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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

$814,494

AVERAGE PRICE OF 1,599 HOMES

$599,179

AVERAGE PRICE OF 21 DISTRESSED HOMES

$1,900,255

AVERAGE PRICE OF 303 MULTI-MILLION DOLLAR HOMES

$988,787

AVERAGE PRICE OF 228 NEWLY BUILT HOMES

$1,024,758

AVERAGE PRICE OF 88 HOMES WITH A POOL

$708,235

AVERAGE PRICE OF 149 REDUCED PRICE HOMES

Average Home

Average Price $814,494
Avg Bedrooms 3.23 beds
Avg Bathrooms 2.72 baths

Average Price by Bedrooms

1 bedroom $279,534
2 bedrooms $513,552
3 bedrooms $696,207
4 bedrooms $972,460
5 bedrooms $1,558,908
Reno Home Price Trends
  7/2022 6/2022 5/2022 4/2022 3/2022
Total Listings 1,540 n/a n/a n/a 844
Average Price $823,415 n/a n/a n/a $821,304
Avg Price Change n/a n/a n/a n/a +3.74%
Median Price $599,000 n/a n/a n/a $585,031
Med Price Change n/a n/a n/a n/a +5.78%
Avg Bedrooms 3.22 beds n/a n/a n/a 3.23 beds
Avg Bathrooms 2.71 baths n/a n/a n/a 2.68 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 231 $678,935 54 days
Galena 230 $1,448,275 87 days
Mc Queen 206 $777,074 56 days
North Valleys 352 $493,159 55 days
Reno 354 $998,991 69 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,599 $814,494 63 days
Distressed Homes 21 $599,179 87 days
Multi-Million Dollar Homes 303 $1,900,255 99 days
Newly Built Homes 228 $988,787 115 days
Homes with a Pool 88 $1,024,758 59 days
Reduced Price Homes 149 $708,235 47 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 2022 of Northern Nevada Regional MLS. All rights reserved.
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