North Valleys · Northeast
Data as of February 2026. Source: Realtor.com.
The RENO, NV real estate market (89506) currently shows 149 active listings, with 79 pending sales. Homes are averaging 49 days on the market before going under contract.
Inventory levels are unchanged compared to last year.
Homes are selling faster, averaging 49 days on market compared to 57 days last year.
The median listing price has risen 11.1% year-over-year, from $464,500 to $516,250.
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: 45,383 · Density: 192.3/mi² · Median household income: $82,606
Typical home value: $352,551 · Homeownership: 67.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89506 | Reno, NV 89506 | 0.0 mi | 137 | $68,942,921 | $489,950 | $503,233 |
| 89433 | Sun Valley, NV 89433 | 7.6 mi | 15 | $7,438,800 | $472,450 | $495,920 |
| 89436 | Sparks, NV 89436 | 9.2 mi | 202 | $137,281,422 | $615,000 | $679,611 |
| 89503 | Reno, NV 89503 | 11.1 mi | 74 | $32,430,574 | $451,950 | $438,251 |
| 89501 | Reno, NV 89501 | 12.1 mi | 36 | $19,702,224 | $462,500 | $547,284 |
| 89509 | Reno, NV 89509 | 14.1 mi | 128 | $141,202,944 | $695,000 | $1,103,148 |
| 89519 | Reno, NV 89519 | 15.0 mi | 36 | $49,125,888 | $999,898 | $1,364,608 |
| 89510 | Reno, NV 89510 | 16.9 mi | 5 | $6,123,900 | $1,400,000 | $1,224,780 |
| 89511 | Reno, NV 89511 | 20.5 mi | 129 | $303,858,468 | $1,995,000 | $2,355,492 |
| 96111 | Floriston, CA 96111 | 22.2 mi | 1 | $719,000 | $719,000 | $719,000 |
| 89521 | Reno, NV 89521 | 24.1 mi | 156 | $140,772,528 | $737,225 | $902,388 |
| 89442 | Wadsworth, NV 89442 | 25.3 mi | 2 | $2,349,900 | $1,174,950 | $1,174,950 |
| 89440 | Virginia City, NV 89440 | 29.3 mi | 5 | $2,952,275 | $624,775 | $590,455 |
As of February 2026, there are 149 active listings in RENO, NV (zip code 89506), compared to 149 the prior year.
The median listing price in RENO, NV 89506 is $516,250 as of February 2026, a 11.1% increase from $464,500 the prior year.
Homes in RENO, NV 89506 spend an average of 49 days on the market before going under contract, compared to 57 days the prior year.
Based on current inventory and days-on-market data as of February 2026, RENO, NV 89506 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 49 days on market compared to 57 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89506 save an estimated $10,325 compared to a typical 5% commission on the median listing price of $516,250. 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.