$729
3 bd3 ba1,096 sqft
661 University Way Private #2-806588
Downtown, NV Housing Market
$350,131
5.1% 1-yrThe average Downtown, NV home value is $350,131, down 5.1% over the past year.
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.
Downtown Key Takeaways
Typical Home Values: $350,131
1-year Value Change: -5.1%
(Data through August 31, 2025)
Downtown Housing Market Overview
--1-year Market Forecast
54For sale inventory(August 31, 2025)
--New listings(August 31, 2025)
--Median sale to list ratio
--Median sale price(July 31, 2025)
$384,650Median list price(August 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(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.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Nearby Neighborhoods
- NameMedian ZHVI
- Riverwalk$408,073
- Ryland--
- Old Northwest - West University$499,463
- Plumus$558,413
- Midtown$566,809
- Old Southwest$746,455
- East University$311,830
- East Reno$420,756
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Downtown Rental Market Trends
--Average rent in Downtown
$2,007National average rent(August 31, 2025)
--Month-over-month change
--Year-over-year change
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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
