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Reno

Why you'd want to live in Reno

With a population of over 235,000, Reno is the largest city in Northern Nevada. It is located in the southern part of Washoe County, nestled on the eastern slope of the Sierra Nevada Mountains in an area called the Truckee Meadows. Reno and the surrounding area provide unlimited indoor and outdoor recreational activities. We have excellent weather! Spectacular Lake Tahoe and the largest concentration of ski facilities in the world are all within a fifty-mile radius. Biking, camping, hunting, fishing and mountain climbing are all activities Reno residents and visitors enjoy. via reno.gov

Reno Market Report

$957,450

AVERAGE PRICE OF 1,278 HOMES

$655,564

AVERAGE PRICE OF 21 DISTRESSED HOMES

$2,238,791

AVERAGE PRICE OF 312 MULTI-MILLION DOLLAR HOMES

$1,049,154

AVERAGE PRICE OF 150 NEWLY BUILT HOMES

$979,259

AVERAGE PRICE OF 83 HOMES WITH A POOL

$996,623

AVERAGE PRICE OF 94 REDUCED PRICE HOMES

Average Home

Average Price $957,450
Avg Bedrooms 3.22 beds
Avg Bathrooms 2.81 baths

Average Price by Bedrooms

1 bedroom $273,138
2 bedrooms $469,057
3 bedrooms $744,149
4 bedrooms $1,172,641
5 bedrooms $2,298,126
Reno Home Price Trends
  6/2024 5/2024 4/2024 3/2024 2/2024
Total Listings 1,199 1,114 995 884 880
Average Price $954,607 $936,280 $933,773 $937,188 $943,214
Avg Price Change +1.96% +0.27% -0.37% -0.64% -0.49%
Median Price $628,360 $611,938 $586,832 $579,305 $582,419
Med Price Change +2.68% +4.28% +1.30% -0.54% +1.60%
Avg Bedrooms 3.18 beds 3.17 beds 3.17 beds 3.19 beds 3.22 beds
Avg Bathrooms 2.78 baths 2.76 baths 2.77 baths 2.81 baths 2.85 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Reno 334 $1,097,134 75 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,278 $957,450 67 days
Distressed Homes 21 $655,564 75 days
Multi-Million Dollar Homes 312 $2,238,791 100 days
Newly Built Homes 150 $1,049,154 95 days
Homes with a Pool 83 $979,259 77 days
Reduced Price Homes 94 $996,623 76 days
The Reade Group | RE/MAX Gold - Midtown
Meka Reade
1401 South Virginia St, Suite 100
Reno, NV 89502
775-813-7271

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 Meka Reade - Re/Max Gold 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 2024 of Northern Nevada Regional MLS. All rights reserved.
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