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WASHOE VALLEY, NV 89704

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The WASHOE VALLEY, NV real estate market (89704) currently shows 13 active listings, with 5 pending sales. Homes are averaging 121 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 121 days on market compared to 84 days last year.

The median listing price has fallen 25.4% year-over-year, from $1,572,000 to $1,173,250.

Whether you are buying or selling in WASHOE VALLEY, 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.

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Market Context

Market Context

Population: 4,644  ·  Density: 23.5/mi²  ·  Median household income: $102,321

Typical home value: $524,610  ·  Homeownership: 95.6%

Market Overview

Active Listings
13
⇩ 27.8% vs 18 last year
Pending
5
38% pending ratio
Median Price
$1,173,250
⇩ 25.4% vs $1,572,000 last year
Average Price
$2,025,875
⇩ 16.2% vs $2,416,536 last year
Days on Market
121
⇧ 44% vs 84 days last year

Price Per Square Foot

Median $/sqft
$541
⇧ 8% vs $501/sqft last year
Median Home Size
2,897 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 18 last year
  • Days on market: 121 now vs 84 last year

Median & Average Pricing

Year over Year
  • Median: $1,173,250 (-25.4% YoY)
  • Average: $2,025,875 (-16.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.9 miles — 483 listings ($852,653,620 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89704Washoe Valley, NV 897040.0 mi15$30,538,815$1,498,888$2,035,921
89706Carson City, NV 897067.1 mi21$11,508,126$477,500$548,006
89440Virginia City, NV 894408.5 mi5$2,952,275$624,775$590,455
89402Crystal Bay, NV 8940210.3 mi9$177,800,004$15,900,000$19,755,556
89511Reno, NV 8951110.4 mi129$303,858,468$1,995,000$2,355,492
96143Kings Beach, CA 9614311.3 mi26$86,754,304$689,000$3,336,704
96148Tahoe Vista, CA 9614812.9 mi33$43,597,125$775,000$1,321,125
96111Floriston, CA 9611114.8 mi1$719,000$719,000$719,000
96140Carnelian Bay, CA 9614015.5 mi13$21,639,631$997,500$1,664,587
89502Reno, NV 8950216.1 mi56$27,128,528$399,750$484,438
89403Dayton, NV 8940317.7 mi95$52,025,515$489,450$547,637
89423Minden, NV 8942317.8 mi63$62,324,829$742,950$989,283
89448Zephyr Cove, NV 8944818.9 mi17$31,807,000$1,738,500$1,871,000

Frequently Asked Questions

How many homes are for sale in WASHOE VALLEY, NV 89704?

As of February 2026, there are 13 active listings in WASHOE VALLEY, NV (zip code 89704), compared to 18 the prior year.

What is the median home price in WASHOE VALLEY, NV 89704?

The median listing price in WASHOE VALLEY, NV 89704 is $1,173,250 as of February 2026, a 25.4% decrease from $1,572,000 the prior year.

How long do homes stay on the market in WASHOE VALLEY, NV?

Homes in WASHOE VALLEY, NV 89704 spend an average of 121 days on the market before going under contract, compared to 84 days the prior year.

Is it a seller's or buyer's market in WASHOE VALLEY, NV 89704?

Based on current inventory and days-on-market data as of February 2026, WASHOE VALLEY, NV 89704 is currently a Balanced Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 121 days on market compared to 84 days last year.

How much can I save on real estate commission in WASHOE VALLEY, NV?

With SELL123.com's maximum 3% commission, sellers in WASHOE VALLEY, NV 89704 save an estimated $23,465 compared to a typical 5% commission on the median listing price of $1,173,250. 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.