If you need assistance, please call 775-813-7271

Reno Market Report

$937,764

AVERAGE PRICE OF 878 HOMES

$501,489

AVERAGE PRICE OF 21 DISTRESSED HOMES

$2,308,239

AVERAGE PRICE OF 202 MULTI-MILLION DOLLAR HOMES

$1,109,976

AVERAGE PRICE OF 143 NEWLY BUILT HOMES

$1,143,175

AVERAGE PRICE OF 59 HOMES WITH A POOL

$625,833

AVERAGE PRICE OF 29 REDUCED PRICE HOMES

Average Home

Average Price $937,764
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.85 baths

Average Price by Bedrooms

1 bedroom $282,405
2 bedrooms $476,267
3 bedrooms $762,588
4 bedrooms $1,104,305
5 bedrooms $2,219,311
Reno Home Price Trends
  1/2024 12/2023 11/2023 10/2023 9/2023
Total Listings 872 934 1,031 1,105 1,149
Average Price $947,819 $954,034 $960,272 $998,728 $994,819
Avg Price Change -0.66% -0.65% -4.00% +0.39% -0.38%
Median Price $573,239 $594,064 $610,722 $646,160 $641,113
Med Price Change -3.63% -2.80% -5.80% +0.79% -0.54%
Avg Bedrooms 3.2 beds 3.19 beds 3.23 beds 3.28 beds 3.26 beds
Avg Bathrooms 2.84 baths 2.84 baths 2.87 baths 2.91 baths 2.91 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Reno 247 $1,068,648 101 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 878 $937,764 95 days
Distressed Homes 21 $501,489 117 days
Multi-Million Dollar Homes 202 $2,308,239 146 days
Newly Built Homes 143 $1,109,976 133 days
Homes with a Pool 59 $1,143,175 85 days
Reduced Price Homes 29 $625,833 68 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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