Is Sun Valley, NV 89433 a buyer’s or seller’s market?
Sun Valley is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 34% of U.S. ZIP codes, and #50 of 100 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Sun Valley housing market right now
In the three months ending August 31, 2026, 12% of homes in Sun Valley, NV 89433 sold above their list price, the typical home went under contract in 55 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 17 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 21%, homes sold more slowly (38 days then) and the median sale price rose 5% to $464,749. Overall, Sun Valley is less competitive than a year ago, which gives buyers more room.
Within Washoe County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell less often over asking than in 71%. On our competition score, Sun Valley ranks #50 of 100 NV ZIP codes with enough sales (score 36 out of 100).
Nearby, buyers who want less competition could look at Reno 89510 (0% sold over asking) or Incline Village 89450 (0% sold over asking), while Reno 89512 (32% sold over asking) and Reno 89519 (28% sold over asking) are even more competitive.
Run the numbers for 89433
Nearby markets
Crystal Bay 89402Buyer’s market $2,648 /sq ftIncline Village 89450Seller’s market $753 /sq ftIncline Village 89451Balanced $763 /sq ftReno 89501Balanced $352 /sq ft Browse all markets →Towns like Sun Valley nearby
Find towns like Sun Valley in other states →Where Sun Valley is
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Questions about Sun Valley real estate
Is Sun Valley a buyer’s or seller’s market?
A balanced market: there were 4.5 months of supply in Sun Valley, NV 89433 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Sun Valley?
The typical home went under contract in 55 days in the latest three months.
Do homes in Sun Valley sell over asking?
12% of homes sold above their original list price, and the typical sale closed at 99.5% of the list price.
What are property taxes in Sun Valley?
About 0.44% of a home’s value a year in Washoe County, or roughly $1,760 on a $400,000 home.
What is the median home price in Sun Valley?
The median sale price was $464,749 in the three months ending August 31, 2026, about $286 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology