,505
89523Reno, NV 895235.0 mi100$103,285,500$756,758$1,032,855
89511Reno, NV 895117.0 mi130$276,982,420$1,956,250$2,130,634
89439Verdi, NV 894398.9 mi15$17,377,635$985,750$1,158,509
96111Floriston, CA 9611111.5 mi1$719,000$719,000$719,000
89506Reno, NV 8950614.1 mi149$78,199,968$516,250$524,832
89704Washoe Valley, NV 8970415.8 mi13$26,336,375$1,173,250$2,025,875
89440Virginia City, NV 8944016.4 mi4$2,255,948$561,069$563,987
96143Kings Beach, CA 9614319.5 mi22$51,415,606$636,000$2,337,073
89706Carson City, NV 8970620.3 mi21$10,993,584$464,950$523,504
89508Reno, NV 8950820.6 mi49$34,480,712$547,058$703,688

Frequently Asked Questions

How many homes are for sale in RENO, NV 89509?

As of April 2026, there are 139 active listings in RENO, NV (zip code 89509), compared to 149 the prior year.

What is the median home price in RENO, NV 89509?

The median listing price in RENO, NV 89509 is $749,750 as of April 2026, a 17.6% increase from $637,500 the prior year.

How long do homes stay on the market in RENO, NV?

Homes in RENO, NV 89509 spend an average of 51 days on the market before going under contract, compared to 48 days the prior year.

Is it a seller's or buyer's market in RENO, NV 89509?

Based on current inventory and days-on-market data as of April 2026, RENO, NV 89509 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 51 days on market compared to 48 days last year.

How much can I save on real estate commission in RENO, NV?

With SELL123.com's maximum 3% commission, sellers in RENO, NV 89509 save an estimated $14,995 compared to a typical 5% commission on the median listing price of $749,750. 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.