Is Incline Village, NV 89451 a buyer’s or seller’s market?
Incline Village is a balanced market. With about 5.8 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 11% of U.S. ZIP codes, and #88 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 Incline Village housing market right now
In the three months ending August 31, 2026, 10% of homes in Incline Village, NV 89451 sold above their list price, the typical home went under contract in 62 days and there were 5.8 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 103 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 5%, homes sold faster (78 days then) and the median sale price fell 12% to $1,281,945. Overall, Incline Village is more competitive than a year ago, so tougher for buyers.
Within Washoe County, homes here sell more slowly than in 81% of the county’s ZIP codes, and sell less often over asking than in 76%. On our competition score, Incline Village ranks #88 of 100 NV ZIP codes with enough sales (score 18 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 89451
Nearby markets
Crystal Bay 89402Buyer’s market $2,648 /sq ftIncline Village 89450Seller’s market $753 /sq ftReno 89501Balanced $352 /sq ftReno 89502Seller’s market $310 /sq ft Browse all markets →Towns like Incline Village nearby
Find towns like Incline Village in other states →Where Incline Village is
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Questions about Incline Village real estate
Is Incline Village a buyer’s or seller’s market?
A balanced market: there were 5.8 months of supply in Incline Village, NV 89451 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 Incline Village?
The typical home went under contract in 62 days in the latest three months.
Do homes in Incline Village sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Incline Village?
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 Incline Village?
The median sale price was $1,281,945 in the three months ending August 31, 2026, about $763 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