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Reno Market Report

$630,654

AVERAGE PRICE OF 1,393 HOMES

$1,976,347

AVERAGE PRICE OF 155 MULTI-MILLION DOLLAR HOMES

$930,954

AVERAGE PRICE OF 88 HOMES WITH A POOL

$420,655

AVERAGE PRICE OF 18 DISTRESSED HOMES

$618,796

AVERAGE PRICE OF 219 NEWLY BUILT HOMES

$629,256

AVERAGE PRICE OF 110 REDUCED PRICE HOMES

Average Home

Average Price $630,654
Avg Bedrooms 2.43 beds
Avg Bathrooms 1.91 baths

Average Price by Bedrooms

1 bedroom $293,898
2 bedrooms $351,932
3 bedrooms $617,936
4 bedrooms $973,305
5 bedrooms $1,066,704
Reno Home Price Trends
  5/2020 4/2020 3/2020 2/2020 1/2020
Total Listings 1,233 1,154 1,156 1,097 1,043
Average Price $632,277 $626,560 $643,124 $632,079 $635,441
Avg Price Change +0.91% -2.64% +1.75% -0.53% +3.02%
Median Price $446,179 $439,242 $447,718 $436,597 $433,407
Med Price Change +1.58% -1.93% +2.55% +0.74% +1.25%
Avg Bedrooms 2.34 beds 2.33 beds 2.43 beds 2.38 beds 2.44 beds
Avg Bathrooms 1.82 baths 1.81 baths 2.09 baths 2.05 baths 2.07 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 238 $532,182 50 days
Galena 209 $1,193,472 94 days
Mc Queen 184 $546,408 55 days
North Valleys 272 $349,902 57 days
Reno 313 $722,948 85 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,393 $630,654 110 days
Multi-Million Dollar Homes 155 $1,976,347 163 days
Homes with a Pool 88 $930,954 91 days
Distressed Homes 18 $420,655 128 days
Newly Built Homes 219 $618,796 73 days
Reduced Price Homes 110 $629,256 58 days
Keller Williams Group One, Inc.
Chris Nevada S.0181401
10539 Professional Cir #100
Reno, NV 89521
775-750-1700

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David Colarchik
Branch Manager
264 Village Blvd, Suite 2B,
Incline Village, NV 89451
775.832.6522

Fair Housing/Equal Opportunity
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Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS.
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 2020 of Northern Nevada Regional MLS. All rights reserved.

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