Reno Market Report
$872,733
AVERAGE PRICE OF 1,013 HOMES$558,503
AVERAGE PRICE OF 24 DISTRESSED HOMES$2,147,415
AVERAGE PRICE OF 221 MULTI-MILLION DOLLAR HOMES$1,021,726
AVERAGE PRICE OF 113 NEWLY BUILT HOMES$669,775
AVERAGE PRICE OF 79 HOMES WITH A POOL$947,850
AVERAGE PRICE OF 45 REDUCED PRICE HOMESAverage Home
| Average Price | $872,733 |
| Avg Bedrooms | 3.13 beds |
| Avg Bathrooms | 2.7 baths |
Average Price by Bedrooms
| 1 bedroom | $258,838 |
| 2 bedrooms | $444,598 |
| 3 bedrooms | $746,165 |
| 4 bedrooms | $1,176,220 |
| 5 bedrooms | $1,715,992 |
Reno Home Price Trends
| 12/2024 | 11/2024 | 10/2024 | 9/2024 | 8/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,152 | 1,296 | 1,356 | 1,375 | 1,309 |
| Average Price | $866,851 | $898,488 | $907,221 | $926,325 | $943,619 |
| Avg Price Change | -3.65% | -0.97% | -2.11% | -1.87% | -1.81% |
| Median Price | $580,438 | $593,710 | $598,484 | $590,335 | $596,242 |
| Med Price Change | -2.29% | -0.80% | +1.38% | -1.00% | -4.34% |
| Avg Bedrooms | 3.13 beds | 3.15 beds | 3.19 beds | 3.2 beds | 3.22 beds |
| Avg Bathrooms | 2.7 baths | 2.74 baths | 2.74 baths | 2.75 baths | 2.78 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 247 | $1,000,081 | 111 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,013 | $872,733 | 96 days |
| Distressed Homes | 24 | $558,503 | 110 days |
| Multi-Million Dollar Homes | 221 | $2,147,415 | 124 days |
| Newly Built Homes | 113 | $1,021,726 | 113 days |
| Homes with a Pool | 79 | $669,775 | 112 days |
| Reduced Price Homes | 45 | $947,850 | 85 days |
