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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

$876,759

AVERAGE PRICE OF 1,027 HOMES

$537,573

AVERAGE PRICE OF 26 DISTRESSED HOMES

$2,166,801

AVERAGE PRICE OF 224 MULTI-MILLION DOLLAR HOMES

$998,843

AVERAGE PRICE OF 128 NEWLY BUILT HOMES

$604,942

AVERAGE PRICE OF 84 HOMES WITH A POOL

$797,351

AVERAGE PRICE OF 53 REDUCED PRICE HOMES

Average Home

Average Price $876,759
Avg Bedrooms 3.08 beds
Avg Bathrooms 2.7 baths

Average Price by Bedrooms

1 bedroom $256,446
2 bedrooms $448,762
3 bedrooms $729,920
4 bedrooms $1,198,331
5 bedrooms $1,985,493
Reno Home Price Trends
  1/2025 12/2024 11/2024 10/2024 9/2024
Total Listings 1,019 1,152 1,296 1,356 1,375
Average Price $868,709 $866,851 $898,488 $907,221 $926,325
Avg Price Change +0.21% -3.65% -0.97% -2.11% -1.87%
Median Price $573,078 $580,438 $593,710 $598,484 $590,335
Med Price Change -1.28% -2.29% -0.80% +1.38% -1.00%
Avg Bedrooms 3.12 beds 3.13 beds 3.15 beds 3.19 beds 3.2 beds
Avg Bathrooms 2.7 baths 2.7 baths 2.74 baths 2.74 baths 2.75 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Reno 245 $990,991 105 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,027 $876,759 91 days
Distressed Homes 26 $537,573 102 days
Multi-Million Dollar Homes 224 $2,166,801 121 days
Newly Built Homes 128 $998,843 100 days
Homes with a Pool 84 $604,942 102 days
Reduced Price Homes 53 $797,351 85 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 2025 of Northern Nevada Regional MLS. All rights reserved.
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