Market Intelligence Report — NV-900
Reno, NV
Monthly housing intelligence, market trends, and trusted local expertise.
Ref. No: 2026-NV-05
Updated: May 2026
Updated: May 2026
Median Listing
$684K
+12.1% YOY
Pending Ratio
0.70
+19.4% YOY
Active Inventory
1,288
-20.5% YOY
Median DOM
44 Days
-2.2% YOY
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Market Signals & Indicators
Supply Dynamics
1,288 active listings represent the current floor, with new supply arriving at roughly 848 per month.
Pricing Pressure
15.7%
of active listings carry a price reduction, -7.2% from prior period.
$/Sq Ft
$0K
Median price per square foot has moved +3.6% year-over-year.
Absorption
0.70
Pending-to-active ratio — supply and demand dynamics are mixed.
Metro Demographics
Metro Area
Reno, NV
CBSA Code
39900
State
NV