Population: 29,038 · Density: 85.2/mi² · Median household income: $114,653
Typical home value: $843,021 · Homeownership: 67.6%
Data as of January 2026. Source: Realtor.com.
The RENO, NV real estate market (89511) currently shows 129 active listings, with 44 pending sales. Homes are averaging 123 days on the market before going under contract.
Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 123 days on market compared to 90 days last year.
The median listing price has risen 10.1% year-over-year, from $1,812,738 to $1,995,000.
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 $ |
|---|---|---|---|---|---|---|
| 89511 | Reno, NV 89511 | 0.0 mi | 129 | $303,858,468 | $1,995,000 | $2,355,492 |
| 96111 | Floriston, CA 96111 | 6.9 mi | 1 | $719,000 | $719,000 | $719,000 |
| 89523 | Reno, NV 89523 | 8.2 mi | 104 | $111,483,736 | $744,500 | $1,071,959 |
| 89503 | Reno, NV 89503 | 9.6 mi | 74 | $32,430,574 | $451,950 | $438,251 |
| 89439 | Verdi, NV 89439 | 9.6 mi | 13 | $13,884,884 | $885,000 | $1,068,068 |
| 89704 | Washoe Valley, NV 89704 | 10.4 mi | 15 | $30,538,815 | $1,498,888 | $2,035,921 |
| 89521 | Reno, NV 89521 | 11.6 mi | 156 | $140,772,528 | $737,225 | $902,388 |
| 96143 | Kings Beach, CA 96143 | 12.5 mi | 26 | $86,754,304 | $689,000 | $3,336,704 |
| 96148 | Tahoe Vista, CA 96148 | 14.2 mi | 33 | $43,597,125 | $775,000 | $1,321,125 |
| 89433 | Sun Valley, NV 89433 | 14.4 mi | 15 | $7,438,800 | $472,450 | $495,920 |
| 96160 | Truckee, CA 96160 | 16.5 mi | 1 | $2,395,000 | $2,395,000 | $2,395,000 |
| 89428 | Silver City, NV 89428 | 17.3 mi | 3 | $712,500 | $237,500 | $237,500 |
| 89703 | Carson City, NV 89703 | 17.7 mi | 43 | $33,472,146 | $637,500 | $778,422 |
As of January 2026, there are 129 active listings in RENO, NV (zip code 89511), compared to 141 the prior year.
The median listing price in RENO, NV 89511 is $1,995,000 as of January 2026, a 10.1% increase from $1,812,738 the prior year.
Homes in RENO, NV 89511 spend an average of 123 days on the market before going under contract, compared to 90 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RENO, NV 89511 is currently a Balanced Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 123 days on market compared to 90 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89511 save an estimated $39,900 compared to a typical 5% commission on the median listing price of $1,995,000. 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.