Market Intelligence · NV / Reno

Reno, NV 89521 Housing Market

The typical home value in Reno, NV 89521 is $707,736, up 1.8% over the past year. The median list price sits at $757,000, with homes staying on market for a median of 56 days.

Updated September 2026Median value$708K

The median home value in Reno, NV 89521 is $708K as of September 2026, up 1.8% 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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Licensed pros in 89521.

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Alicia Goolsby

Lic #S.0194120 NV

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Typical 89521 range

$651K to $764K

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

Sep 2025$695K

Low $695KHigh $708K

Sep 2026$708K

The numbers

What is the 89521 housing market like?

As of September 2026

Typical home value

$708K

1.8%YoY

Median list price

$757K

0.9%MoM

Days on market

5.7%MoM

Homes for sale

149

6.9%MoM

Price cuts

24.9%

9.2%MoM

New listings

13.2%MoM

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

The outlook

89521 housing market forecast 2027

+2.0%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89521 to rise 2.0% by September 2027.

Over the 12 months through September 2026, typical home values in 89521 rose 1.8%, per the Zillow Home Value Index.

Will home prices drop in 89521?

Zillow's forecast does not call for a drop: it expects typical home values in 89521 to rise 2.0% by September 2027, after a 1.8% 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 89521 home prices compare?

89521$707,736
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

As of September 2026, there are 149 homes for sale in the 89521 ZIP, with 66 new listings added recently. The median days on market of 56 suggests a moderate pace of sales activity. About 24.9% of listings have received price cuts, which is notable given that typical home values have risen 1.8% annually. For sellers, this mix of steady appreciation and present-day price reductions means the market is balancing buyer and seller interests without strong momentum in either direction.

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Down payment20% · $141,547

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Common questions

What people ask us.

What is the typical home value in 89521?

The typical home value in Reno, NV 89521 is $707,736, up 1.8% over the past year.

How long do homes typically stay on the market in 89521?

Homes in this ZIP have a median days on market of 56 as of September 2026.

What is the median list price in 89521?

The median list price in 89521 is $757,000 as of September 2026.

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