Reno Market Report

$766,922

AVERAGE PRICE OF 1,189 HOMES

$416,133

AVERAGE PRICE OF 12 DISTRESSED HOMES

$1,937,017

AVERAGE PRICE OF 210 MULTI-MILLION DOLLAR HOMES

$964,852

AVERAGE PRICE OF 166 NEWLY BUILT HOMES

$1,077,107

AVERAGE PRICE OF 55 HOMES WITH A POOL

$712,992

AVERAGE PRICE OF 63 REDUCED PRICE HOMES

Average Home

Average Price $766,922
Avg Bedrooms 3.24 beds
Avg Bathrooms 2.56 baths

Average Price by Bedrooms

1 bedroom $289,784
2 bedrooms $424,391
3 bedrooms $652,268
4 bedrooms $931,218
5 bedrooms $1,469,781
Reno Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,113 1,051 1,027 961 827
Average Price $763,031 $736,883 $703,926 $694,484 $681,253
Avg Price Change +3.55% +4.68% +1.36% +1.94% +0.76%
Median Price $530,118 $509,122 $498,094 $492,489 $471,637
Med Price Change +4.12% +2.21% +1.14% +4.42% +4.23%
Avg Bedrooms 3.21 beds 3.19 beds 3.18 beds 3.2 beds 3.24 beds
Avg Bathrooms 2.44 baths 2.3 baths 2.27 baths 2.29 baths 2.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 179 $657,621 39 days
Galena 169 $1,428,952 58 days
Mc Queen 147 $699,379 36 days
North Valleys 232 $455,429 51 days
Reno 261 $903,873 56 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,189 $766,922 50 days
Distressed Homes 12 $416,133 48 days
Multi-Million Dollar Homes 210 $1,937,017 77 days
Newly Built Homes 166 $964,852 101 days
Homes with a Pool 55 $1,077,107 80 days
Reduced Price Homes 63 $712,992 32 days
Broker Headquarters in Reno Nevada
Licensed in the State of Nevada
775-225-5009
License #B.1001053
NMLS #373601

Information is deemed reliable but not guaranteed. Loan inquiries and applications in states where I am not licensed will be referred to a Loan Officer who is licensed in the property state. Equal Housing Lender. Prospect Mortgage is located at 15301 Ventura Blvd., Suite D300, Sherman Oaks, CA 91403, 800-464-2484. Prospect Mortgage, LLC, NMLS ID #3296, (www.nmlsconsumeraccess.org) is a Delaware limited liability company licensed by the Department of Business Oversight under the California Residential Mortgage Lending Act and operates with the following licenses: AZ Mortgage Banker License #BK0903027; Georgia Residential Mortgage Licensee #16984; Illinois Residential Mortgage Licensee; MA Mortgage Lender/Broker License #MC3296; MS Licensed Mortgage Co.; Licensed by the NH Banking Dept.; Licensed by the NJ Dept. of Banking and Insurance; Licensed Mortgage Banker – NYS Department of Financial Services, 711 Westchester Avenue, Suite 304, White Plains, NY 10604; RI Licensed Lender, RI Licensed Loan Broker; In Texas, located at 8650 Freeport Parkway, Suite 130, Irving, TX 75063. This is not an offer for extension of credit or a commitment to lend. Loans are currently being closed and committed at the expressed rates, however these rates may change or may not be available at the time of your loan lock-in, commitment or closing. All loans must satisfy company underwriting guidelines, interest rates and APRs are based on recent market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value ratio, credit score and other variables. Terms and conditions apply. Additional loan programs may be available. This is not an offer to enter into a rate lock agreement under MN law, or any other applicable law. Call for details. 11/2015
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by Brokerage firms other than are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokerage. Data is deemed reliable but not guaranteed. Copyright 2021 of Northern Nevada Regional MLS. All rights reserved.
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