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Reno Housing Market

$554,435

0.1% 1-yr

The average Reno home value is $554,435, up 0.1% over the past year and goes to pending in around 34 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Reno Key Takeaways

Typical Home Values: $554,435

1-year Value Change: +0.1%

(Data through October 31, 2025)

Reno Housing Market Overview

0.5%1-year Market Forecast(October 31, 2025)
2,107For sale inventory(October 31, 2025)
514New listings(October 31, 2025)
0.989Median sale to list ratio(September 30, 2025)
$548,333Median sale price(September 30, 2025)
$641,583Median list price(October 31, 2025)
16.1%Percent of sales over list price(September 30, 2025)
58.7%Percent of sales under list price(September 30, 2025)
34Median days to pending(October 31, 2025)
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Reynard

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Reno Rental Market Trends

$1,948Average rent in Reno(October 31, 2025)
$1,949National average rent(October 31, 2025)
-0.1%Month-over-month change(October 31, 2025)
4.2%Year-over-year change(October 31, 2025)
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.

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