Is Reno, NV 89512 a buyer’s or seller’s market?
Reno is a seller’s market. With about 3.3 months of supply and 32% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score56/ 100
More competitive than 57% of U.S. ZIP codes, and #10 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
Months of supply3.3Under 4 months = seller’s market
Sold above original list32%Share of sales, last 3 months
Median sale-to-list98.9%Sold price ÷ list price
Median days on market44Listing to accepted offer
Median price per sq ft$286▲ +16.5% vs. last year
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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 →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology