Reno Market Report
$914,012
AVERAGE PRICE OF 1,363 HOMES$564,793
AVERAGE PRICE OF 20 DISTRESSED HOMES$2,097,043
AVERAGE PRICE OF 330 MULTI-MILLION DOLLAR HOMES$1,032,123
AVERAGE PRICE OF 149 NEWLY BUILT HOMES$891,431
AVERAGE PRICE OF 110 HOMES WITH A POOL$762,864
AVERAGE PRICE OF 104 REDUCED PRICE HOMESAverage Home
| Average Price | $914,012 |
| Avg Bedrooms | 2.26 beds |
| Avg Bathrooms | 2.2 baths |
Average Price by Bedrooms
| 1 bedroom | $269,830 |
| 2 bedrooms | $505,411 |
| 3 bedrooms | $728,209 |
| 4 bedrooms | $1,899,738 |
| 5 bedrooms | $1,918,235 |
Reno Home Price Trends
| 9/2024 | 8/2024 | 7/2024 | 6/2024 | 5/2024 | |
|---|---|---|---|---|---|
| Total Listings | 1,378 | 1,313 | 1,268 | 1,203 | 1,121 |
| Average Price | $930,753 | $948,124 | $965,503 | $962,531 | $949,027 |
| Avg Price Change | -1.87% | -1.83% | +0.31% | +1.42% | +0.38% |
| Median Price | $596,293 | $600,902 | $626,749 | $640,656 | $629,985 |
| Med Price Change | -0.77% | -4.30% | -2.22% | +1.69% | +5.10% |
| Avg Bedrooms | 2.31 beds | 2.46 beds | 2.52 beds | 2.62 beds | 2.83 beds |
| Avg Bathrooms | 2.23 baths | 2.27 baths | 2.28 baths | 2.55 baths | 2.83 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Reno | 338 | $1,029,123 | 86 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 1,363 | $914,012 | 194 days |
| Distressed Homes | 20 | $564,793 | 116 days |
| Multi-Million Dollar Homes | 330 | $2,097,043 | 208 days |
| Newly Built Homes | 149 | $1,032,123 | 109 days |
| Homes with a Pool | 110 | $891,431 | 82 days |
| Reduced Price Homes | 104 | $762,864 | 71 days |
