The Reno housing market is somewhat competitive. Over the three months, homes in Reno receive 2 offers on average and sell in around 46 days. The median sale price of a home in Reno was $577K over the last 3 months, up 4.9% since the same period last year. The median sale price per square foot in Reno is $336, up 4.5% since last year.
Over the three months ending August 2026, Reno home prices were up 4.9% compared to the same period last year, selling for a median price of $577K. On average, homes in Reno sell after 46 days on the market compared to 49 days last year. There were 1,007 homes sold in August this year, up from 824 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$577,118
+4.9% YoY | Aug 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2026
Growth
% YoY
Reno, NV
$577,118
+4.9%
United States
To compare other locations to the Reno and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Reno's median sale price is 46% higher than the national average. Overall cost of living in Reno is 4% higher than the national average. Learn which home features in Reno add value to a home.
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How hot is the Reno housing market?
Reno is somewhat competitive. Homes sell in 46 days.
0
100
62
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 46 days.
Hot homes
can sell for around list price and go pending in around 24 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Reno
Explore recent offers and recently sold homes in Reno
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Reno housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Reno.
Flood Factor - Major
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Reno has a major risk of flooding. 4,200 properties in Reno are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Reno. Flood risk is increasing slower than the national average.
88% of properties are at risk of wildfire over the next 30 years
Fire Factor
Reno has a severe risk of wildfire. There are 75,931 properties in Reno that have some risk of being affected by wildfire over the next 30 years. This represents 88% of all properties in Reno.