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Reno Market Report

$983,407

AVERAGE PRICE OF 1,145 HOMES

$675,040

AVERAGE PRICE OF 17 DISTRESSED HOMES

$2,199,901

AVERAGE PRICE OF 300 MULTI-MILLION DOLLAR HOMES

$1,264,326

AVERAGE PRICE OF 183 NEWLY BUILT HOMES

$1,266,903

AVERAGE PRICE OF 71 HOMES WITH A POOL

$837,081

AVERAGE PRICE OF 86 REDUCED PRICE HOMES

Average Home

Average Price $983,407
Avg Bedrooms 3.26 beds
Avg Bathrooms 2.91 baths

Average Price by Bedrooms

1 bedroom $271,411
2 bedrooms $532,014
3 bedrooms $769,851
4 bedrooms $1,144,008
5 bedrooms $2,279,969
Reno Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 1,157 1,151 1,098 1,028 923
Average Price $998,619 $971,155 $933,311 $908,093 $882,182
Avg Price Change +2.83% +4.05% +2.78% +2.94% +2.38%
Median Price $644,595 $648,298 $638,971 $612,334 $596,333
Med Price Change -0.57% +1.46% +4.35% +2.68% +2.50%
Avg Bedrooms 3.24 beds 3.22 beds 3.23 beds 3.2 beds 3.17 beds
Avg Bathrooms 2.9 baths 2.88 baths 2.86 baths 2.84 baths 2.81 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Damonte 140 $750,929 58 days
Galena 179 $2,035,910 125 days
Mc Queen 138 $762,383 56 days
North Valleys 210 $516,772 74 days
Reno 311 $1,131,031 88 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 1,145 $983,407 80 days
Distressed Homes 17 $675,040 125 days
Multi-Million Dollar Homes 300 $2,199,901 123 days
Newly Built Homes 183 $1,264,326 150 days
Homes with a Pool 71 $1,266,903 65 days
Reduced Price Homes 86 $837,081 57 days

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

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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 2023 of Northern Nevada Regional MLS. All rights reserved.
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