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Reno

Why you'd want to live in Reno

With a population of over 235,000, Reno is the largest city in Northern Nevada. It is located in the southern part of Washoe County, nestled on the eastern slope of the Sierra Nevada Mountains in an area called the Truckee Meadows. Reno and the surrounding area provide unlimited indoor and outdoor recreational activities. We have excellent weather! Spectacular Lake Tahoe and the largest concentration of ski facilities in the world are all within a fifty-mile radius. Biking, camping, hunting, fishing and mountain climbing are all activities Reno residents and visitors enjoy. via reno.gov

Reno Market Report

$862,345

AVERAGE PRICE OF 893 HOMES

$443,943

AVERAGE PRICE OF 15 DISTRESSED HOMES

$2,039,011

AVERAGE PRICE OF 192 MULTI-MILLION DOLLAR HOMES

$1,118,435

AVERAGE PRICE OF 180 NEWLY BUILT HOMES

$1,056,376

AVERAGE PRICE OF 53 HOMES WITH A POOL

$653,655

AVERAGE PRICE OF 36 REDUCED PRICE HOMES

Average Home

Average Price $862,345
Avg Bedrooms 3.15 beds
Avg Bathrooms 2.79 baths

Average Price by Bedrooms

1 bedroom $263,318
2 bedrooms $546,548
3 bedrooms $756,402
4 bedrooms $1,077,762
5 bedrooms $1,811,660
Reno Home Price Trends
  2/2023 1/2023 12/2022 11/2022 10/2022
Total Listings 934 955 1,123 1,329 1,459
Average Price $845,176 $845,590 $847,447 $820,333 $814,052
Avg Price Change -0.05% -0.22% +3.31% +0.77% -0.17%
Median Price $566,774 $555,983 $559,600 $566,408 $576,387
Med Price Change +1.94% -0.65% -1.22% -1.76% -1.94%
Avg Bedrooms 3.16 beds 3.17 beds 3.17 beds 3.18 beds 3.22 beds
Avg Bathrooms 2.75 baths 2.73 baths 2.72 baths 2.71 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 119 $665,459 69 days
Galena 124 $1,732,134 151 days
Mc Queen 114 $812,647 80 days
North Valleys 176 $491,435 88 days
Reno 232 $1,005,927 118 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 893 $862,345 102 days
Distressed Homes 15 $443,943 131 days
Multi-Million Dollar Homes 192 $2,039,011 160 days
Newly Built Homes 180 $1,118,435 164 days
Homes with a Pool 53 $1,056,376 112 days
Reduced Price Homes 36 $653,655 80 days
RE/MAX Professionals | Mike Wood Team
Mike Wood
7900 Rancharrah Ste 210
Reno, NV 89511
775-453-0207

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 Michael C. Wood - RE/MAX Professionals 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 2023 of Northern Nevada Regional MLS. All rights reserved.
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