Reno Market Report

$690,296

AVERAGE PRICE OF 947 HOMES

$490,977

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,032,278

AVERAGE PRICE OF 122 MULTI-MILLION DOLLAR HOMES

$660,560

AVERAGE PRICE OF 134 NEWLY BUILT HOMES

$871,123

AVERAGE PRICE OF 38 HOMES WITH A POOL

$499,671

AVERAGE PRICE OF 21 REDUCED PRICE HOMES

Average Home

Average Price $690,296
Avg Bedrooms 3.2 beds
Avg Bathrooms 2.28 baths

Average Price by Bedrooms

1 bedroom $308,167
2 bedrooms $395,534
3 bedrooms $556,286
4 bedrooms $850,844
5 bedrooms $1,307,685
Reno Home Price Trends
  4/2021 3/2021 2/2021 1/2021 12/2020
Total Listings 827 741 n/a 716 845
Average Price $681,253 $676,087 n/a $669,260 $658,602
Avg Price Change +0.76% n/a n/a +1.62% +1.50%
Median Price $471,637 $452,475 n/a $445,741 $445,525
Med Price Change +4.23% n/a n/a +0.05% -3.79%
Avg Bedrooms 3.24 beds 3.22 beds n/a 3.15 beds 3.17 beds
Avg Bathrooms 2.32 baths 2.32 baths n/a 2.32 baths 2.31 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 146 $616,521 36 days
Galena 122 $1,327,734 90 days
Mc Queen 122 $595,596 32 days
North Valleys 184 $433,987 44 days
Reno 208 $857,087 58 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 947 $690,296 51 days
Distressed Homes 18 $490,977 149 days
Multi-Million Dollar Homes 122 $2,032,278 99 days
Newly Built Homes 134 $660,560 101 days
Homes with a Pool 38 $871,123 109 days
Reduced Price Homes 21 $499,671 18 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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