Market Intelligence · NV / Reno

Reno, NV 89519 Housing Market

In Reno, NV 89519, the typical home value is $892,760, up 2.6% over the past year as of September 2026. The median list price is $949,925, and homes spend a median 62 days on market. That suggests firm values, but not a frenzy.

Updated September 2026Median value$893K

The median home value in Reno, NV 89519 is $893K as of September 2026, up 2.6% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 89519 range

$821K to $964K

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

+2.6% over 12 months

Sep 2025$870K

Low $869KHigh $893K

Sep 2026$893K

The numbers

What is the 89519 housing market like?

As of September 2026

Typical home value

$893K

2.6%YoY

Median list price

$950K

1.1%MoM

Days on market

13.9%MoM

Homes for sale

2.7%MoM

Price cuts

20.5%

9.2%MoM

New listings

0.0%MoM

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

The outlook

89519 housing market forecast 2027

+1.9%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89519 to rise 1.9% by September 2027.

Over the 12 months through September 2026, typical home values in 89519 rose 2.6%, per the Zillow Home Value Index.

Will home prices drop in 89519?

Zillow's forecast does not call for a drop: it expects typical home values in 89519 to rise 1.9% by September 2027, after a 2.6% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 89519 home prices compare?

89519$892,760
Reno$560,179
Nevada$417,293
United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Reno: 12 ZIPs; Nevada: 133 ZIPs; United States: 26,262 ZIPs).

Context

Inventory in 89519 is limited but not frozen, with 36 homes for sale and 16 new listings as of September 2026. Buyers have some room to look because the median days on market is 62. The gap between the $949,925 median list price and the $892,760 typical value shows that asking often runs above where the broader market sits. The 20.5% share of listings with a price cut confirms that some sellers are adjusting after testing too high. For a seller, the practical read is simple: price to the market you have, not the one you want.

Monthly payment

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Home price

Down payment20% · $178,552

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Common questions

What people ask us.

How much is a home in 89519 worth?

The typical home value is $892,760 as of September 2026, up 2.6% over the past year.

Are homes selling quickly in Reno, NV 89519?

Not especially. The median days on market is 62 as of September 2026.

Are sellers cutting prices in 89519?

Some are. The share of listings with a price cut is 20.5% as of September 2026, while there are 36 homes for sale.

Discover

Nearby ZIP markets.

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