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RENO, NV 89519

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The RENO, NV real estate market (89519) currently shows 44 active listings, with 14 pending sales. Homes are averaging 46 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 46 days on market compared to 62 days last year.

The median listing price has fallen 41.8% year-over-year, from $1,595,000 to $927,845.

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: 9,313  ·  Density: 553.4/mi²  ·  Median household income: $150,646

Typical home value: $807,388  ·  Homeownership: 79.4%

Market Overview

Active Listings
44
vs 44 last year
Pending
14
32% pending ratio
Median Price
$927,845
⇩ 41.8% vs $1,595,000 last year
Average Price
$1,095,288
⇩ 33% vs $1,633,752 last year
Days on Market
46
⇩ 25.8% vs 62 days last year

Price Per Square Foot

Median $/sqft
$361
⇩ 11.3% vs $407/sqft last year
Median Home Size
2,669 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 46 now vs 62 last year

Median & Average Pricing

Year over Year
  • Median: $927,845 (-41.8% YoY)
  • Average: $1,095,288 (-33% 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 20.2 miles — 846 listings ($841,640,158 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89519Reno, NV 895190.0 mi41$44,855,189$949,985$1,094,029
89501Reno, NV 895013.8 mi39$21,330,543$461,250$546,937
89503Reno, NV 895034.0 mi74$32,699,120$449,188$441,880
89512Reno, NV 895125.7 mi46$11,385,230$182,300$247,505
89431Sparks, NV 894316.9 mi62$21,590,942$331,875$348,241
89433Sun Valley, NV 894338.9 mi19$9,483,356$505,975$499,124
89436Sparks, NV 8943612.2 mi232$161,362,264$635,357$695,527
89506Reno, NV 8950615.0 mi149$78,199,968$516,250$524,832
89451Incline Village, NV 8945115.7 mi121$358,339,564$1,488,000$2,961,484
89440Virginia City, NV 8944016.8 mi4$2,255,948$561,069$563,987
96143Kings Beach, CA 9614317.9 mi22$51,415,606$636,000$2,337,073
96148Tahoe Vista, CA 9614819.4 mi36$46,327,428$822,250$1,286,873
96160Truckee, CA 9616020.2 mi1$2,395,000$2,395,000$2,395,000

Frequently Asked Questions

How many homes are for sale in RENO, NV 89519?

As of March 2026, there are 44 active listings in RENO, NV (zip code 89519), compared to 44 the prior year.

What is the median home price in RENO, NV 89519?

The median listing price in RENO, NV 89519 is $927,845 as of March 2026, a 41.8% decrease from $1,595,000 the prior year.

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

Homes in RENO, NV 89519 spend an average of 46 days on the market before going under contract, compared to 62 days the prior year.

Is it a seller's or buyer's market in RENO, NV 89519?

Based on current inventory and days-on-market data as of March 2026, RENO, NV 89519 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 46 days on market compared to 62 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 89519 save an estimated $18,557 compared to a typical 5% commission on the median listing price of $927,845. 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.