Reno, NV
Monthly housing intelligence, market trends, and trusted local expertise.
As of the latest 2026 data
Median Listing
Pending Ratio
Active Inventory
Median DOM
Primary Intelligence Tool — Sold Score™
Will your home sell in today's stabilizing Reno market?
Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Reno, NV.
The Reno market is currently stabilizing, characterized by a pending ratio of 0.50, indicating demand absorption is roughly half of available inventory. While median listing prices have seen a slight month-over-month decline of 2.2%, they remain marginally positive year-over-year at 0.5%.
Local Market Signals
Source: FRED (St. Louis Fed)Local economic trends can influence how quickly homes sell and how much competition sellers may face.
Job Market
Unemployment rate · Sep 2026
Shows whether local employment conditions are supporting buyer demand.
U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).
Population & Migration
Resident population · Jan 2025
Shows whether the area is gaining or losing potential housing demand.
U.S. Census Bureau via FRED (St. Louis Fed).
Future Housing Supply
Building permits (private housing units) · Sep 2026
Shows whether future inventory pressure may increase.
U.S. Census Bureau building permits via FRED (St. Louis Fed).
What's moving the Reno market right now.
Inventory levels continue to contract, with active listings down 16.4% year-over-year and new listings declining by 4.1% over the same period. Despite this, the pending ratio registered at 0.50, reflecting a steady absorption rate. Median days on market have decreased significantly by 18.2% year-over-year, suggesting properties are moving more quickly, while the share of price reductions has incrementally increased by 1.0% year-over-year.
“Local pricing and inventory dynamics across Reno shift block by block — happy to walk through what's actually closing.”
Market Trends
Median Price
Active Inventory
Days on Market
Sold Score™
Sold Score™ Over Time
Market liquidity index • 36 months
Price & Days on Market
Median listing vs market velocity
Inventory Dynamics
Total active listings vs new monthly supply
Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.
Market Signals & Indicators
With a pending ratio at 0.50 and decreasing days on market, the current environment points to a balanced pace of transactions. The year-over-year contraction in active listings suggests some inventory pressure, but the consistent pending ratio indicates that buyers are exercising price discipline rather than aggressively bidding up prices, leading to a more normalized transaction pace.
The luxury segment in Reno shows signs of softness, with the average listing price decreasing by 3.2% year-over-year. This contrasts with the modest positive year-over-year change in median listing price and median $/sqft, indicating a divergence in performance between the broader market and higher-priced properties.
1,499 active listings represent the current floor, with new supply arriving at roughly 612 per month.
of active listings carry a price reduction, +1.0% from prior period.
Median price per square foot has moved +1.6% year-over-year.
Pending-to-active ratio — Stabilizing.
Recommended For This Market
StabilizingSelling in Reno, NV? Homes here are taking 12 days less to sell than last year.
Reno, NV is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.
- Buyer Demand Index
- 50%
- Median Days on Market
- 54 days
- Inventory YoY
- −16%
Reno, NV is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.
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Metro Demographics
ZIPs in Reno, NV
89436
sparks
$640K
185 active · 49 DOM
89521
reno
$757K
149 active · 56 DOM
89451
incline village
$1.24M
147 active · 93 DOM
89511
reno
$1.59M
112 active · 62 DOM
89509
reno
$725K
106 active · 51 DOM
89523
reno
$713K
91 active · 54 DOM
89506
reno
$499K
82 active · 52 DOM
89403
dayton
$527K
67 active · 48 DOM
89441
sparks
$746K
67 active · 50 DOM
89449
stateline
$937K
62 active · 80 DOM
89406
fallon
$423K
55 active · 52 DOM
89408
fernley
$435K
54 active · 47 DOM
89502
reno
$406K
53 active · 50 DOM
89445
winnemucca
$381K
46 active · 43 DOM
89423
minden
$743K
46 active · 46 DOM
89460
gardnerville
$969K
45 active · 62 DOM
89508
reno
$505K
43 active · 38 DOM
89503
reno
$507K
40 active · 39 DOM
Sorted by active inventory · click a ZIP for its full report
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