Market Intelligence · NV / Reno

Reno, NV 89502 Housing Market

The typical home value in Reno's 89502 ZIP code is $443,626, down 0.5% over the past year. The median list price is $366,200, and homes are taking a median of 41 days on market as of June 1, 2026.

Updated June 2026Median value$444K

The median home value in Reno, NV 89502 is $444K as of June 2026, down 0.5% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 89502 range

$408K to $479K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

-0.5% over 12 months

Typical home value in 89502 over the last 12 months: $446K in Jun 2025 to $444K in Jun 2026 (-0.5%).

Jun 2025$446K

Jun 2026$444K

The numbers

What is the 89502 housing market like?

Typical home value

$444K

Down0.5%YoY

Median list price

$366K

Days on market

41

Flat0.0%MoM

Homes for sale

42

Price cuts

9.8%

New listings

30

Sources · Zillow ZHVI (June 2026) / Realtor.com (June 2026) / FRED (July 2026)

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The comparison

How do 89502 home prices compare?

  • 89502$443,626
  • Reno$564,851
  • Nevada$420,721
  • United States$291,471

Median Zillow home value (ZHVI), as of June 2026. Comparison levels are medians across every ZIP code with Zillow data (Reno: 12 ZIPs; Nevada: 133 ZIPs; United States: 26,270 ZIPs).

Context

As of June 1, 2026, there were 42 homes for sale in 89502, with 30 new listings recently added. The median list price sits at $366,200, and the median days on market is 41. About 9.8% of listings have had a price cut. The typical home value in the area is $443,626, down 0.5% over the past year. For sellers, this is a market that calls for realistic pricing and patience rather than assuming a quick sale.

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