The Unshakable Investor

Unshakable ZIP Data 89508 | Reno, NV Housing Market

Reno · Washoe County · Reno, NV metro · Nevada · Data updated June 19, 2026

The median sale price in ZIP 89508, Reno, Nevada is $502,351 at $292 per square foot. 62 single-family homes sold in the latest period, up 23.6 percent from a year earlier. Homes sit a median of 44 days on market with 1.8 months of supply. Sellers are getting 99.6 percent of list price and 40.0 percent of homes sold above asking.

Balanced market.

Value anchors

MetricValueYear over year
Average single-family value$485,602
Average price per sq ft$282
Median sale price$502,351
Median sale price per sq ft$292
Median home size1,720 sq ft
Median new listing price$513,114+2.8%
National size rank7,832

Sales activity

MetricValueYear over year
Homes sold62+23.6%
Median days on market44 days
Months of supply1.8 months
New listings61-17.7%
Active listings100-17.8%
Pending sales59-14.8%

Pricing power

MetricValueYear over year
Average sale-to-list ratio99.6%+1.5 pts
Share sold above list40.0%+26.0 pts

Bedroom value anchors

Average values by bedroom count. Value anchors for orientation, not appraisals.

2-bedroom
$447,547
3-bedroom
$457,227
4-bedroom
$521,879
5-bedroom
$565,571

These figures describe the single-family market for Reno, Nevada ZIP 89508. They are market context, not a substitute for sold comps or a formal appraisal.