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North Valley Northeast West University

RENO, NV 89512

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 89512

North Valley · Northeast · West University

Market Analysis

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

The RENO, NV real estate market (89512) currently shows 44 active listings, with 17 pending sales. Homes are averaging 59 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 selling faster, averaging 59 days on market compared to 100 days last year.

The median listing price has fallen 9.9% year-over-year, from $226,000 to $203,650.

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: 28,055  ·  Density: 1,745.9/mi²  ·  Median household income: $45,286

Typical home value: $278,858  ·  Homeownership: 27.6%

Market Overview

Active Listings
44
⇩ 21.4% vs 56 last year
Pending
17
39% pending ratio
Median Price
$203,650
⇩ 9.9% vs $226,000 last year
Average Price
$270,645
⇩ 15% vs $318,455 last year
Days on Market
59
⇩ 41% vs 100 days last year

Price Per Square Foot

Median $/sqft
$248
⇧ 5.1% vs $236/sqft last year
Median Home Size
919 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 44 this year vs 56 last year
  • Days on market: 59 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $203,650 (-9.9% YoY)
  • Average: $270,645 (-15% 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 24.8 miles — 861 listings ($1,062,363,582 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89512Reno, NV 895120.0 mi46$11,385,230$182,300$247,505
89503Reno, NV 895032.2 mi74$32,699,120$449,188$441,880
89433Sun Valley, NV 894333.3 mi19$9,483,356$505,975$499,124
89502Reno, NV 895025.0 mi66$33,030,360$365,125$500,460
89523Reno, NV 895236.3 mi100$103,285,500$756,758$1,032,855
89506Reno, NV 8950610.3 mi149$78,199,968$516,250$524,832
89441Sparks, NV 8944110.7 mi64$50,617,920$748,500$790,905
89521Reno, NV 8952114.2 mi186$163,470,936$738,216$878,876
96111Floriston, CA 9611114.9 mi1$719,000$719,000$719,000
89440Virginia City, NV 8944019.3 mi4$2,255,948$561,069$563,987
89451Incline Village, NV 8945121.2 mi121$358,339,564$1,488,000$2,961,484
96143Kings Beach, CA 9614323.5 mi22$51,415,606$636,000$2,337,073
89402Crystal Bay, NV 8940224.8 mi9$167,461,074$11,900,000$18,606,786

Frequently Asked Questions

How many homes are for sale in RENO, NV 89512?

As of March 2026, there are 44 active listings in RENO, NV (zip code 89512), compared to 56 the prior year.

What is the median home price in RENO, NV 89512?

The median listing price in RENO, NV 89512 is $203,650 as of March 2026, a 9.9% decrease from $226,000 the prior year.

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

Homes in RENO, NV 89512 spend an average of 59 days on the market before going under contract, compared to 100 days the prior year.

Is it a seller's or buyer's market in RENO, NV 89512?

Based on current inventory and days-on-market data as of March 2026, RENO, NV 89512 is currently a Seller's Market. Inventory has tightened compared to last year, with 12 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 100 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 89512 save an estimated $4,073 compared to a typical 5% commission on the median listing price of $203,650. 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.