Reno Housing Market Report
June 2026
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?
Are homes selling faster or slower in Reno?
How many homes are closing each month?
What’s happening in the Reno market this month?
In June 2026, the median sold price in Reno was $550,000 — up 3.3% from the same month a year ago. The average sold price came in at $725,986, and Reno recorded 264 closed home sales for the month, totaling roughly $191,660,247 in volume.
Homes took a median of 42 days to go under contract, 20 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 (−34.3%), a read on how much demand is actually transacting rather than just how prices look. Over the trailing 12 months, the median has moved sideways.
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.
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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