Chris Raynor's Market Report
Reno, NV 89509
Single-Family Homes
Nevada-California Broker Associate | chris@raynorrealestate.com | 209-324-0170
Reno, NV 89509
Fri Apr 17 2026
This week the median list price for Reno, NV 89509 is $959,500 with the market action index hovering around 41. This is an increase over last month's market action index of 36. Inventory has decreased to 50.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Seller's Advantage
Market Narrative
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
Real-Time Market Profile
| Median List Price | $959,500 | |
| Median Price of New Listings | $875,000 | |
| Per Square Foot | $389 | |
| Average Days on Market | 134 | |
| Median Days on Market | 84 | |
| Price Decreased | 38% | |
| Price Increased | 2% | |
| Relisted | 0% | |
| Inventory | 50 | |
| Median Rent | ||
| Market Action | 41 | |
| Slight Seller's Advantage | ||
The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.
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 | 4,263 | 0.5 - 1 acre | 4 | 4 | 53 | 2 | 1 | 133 |
| $1,144,950 | 3,165 | 0.25 - 0.5 acre | 4 | 3.3 | 61 | 1 | 1 | 59 |
| $840,000 | 1,960 | 6,500 - 8,000 sqft | 3 | 2 | 67 | 2 | 2 | 112 |
| $629,500 | 1,732 | 4,500 - 6,500 sqft | 3 | 2.3 | 36 | 2 | 6 | 49 |