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Reno

Why you'd want to live in Reno

Welcome to Reno, Nevada - a city that offers an exciting blend of natural beauty, vibrant entertainment, and a thriving economy! Nestled in the picturesque Sierra Nevada Mountains, Reno is a place where you can enjoy the best of both worlds - the great outdoors and urban living. Nestled at an altitude of approximately 4,500 feet, Reno boasts a mild high desert climate with four distinct seasons, offering a year-round outdoor playground for nature enthusiasts. From skiing and hiking in the nearby mountains to fishing and kayaking in the Truckee River, there are endless opportunities for outdoor adventures. But Reno is not just about nature - it's also a city that never sleeps! With its renowned gaming, entertainment, and nightlife scene, Reno is known as "The Biggest Little City in the World". From world-class resorts and casinos to live shows, restaurants, and shopping, there is always something happening in Reno. Reno's diverse economy provides ample job opportunities in industries such as gaming, tourism, technology, and manufacturing, making it a great place to live and work. The city also hosts various events and festivals throughout the year, such as the Reno Rodeo and the Reno Balloon Race, offering a vibrant and lively community atmosphere. Housing options in Reno are diverse, with a mix of older and newer neighborhoods, offering a range of architectural styles and price points to suit different preferences and budgets. The city's generally affordable cost of living makes it an attractive destination for those seeking affordable housing options without compromising on quality of life. With its stunning natural scenery, thriving economy, diverse entertainment and nightlife scene, and welcoming community, Reno is a city that offers an exciting and dynamic lifestyle for residents. Come discover the unique charm of Reno and make it your new home!

Reno Market Report

$940,990

AVERAGE PRICE OF 1,138 HOMES

$633,506

AVERAGE PRICE OF 21 DISTRESSED HOMES

$2,285,850

AVERAGE PRICE OF 260 MULTI-MILLION DOLLAR HOMES

$1,105,278

AVERAGE PRICE OF 154 NEWLY BUILT HOMES

$1,082,844

AVERAGE PRICE OF 73 HOMES WITH A POOL

$883,222

AVERAGE PRICE OF 56 REDUCED PRICE HOMES

Average Home

Average Price $940,990
Avg Bedrooms 3.17 beds
Avg Bathrooms 2.76 baths

Average Price by Bedrooms

1 bedroom $266,489
2 bedrooms $463,055
3 bedrooms $787,250
4 bedrooms $1,153,716
5 bedrooms $2,297,934
Reno Home Price Trends
  4/2024 3/2024 2/2024 1/2024 12/2023
Total Listings 995 884 880 872 934
Average Price $933,773 $937,188 $943,214 $947,819 $954,034
Avg Price Change -0.37% -0.64% -0.49% -0.66% -0.65%
Median Price $586,832 $579,305 $582,419 $573,239 $594,064
Med Price Change +1.30% -0.54% +1.60% -3.63% -2.80%
Avg Bedrooms 3.17 beds 3.19 beds 3.22 beds 3.2 beds 3.19 beds
Avg Bathrooms 2.77 baths 2.81 baths 2.85 baths 2.84 baths 2.84 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Reno 306 $1,045,171 76 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,138 $940,990 70 days
Distressed Homes 21 $633,506 67 days
Multi-Million Dollar Homes 260 $2,285,850 111 days
Newly Built Homes 154 $1,105,278 113 days
Homes with a Pool 73 $1,082,844 75 days
Reduced Price Homes 56 $883,222 45 days

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Mammoth Realty Team – The Pasley Group
Linda Pasley
P.O. Box 8566
Mammoth Lakes, CA 93546
760-914-2298
DRE# 01119577

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 2024 of Northern Nevada Regional MLS. All rights reserved.
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