If you need assistance, please call 775-453-0207

Reno Market Report

$865,613

AVERAGE PRICE OF 892 HOMES

$426,957

AVERAGE PRICE OF 14 DISTRESSED HOMES

$2,044,431

AVERAGE PRICE OF 191 MULTI-MILLION DOLLAR HOMES

$1,125,533

AVERAGE PRICE OF 178 NEWLY BUILT HOMES

$1,061,234

AVERAGE PRICE OF 51 HOMES WITH A POOL

$692,569

AVERAGE PRICE OF 44 REDUCED PRICE HOMES

Average Home

Average Price $865,613
Avg Bedrooms 3.16 beds
Avg Bathrooms 2.8 baths

Average Price by Bedrooms

1 bedroom $267,265
2 bedrooms $551,178
3 bedrooms $751,589
4 bedrooms $1,081,049
5 bedrooms $1,800,362
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 123 $670,521 67 days
Galena 118 $1,781,171 155 days
Mc Queen 112 $816,196 78 days
North Valleys 173 $492,601 84 days
Reno 240 $1,000,738 116 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 892 $865,613 100 days
Distressed Homes 14 $426,957 140 days
Multi-Million Dollar Homes 191 $2,044,431 158 days
Newly Built Homes 178 $1,125,533 166 days
Homes with a Pool 51 $1,061,234 113 days
Reduced Price Homes 44 $692,569 66 days
RE/MAX Professionals | Mike Wood Team
Mike Wood
7900 Rancharrah Ste 210
Reno, NV 89511
775-453-0207

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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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