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Reno Market Report

$771,711

AVERAGE PRICE OF 1,213 HOMES

$390,370

AVERAGE PRICE OF 10 DISTRESSED HOMES

$1,946,904

AVERAGE PRICE OF 213 MULTI-MILLION DOLLAR HOMES

$983,709

AVERAGE PRICE OF 171 NEWLY BUILT HOMES

$1,056,774

AVERAGE PRICE OF 58 HOMES WITH A POOL

$765,681

AVERAGE PRICE OF 69 REDUCED PRICE HOMES

Average Home

Average Price $771,711
Avg Bedrooms 3.25 beds
Avg Bathrooms 2.58 baths

Average Price by Bedrooms

1 bedroom $280,668
2 bedrooms $436,657
3 bedrooms $657,884
4 bedrooms $942,242
5 bedrooms $1,441,167
Reno Home Price Trends
  8/2021 7/2021 6/2021 5/2021 4/2021
Total Listings 1,113 1,051 1,027 961 827
Average Price $763,031 $736,883 $703,926 $694,484 $681,253
Avg Price Change +3.55% +4.68% +1.36% +1.94% +0.76%
Median Price $530,118 $509,122 $498,094 $492,489 $471,637
Med Price Change +4.12% +2.21% +1.14% +4.42% +4.23%
Avg Bedrooms 3.21 beds 3.19 beds 3.18 beds 3.2 beds 3.24 beds
Avg Bathrooms 2.44 baths 2.3 baths 2.27 baths 2.29 baths 2.32 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 179 $687,382 41 days
Galena 175 $1,446,273 59 days
Mc Queen 145 $679,893 38 days
North Valleys 244 $455,740 50 days
Reno 262 $910,937 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,213 $771,711 51 days
Distressed Homes 10 $390,370 50 days
Multi-Million Dollar Homes 213 $1,946,904 80 days
Newly Built Homes 171 $983,709 95 days
Homes with a Pool 58 $1,056,774 79 days
Reduced Price Homes 69 $765,681 36 days
MB - Meka Reade & Brittany Smith Real Estate Team
MB - Meka Reade & Brittany Smith Real Estate Team
7900 Ranchharrah Pkwy #210
Reno, NV 89511
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 Opportunity

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 2021 of Northern Nevada Regional MLS. All rights reserved.
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