Northeast · West University
Data as of February 2026. Source: Realtor.com.
The RENO, NV real estate market (89503) currently shows 74 active listings, with 32 pending sales. Homes are averaging 54 days on the market before going under contract.
Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.
Homes are selling faster, averaging 54 days on market compared to 71 days last year.
The median listing price has risen 14.5% year-over-year, from $392,450 to $449,188.
Whether you are buying or selling in RENO, NV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 30,446 · Density: 1,903.7/mi² · Median household income: $61,099
Typical home value: $406,300 · Homeownership: 44.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89503 | Reno, NV 89503 | 0.0 mi | 74 | $32,430,574 | $451,950 | $438,251 |
| 89512 | Reno, NV 89512 | 2.2 mi | 47 | $14,666,726 | $219,900 | $312,058 |
| 89519 | Reno, NV 89519 | 4.0 mi | 36 | $49,125,888 | $999,898 | $1,364,608 |
| 89431 | Sparks, NV 89431 | 4.8 mi | 62 | $21,969,266 | $331,000 | $354,343 |
| 89502 | Reno, NV 89502 | 5.9 mi | 56 | $27,128,528 | $399,750 | $484,438 |
| 89436 | Sparks, NV 89436 | 8.9 mi | 202 | $137,281,422 | $615,000 | $679,611 |
| 89506 | Reno, NV 89506 | 11.1 mi | 137 | $68,942,921 | $489,950 | $503,233 |
| 96111 | Floriston, CA 96111 | 12.8 mi | 1 | $719,000 | $719,000 | $719,000 |
| 89434 | Sparks, NV 89434 | 16.3 mi | 48 | $24,662,688 | $440,000 | $513,806 |
| 89704 | Washoe Valley, NV 89704 | 18.9 mi | 15 | $30,538,815 | $1,498,888 | $2,035,921 |
| 89451 | Incline Village, NV 89451 | 19.7 mi | 119 | $368,253,830 | $1,500,000 | $3,094,570 |
| 89428 | Silver City, NV 89428 | 22.6 mi | 3 | $712,500 | $237,500 | $237,500 |
| 96118 | Loyalton, CA 96118 | 23.2 mi | 9 | $3,021,039 | $340,000 | $335,671 |
As of February 2026, there are 74 active listings in RENO, NV (zip code 89503), compared to 72 the prior year.
The median listing price in RENO, NV 89503 is $449,188 as of February 2026, a 14.5% increase from $392,450 the prior year.
Homes in RENO, NV 89503 spend an average of 54 days on the market before going under contract, compared to 71 days the prior year.
Based on current inventory and days-on-market data as of February 2026, RENO, NV 89503 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 54 days on market compared to 71 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89503 save an estimated $8,984 compared to a typical 5% commission on the median listing price of $449,188. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.