Reno Housing Market Report
August 2026 · Single-Family Homes
Northern Nevada’s economic hub — Midtown, Northwest Reno, and Somersett. All figures below are sold-side data from the Reno/Sparks Association of REALTORS (NNRMLS) via Repliers IDX, refreshed daily.
How has the median sold price trended over 12 months?
Reno · sold-side NNRMLS data via Repliers IDX
Are homes selling faster or slower in Reno?
Reno · sold-side NNRMLS data via Repliers IDX
How many homes are closing each month?
Reno · sold-side NNRMLS data via Repliers IDX
What’s happening in the Reno market this month?
In August 2026, the median sold price in Reno was $629,500 — up 5.4% from the same month a year ago. The average sold price came in at $811,117, and Reno recorded 40 closed home sales for the month, totaling roughly $32,444,681 in volume.
Homes took a median of 38 days to go under contract, 19 days faster than a year ago. That is a balanced pace where correctly priced homes still move.
Sales volume ran lower than a year ago (−85.4%), a read on how much demand is actually transacting rather than just how prices look. Over the trailing 12 months, the median has moved down about 1.8%.
For buyers, the window to negotiate is narrower on the sharpest listings, so getting pre-approved and moving decisively still matters. Well-priced, well-presented Reno homes are still selling; overpriced ones sit. These are sold-side figures from the MLS; for what your specific Reno home is worth today, an address-level analysis beats any monthly average.
How is this Reno market report calculated?
Every figure is sold-side data — median and average closed price, median days on market from list to contract, and the count of homes that actually closed in Reno each month. Year-over-year comparisons use the same month one year earlier. Data comes from the Reno/Sparks Association of REALTORS (NNRMLS) through the Repliers IDX feed and refreshes daily; the 12-month charts above lock each completed month so the trend line never shifts after the fact. This is the same data our team uses when we price a Reno home. The figures on this tab reflect single-family homes only — use the tabs above to switch property type.
What is your Reno home worth in today’s market?
Averages are a starting point — your home’s value depends on its exact street, condition, and this week’s competition. Get a no-obligation, address-specific analysis from the Nevada Real Estate Group team.
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