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WASHOE VALLEY, NV 89704

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

Market Analysis

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

The WASHOE VALLEY, NV real estate market (89704) currently shows 12 active listings, with 4 pending sales. Homes are averaging 62 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 62 days on market compared to 68 days last year.

The median listing price has risen 26.2% year-over-year, from $1,398,000 to $1,764,825.

Whether you are buying or selling in WASHOE VALLEY, 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: 4,644  ·  Density: 23.5/mi²  ·  Median household income: $102,321

Typical home value: $524,610  ·  Homeownership: 95.6%

Market Overview

Active Listings
12
⇩ 20% vs 15 last year
Pending
4
33% pending ratio
Median Price
$1,764,825
⇧ 26.2% vs $1,398,000 last year
Average Price
$2,511,690
⇧ 6.7% vs $2,354,600 last year
Days on Market
62
⇩ 8.8% vs 68 days last year

Price Per Square Foot

Median $/sqft
$528
⇧ 21.9% vs $433/sqft last year
Median Home Size
2,884 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 12 this year vs 15 last year
  • Days on market: 62 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $1,764,825 (+26.2% YoY)
  • Average: $2,511,690 (+6.7% 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 18.9 miles — 498 listings ($788,989,368 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89704Washoe Valley, NV 897040.0 mi13$26,336,375$1,173,250$2,025,875
89706Carson City, NV 897067.1 mi21$10,993,584$464,950$523,504
89440Virginia City, NV 894408.5 mi4$2,255,948$561,069$563,987
89402Crystal Bay, NV 8940210.3 mi9$167,461,074$11,900,000$18,606,786
89511Reno, NV 8951110.4 mi130$276,982,420$1,956,250$2,130,634
96143Kings Beach, CA 9614311.3 mi22$51,415,606$636,000$2,337,073
96148Tahoe Vista, CA 9614812.9 mi36$46,327,428$822,250$1,286,873
96111Floriston, CA 9611114.8 mi1$719,000$719,000$719,000
96140Carnelian Bay, CA 9614015.5 mi15$26,704,230$1,007,500$1,780,282
89502Reno, NV 8950216.1 mi66$33,030,360$365,125$500,460
89403Dayton, NV 8940317.7 mi100$55,580,900$491,075$555,809
89423Minden, NV 8942317.8 mi67$66,494,619$736,925$992,457
89448Zephyr Cove, NV 8944818.9 mi14$24,687,824$1,433,750$1,763,416

Frequently Asked Questions

How many homes are for sale in WASHOE VALLEY, NV 89704?

As of March 2026, there are 12 active listings in WASHOE VALLEY, NV (zip code 89704), compared to 15 the prior year.

What is the median home price in WASHOE VALLEY, NV 89704?

The median listing price in WASHOE VALLEY, NV 89704 is $1,764,825 as of March 2026, a 26.2% increase from $1,398,000 the prior year.

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

Homes in WASHOE VALLEY, NV 89704 spend an average of 62 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in WASHOE VALLEY, NV 89704?

Based on current inventory and days-on-market data as of March 2026, WASHOE VALLEY, NV 89704 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 62 days on market compared to 68 days last year.

How much can I save on real estate commission in WASHOE VALLEY, NV?

With SELL123.com's maximum 3% commission, sellers in WASHOE VALLEY, NV 89704 save an estimated $35,297 compared to a typical 5% commission on the median listing price of $1,764,825. 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.