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Reno Market Report

$594,310

AVERAGE PRICE OF 1,725 HOMES

$1,875,475

AVERAGE PRICE OF 177 MULTI-MILLION DOLLAR HOMES

$761,919

AVERAGE PRICE OF 99 HOMES WITH A POOL

$463,652

AVERAGE PRICE OF 20 DISTRESSED HOMES

$597,156

AVERAGE PRICE OF 198 NEWLY BUILT HOMES

$538,252

AVERAGE PRICE OF 92 REDUCED PRICE HOMES

Average Home

Average Price $594,310
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.79 baths

Average Price by Bedrooms

1 bedroom $201,800
2 bedrooms $234,020
3 bedrooms $574,214
4 bedrooms $1,551,262
5 bedrooms $806,341
Reno Home Price Trends
  5/2019 4/2019 3/2019 2/2019 1/2019
Total Listings 1,614 1,428 1,339 1,330 1,347
Average Price $594,596 $581,734 $600,938 $613,622 $593,054
Avg Price Change +2.21% -3.30% -2.11% +3.47% +0.48%
Median Price $425,047 $424,876 $416,496 $419,928 $416,992
Med Price Change +0.04% +2.01% -0.82% +0.70% +0.46%
Avg Bedrooms 3.46 beds 3.44 beds 3.31 beds 3.45 beds 3.45 beds
Avg Bathrooms 3.41 baths 3.66 baths 3.46 baths 3.62 baths 3.53 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 304 $527,855 66 days
Galena 230 $1,192,766 89 days
Mc Queen 287 $494,491 57 days
North Valleys 286 $344,993 54 days
Reno 394 $638,163 78 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,725 $594,310 106 days
Multi-Million Dollar Homes 177 $1,875,475 207 days
Homes with a Pool 99 $761,919 218 days
Distressed Homes 20 $463,652 124 days
Newly Built Homes 198 $597,156 117 days
Reduced Price Homes 92 $538,252 49 days
Keller Williams Group One, Inc.
Chris Nevada
10539 Professional Cir #100
Reno, NV 89521
775-750-1700

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Movement Mortgage
John Nichols
1311 N. McCarran Blvd, Suite 102
Sparks, NV 89431
775-240-8660

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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