Population: 36,538 · Density: 747.0/mi² · Median household income: $94,915
Typical home value: $512,302 · Homeownership: 61.0%
Data as of January 2026. Source: Realtor.com.
The RENO, NV real estate market (89523) currently shows 104 active listings, with 37 pending sales. Homes are averaging 69 days on the market before going under contract.
Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.
Homes are selling faster, averaging 69 days on market compared to 77 days last year.
The median listing price has risen 21.3% year-over-year, from $613,725 to $744,500.
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 $ |
|---|---|---|---|---|---|---|
| 89523 | Reno, NV 89523 | 0.0 mi | 104 | $111,483,736 | $744,500 | $1,071,959 |
| 89503 | Reno, NV 89503 | 4.1 mi | 74 | $32,430,574 | $451,950 | $438,251 |
| 89509 | Reno, NV 89509 | 5.0 mi | 128 | $141,202,944 | $695,000 | $1,103,148 |
| 89512 | Reno, NV 89512 | 6.3 mi | 47 | $14,666,726 | $219,900 | $312,058 |
| 89431 | Sparks, NV 89431 | 8.7 mi | 62 | $21,969,266 | $331,000 | $354,343 |
| 89502 | Reno, NV 89502 | 9.1 mi | 56 | $27,128,528 | $399,750 | $484,438 |
| 89436 | Sparks, NV 89436 | 12.9 mi | 202 | $137,281,422 | $615,000 | $679,611 |
| 89441 | Sparks, NV 89441 | 16.2 mi | 65 | $51,911,535 | $751,737 | $798,639 |
| 89451 | Incline Village, NV 89451 | 17.8 mi | 119 | $368,253,830 | $1,500,000 | $3,094,570 |
| 89704 | Washoe Valley, NV 89704 | 18.4 mi | 15 | $30,538,815 | $1,498,888 | $2,035,921 |
| 96160 | Truckee, CA 96160 | 19.6 mi | 1 | $2,395,000 | $2,395,000 | $2,395,000 |
| 89434 | Sparks, NV 89434 | 20.3 mi | 48 | $24,662,688 | $440,000 | $513,806 |
| 96161 | Truckee, CA 96161 | 20.7 mi | 255 | $501,594,945 | $1,162,500 | $1,967,039 |
As of January 2026, there are 104 active listings in RENO, NV (zip code 89523), compared to 91 the prior year.
The median listing price in RENO, NV 89523 is $744,500 as of January 2026, a 21.3% increase from $613,725 the prior year.
Homes in RENO, NV 89523 spend an average of 69 days on the market before going under contract, compared to 77 days the prior year.
Based on current inventory and days-on-market data as of January 2026, RENO, NV 89523 is currently a Balanced Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are selling faster, averaging 69 days on market compared to 77 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89523 save an estimated $14,890 compared to a typical 5% commission on the median listing price of $744,500. 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.