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Reno Market Report

$583,553

AVERAGE PRICE OF 1,465 HOMES

$1,972,329

AVERAGE PRICE OF 144 MULTI-MILLION DOLLAR HOMES

$849,178

AVERAGE PRICE OF 88 HOMES WITH A POOL

$371,869

AVERAGE PRICE OF 20 DISTRESSED HOMES

$598,858

AVERAGE PRICE OF 193 NEWLY BUILT HOMES

$546,555

AVERAGE PRICE OF 72 REDUCED PRICE HOMES

Average Home

Average Price $583,553
Avg Bedrooms 3.54 beds
Avg Bathrooms 3.77 baths

Average Price by Bedrooms

1 bedroom $219,039
2 bedrooms $334,806
3 bedrooms $572,316
4 bedrooms $2,226,934
5 bedrooms $933,130
Reno Home Price Trends
  3/2019 2/2019 1/2019 12/2018 11/2018
Total Listings 1,339 1,330 1,347 1,486 1,651
Average Price $600,938 $613,622 $593,054 $590,193 $576,928
Avg Price Change -2.11% +3.47% +0.48% +2.30% -0.76%
Median Price $416,496 $419,928 $416,992 $415,071 $409,695
Med Price Change -0.82% +0.70% +0.46% +1.31% -2.08%
Avg Bedrooms 3.31 beds 3.45 beds 3.45 beds 3.43 beds 3.36 beds
Avg Bathrooms 3.46 baths 3.62 baths 3.53 baths 3.35 baths 3.27 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 288 $491,681 90 days
Galena 178 $1,140,989 105 days
Mc Queen 219 $481,662 62 days
North Valleys 237 $331,373 68 days
Reno 344 $637,593 88 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,465 $583,553 137 days
Multi-Million Dollar Homes 144 $1,972,329 224 days
Homes with a Pool 88 $849,178 193 days
Distressed Homes 20 $371,869 155 days
Newly Built Homes 193 $598,858 149 days
Reduced Price Homes 72 $546,555 60 days
Keller Williams Group One, Inc.
Chris Nevada
10539 Professional Cir #100
Reno, NV 89521
775-750-1700
Big Valley Mortgage
Loan Consultant
Tara McCafferty
1495 Ridgeview Dr, Suite 200A
Reno, NV 89519
916-223-0547

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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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 Keller Williams Realty, Group One Inc. 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 2019 of Northern Nevada Regional MLS. All rights reserved.
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