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Reno Market Report

$649,614

AVERAGE PRICE OF 948 HOMES

$438,444

AVERAGE PRICE OF 20 DISTRESSED HOMES

$2,145,963

AVERAGE PRICE OF 102 MULTI-MILLION DOLLAR HOMES

$648,480

AVERAGE PRICE OF 199 NEWLY BUILT HOMES

$899,017

AVERAGE PRICE OF 67 HOMES WITH A POOL

$553,075

AVERAGE PRICE OF 20 REDUCED PRICE HOMES

Average Home

Average Price $649,614
Avg Bedrooms 3.18 beds
Avg Bathrooms 2.31 baths

Average Price by Bedrooms

1 bedroom $255,219
2 bedrooms $386,069
3 bedrooms $494,500
4 bedrooms $894,198
5 bedrooms $1,225,766
Reno Home Price Trends
  10/2020 9/2020 8/2020 7/2020 6/2020
Total Listings 1,163 1,283 1,366 1,464 1,442
Average Price $638,606 $637,583 $626,250 $613,040 $620,099
Avg Price Change +0.16% +1.81% +2.15% -1.15% -0.68%
Median Price $456,561 $463,982 $456,818 $451,630 $451,569
Med Price Change -1.63% +1.57% +1.15% +0.01% +2.18%
Avg Bedrooms 3.21 beds 3.23 beds 3.25 beds 3.24 beds 3.27 beds
Avg Bathrooms 2.34 baths 2.35 baths 2.36 baths 2.34 baths 2.37 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 147 $615,423 54 days
Galena 149 $1,105,432 117 days
Mc Queen 125 $587,940 67 days
North Valleys 165 $391,852 66 days
Reno 226 $743,102 97 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 948 $649,614 79 days
Distressed Homes 20 $438,444 160 days
Multi-Million Dollar Homes 102 $2,145,963 150 days
Newly Built Homes 199 $648,480 89 days
Homes with a Pool 67 $899,017 110 days
Reduced Price Homes 20 $553,075 75 days
MB - Meka Reade & Brittany Smith Real Estate Team
5905 South Virginia Street, Suite 300
Reno, NV 89502
775-813-7271
209-304-5610
Shayla Gifford
Senior Loan Officer/Branch Manager
5370 Kietzke Lane, Suite 201
Reno, NV 89511
O: 775-360-2737 F: 775-996-3553
NMLS # 315764 | Company NMLS # 3274
Equal Housing Lender

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 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 2020 of Northern Nevada Regional MLS. All rights reserved.
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