How much is a home in 89511 worth?

The typical home value in 89511 is $1,120,294 as of 2026-08-01, up 3.1% over the past year.

How long does it take to sell a home in 89511?

Homes in 89511 spend a median of 60 days on market as of 2026-08-01.

How competitive is the 89511 market?

There were 109 homes for sale with 48 new listings as of 2026-08-01, and 15.2% of listings have had a price cut.

Market Intelligence · NV / Reno

Reno, NV 89511 Housing Market

The typical home in Reno, NV 89511 is worth $1,120,294, up 3.1% over the past year as of 2026-08-01. The median list price sits at $1,665,000, and homes take a median of 60 days to sell.

Updated August 2026Median value$1120K

The median home value in Reno, NV 89511 is $1.12M as of August 2026, up 3.1% 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 89511 range

$1.03M to $1.21M

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

+3.1% over 12 months

Aug 2025$1.09M

Low $1.09MHigh $1.12M

Aug 2026$1.12M

The numbers

What is the 89511 housing market like?

As of August 2026

Typical home value

$1.12M

3.1%YoY

Median list price

$1.67M

4.8%MoM

Days on market

5.3%MoM

Homes for sale

109

3.5%MoM

Price cuts

15.2%

13.0%MoM

New listings

20.0%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 89511 home prices compare?

89511$1,120,294
Reno$563,078
Nevada$415,320
United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Reno: 12 ZIPs; Nevada: 133 ZIPs; United States: 26,265 ZIPs).

Context

There were 109 homes for sale in 89511 as of 2026-08-01, with 48 new listings hitting the market. The median list price is $1,665,000, while the typical home value is $1,120,294 and up 3.1% over the past year. Homes spend a median of 60 days on market, and 15.2% of listings have taken a price cut. For a seller, that means this is still an appreciating market, but buyers have room to negotiate and pricing accurately matters.

Monthly payment

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Home price

Down payment20% · $224,059

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Human help

Licensed pros in 89511.

Primary seat

Alicia Goolsby

Lic #S.0194120 NV

Based in Reno and serving discerning clients across Northern and Southern Nevada, Alicia Goolsby brings elevated marketing, local insight, and attentive service to every transaction. Having lived in Las Vegas, Henderson, and Reno, she understands Nevada’s most desirable communities. Alicia combines luxury-level presentation, strategic digital exposure, and skilled negotiation to help buyers and sellers move with confidence throughout Reno, Lake Tahoe, Las Vegas, Henderson, and surrounding areas.

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