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Reno Market Report

$828,455

AVERAGE PRICE OF 1,256 HOMES

$521,763

AVERAGE PRICE OF 18 DISTRESSED HOMES

$2,077,490

AVERAGE PRICE OF 243 MULTI-MILLION DOLLAR HOMES

$998,562

AVERAGE PRICE OF 190 NEWLY BUILT HOMES

$1,031,196

AVERAGE PRICE OF 59 HOMES WITH A POOL

$574,173

AVERAGE PRICE OF 57 REDUCED PRICE HOMES

Average Home

Average Price $828,455
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.71 baths

Average Price by Bedrooms

1 bedroom $267,303
2 bedrooms $494,131
3 bedrooms $670,950
4 bedrooms $1,038,052
5 bedrooms $1,829,919
Reno Home Price Trends
  11/2022 10/2022 9/2022 8/2022 7/2022
Total Listings 1,329 1,459 1,547 1,582 1,540
Average Price $820,333 $814,052 $815,409 $815,247 $823,415
Avg Price Change +0.77% -0.17% +0.02% -1.00% n/a
Median Price $566,408 $576,387 $587,564 $588,979 $599,000
Med Price Change -1.76% -1.94% -0.24% -1.70% n/a
Avg Bedrooms 3.18 beds 3.22 beds 3.24 beds 3.23 beds 3.22 beds
Avg Bathrooms 2.71 baths 2.71 baths 2.7 baths 2.71 baths 2.71 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 177 $699,084 81 days
Galena 186 $1,595,871 121 days
Mc Queen 171 $690,888 69 days
North Valleys 261 $464,945 80 days
Reno 288 $1,010,476 110 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,256 $828,455 94 days
Distressed Homes 18 $521,763 130 days
Multi-Million Dollar Homes 243 $2,077,490 140 days
Newly Built Homes 190 $998,562 142 days
Homes with a Pool 59 $1,031,196 91 days
Reduced Price Homes 57 $574,173 73 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 2022 of Northern Nevada Regional MLS. All rights reserved.
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