Is Reno, NV 89533 a buyer’s or seller’s market?
Reno is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Reno housing market right now
In the three months ending August 31, 2026, 0% of homes in Reno, NV 89533 sold above their list price and the typical home went under contract in 79 days. With only 6 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 100%, homes sold more slowly (53 days then) and the median sale price fell 4% to $462,474. Overall, Reno is less competitive than a year ago, which gives buyers more room.
Run the numbers for 89533
Where Reno is
Loading map…
Questions about Reno real estate
How fast do homes sell in Reno?
The typical home went under contract in 79 days in the latest three months.
Do homes in Reno sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 99.7% of the list price.
What is the median home price in Reno?
The median sale price was $462,474 in the three months ending August 31, 2026, about $342 per square foot.
Local agents
See all agents in 89533 →No sponsored agents in 89533 yet. Are you an agent here? Put your name in front of local buyers.
More tools for 89533
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology