Chris Raynor's Market Report
Reno, NV 89509
Single-Family Homes
Nevada-California Broker Associate | chris@raynorrealestate.com | 209-324-0170
Reno, NV 89509
Thu Jun 18 2026
This week the median list price for Reno, NV 89509 is $1,099,000 with the market action index hovering around 46. This is an increase over last month's market action index of 44. Inventory has increased to 67.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.
Real-Time Market Profile
| Median List Price | $1,099,000 | |
| Median Price of New Listings | $887,000 | |
| Per Square Foot | $413 | |
| Average Days on Market | 90 | |
| Median Days on Market | 35 | |
| Price Decreased | 40% | |
| Price Increased | 0% | |
| Relisted | 1% | |
| Inventory | 67 | |
| Median Rent | ||
| Market Action | 46 | |
| Strong Seller's Market | ||
Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,350,000 | 4,522 | 0.5 - 1 acre | 4 | 4.5 | 73 | 1 | 0 | 35 |
| $1,190,000 | 3,383 | 0.25 - 0.5 acre | 4 | 3 | 58 | 1 | 1 | 49 |
| $898,000 | 2,227 | 8,000 - 10,000 sqft | 3 | 3 | 53 | 2 | 3 | 35 |
| $642,500 | 1,724 | 4,500 - 6,500 sqft | 3 | 2.3 | 58 | 2 | 1 | 31 |