Start Free
All market snapshots / 89523

Reno, NV 89523 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Reno, NV inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 4343PendingPending sales: 66
Reno, NV: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $639k$639kSoldMedian sold price (last 6 months): $650k$650k
What homes actually sell for in Reno, NV
Distribution of 326 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $530k to $790k
$330k to $472k: 34 sales$330k$472k to $614k: 87 sales$614k to $756k: 95 sales95sales$614k$756k to $898k: 39 sales$898k to $1.04M: 17 sales$898k$1.04M to $1.18M: 12 sales$1.18M to $1.32M: 8 sales$1.18M$1.32M to $1.46M: 1 salesMedian $650k

What the numbers say

As of September 14, 2026, Resideline is tracking 43 active listings and 6 pending sales in ZIP code 89523. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $639,000, while the median of the 326 closed sales Resideline tracked over the last six months was $650,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 89523 for 52 days.

Frequently asked questions

What is the median home price in 89523?

The median closed sale price in Reno, NV 89523 was $650,000 over the last six months, based on 326 closed sales tracked by Resideline. The middle half of those sales ranged from $530,000 to $790,000.

Is 89523 a buyer's or seller's market?

Resideline is currently tracking 6 pending sales against 43 active listings in 89523, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 89523 currently looks like a balanced market.

Nearby ZIP code market data

Full Reno, NV housing market report →
Run any 89523 address through Resideline
Free account. Includes 3 full property reports with comps, ARV and rent estimates.