Market Intelligence · NV / Reno

Reno, NV 89519 Housing Market

The typical home value in Reno, NV 89519 is $902,406, up 0.8% over the past year. The median list price sits at $939,950, with homes typically spending 72 days on the market.

Updated August 2026Median value$895K

The median home value in Reno, NV 89519 is $895K as of August 2026, up 1.8% 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 89519 range

$823K to $966K

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

+1.8% over 12 months

Typical home value in 89519 over the last 12 months: $879K in Aug 2025 to $895K in Aug 2026 (+1.8%).

Aug 2025$879K

Aug 2026$895K

The numbers

What is the 89519 housing market like?

Typical home value

$895K

Up1.8%YoY

Median list price

$940K

Up1.7%MoM

Days on market

72

Up20.0%MoM

Homes for sale

37

Flat0.0%MoM

Price cuts

18.8%

Up14.9%MoM

New listings

16

Down11.1%MoM

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

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The comparison

How do 89519 home prices compare?

  • 89519$894,606
  • 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

As of August 2026, there are 37 homes for sale in 89519, with 16 new listings added recently. The median days on market of 72 suggests a moderately paced market. However, 18.8% of listings have seen a price cut, indicating some softness in seller expectations. While the market has appreciated modestly year over year, the combination of steady inventory and price adjustments suggests buyers have room to negotiate.

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20% · $178,921

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