Data as of February 2026. Source: Realtor.com.
The RENO, NV real estate market (89511) currently shows 130 active listings, with 44 pending sales. Homes are averaging 112 days on the market before going under contract.
Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers.
Homes are taking longer to sell, averaging 112 days on market compared to 93 days last year.
The median listing price has risen 0.3% year-over-year, from $1,950,475 to $1,956,250.
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: 29,038 · Density: 85.2/mi² · Median household income: $114,653
Typical home value: $843,021 · Homeownership: 67.6%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 89511 | Reno, NV 89511 | 0.0 mi | 129 | $303,858,468 | $1,995,000 | $2,355,492 |
| 96111 | Floriston, CA 96111 | 6.9 mi | 1 | $719,000 | $719,000 | $719,000 |
| 89523 | Reno, NV 89523 | 8.2 mi | 104 | $111,483,736 | $744,500 | $1,071,959 |
| 89503 | Reno, NV 89503 | 9.6 mi | 74 | $32,430,574 | $451,950 | $438,251 |
| 89439 | Verdi, NV 89439 | 9.6 mi | 13 | $13,884,884 | $885,000 | $1,068,068 |
| 89704 | Washoe Valley, NV 89704 | 10.4 mi | 15 | $30,538,815 | $1,498,888 | $2,035,921 |
| 89521 | Reno, NV 89521 | 11.6 mi | 156 | $140,772,528 | $737,225 | $902,388 |
| 96143 | Kings Beach, CA 96143 | 12.5 mi | 26 | $86,754,304 | $689,000 | $3,336,704 |
| 96148 | Tahoe Vista, CA 96148 | 14.2 mi | 33 | $43,597,125 | $775,000 | $1,321,125 |
| 89433 | Sun Valley, NV 89433 | 14.4 mi | 15 | $7,438,800 | $472,450 | $495,920 |
| 96160 | Truckee, CA 96160 | 16.5 mi | 1 | $2,395,000 | $2,395,000 | $2,395,000 |
| 89428 | Silver City, NV 89428 | 17.3 mi | 3 | $712,500 | $237,500 | $237,500 |
| 89703 | Carson City, NV 89703 | 17.7 mi | 43 | $33,472,146 | $637,500 | $778,422 |
As of February 2026, there are 130 active listings in RENO, NV (zip code 89511), compared to 140 the prior year.
The median listing price in RENO, NV 89511 is $1,956,250 as of February 2026, a 0.3% increase from $1,950,475 the prior year.
Homes in RENO, NV 89511 spend an average of 112 days on the market before going under contract, compared to 93 days the prior year.
Based on current inventory and days-on-market data as of February 2026, RENO, NV 89511 is currently a Balanced Market. Inventory has tightened compared to last year, with 10 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 112 days on market compared to 93 days last year.
With SELL123.com's maximum 3% commission, sellers in RENO, NV 89511 save an estimated $39,125 compared to a typical 5% commission on the median listing price of $1,956,250. 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.