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RENO, NV 89521

Real Estate Market Report  ·  Storey County
Buyer's Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The RENO, NV real estate market (89521) currently shows 216 active listings, with 85 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has increased compared to last year, with 58 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 40 days on market compared to 33 days last year.

The median listing price has risen 3.7% year-over-year, from $750,000 to $777,488.

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: 38,484  ·  Density: 159.8/mi²  ·  Median household income: $116,246

Typical home value: $579,541  ·  Homeownership: 71.5%

Market Overview

Active Listings
216
⇧ 36.7% vs 158 last year
Pending
85
39% pending ratio
Median Price
$777,488
⇧ 3.7% vs $750,000 last year
Average Price
$885,309
⇧ 0.5% vs $881,118 last year
Days on Market
40
⇧ 21.2% vs 33 days last year

Price Per Square Foot

Median $/sqft
$347
⇩ 6.2% vs $370/sqft last year
Median Home Size
2,298 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 216 this year vs 158 last year
  • Days on market: 40 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $777,488 (+3.7% YoY)
  • Average: $885,309 (+0.5% 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 20.3 miles — 780 listings ($747,711,557 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89521Reno, NV 895210.0 mi186$163,470,936$738,216$878,876
89428Silver City, NV 894288.3 mi3$825,000$275,000$275,000
89704Washoe Valley, NV 8970410.4 mi13$26,336,375$1,173,250$2,025,875
89511Reno, NV 8951111.6 mi130$276,982,420$1,956,250$2,130,634
89431Sparks, NV 8943112.2 mi62$21,590,942$331,875$348,241
89403Dayton, NV 8940312.8 mi100$55,580,900$491,075$555,809
89434Sparks, NV 8943413.9 mi49$24,449,530$437,450$498,970
89503Reno, NV 8950314.6 mi74$32,699,120$449,188$441,880
89701Carson City, NV 8970116.3 mi62$29,192,452$449,750$470,846
89433Sun Valley, NV 8943316.5 mi19$9,483,356$505,975$499,124
89703Carson City, NV 8970317.7 mi45$38,307,285$683,075$851,273
89439Verdi, NV 8943919.7 mi15$17,377,635$985,750$1,158,509
96143Kings Beach, CA 9614320.3 mi22$51,415,606$636,000$2,337,073

Frequently Asked Questions

How many homes are for sale in RENO, NV 89521?

As of March 2026, there are 216 active listings in RENO, NV (zip code 89521), compared to 158 the prior year.

What is the median home price in RENO, NV 89521?

The median listing price in RENO, NV 89521 is $777,488 as of March 2026, a 3.7% increase from $750,000 the prior year.

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

Homes in RENO, NV 89521 spend an average of 40 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in RENO, NV 89521?

Based on current inventory and days-on-market data as of March 2026, RENO, NV 89521 is currently a Buyer's Market. Inventory has increased compared to last year, with 58 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 40 days on market compared to 33 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 89521 save an estimated $15,550 compared to a typical 5% commission on the median listing price of $777,488. 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.