Panther Valley community in Reno, Nevada

Panther ValleyHomes for Sale · Reno, NV

100+New Listings
$350K–$550KMedian Sale Price
45Avg Days to Close
Search Homes in Panther Valley
ZIP: 89506
Type: Established North Reno Area
Price Range: $350K–$550K
HOA: N/A

Where is Panther Valley?

Attainable North Reno living · Peavine Mountain

~15 min
to Downtown Reno
via US-395
~20 min
to Reno-Tahoe Int'l Airport
via US-395
~15 min
to Sparks Marina
via US-395 / I-80
~10 min
to North Valleys Regional Park
via US-395

Which Panther Valley Homes Are for Sale Right Now?

No active listings match this community right now. Use the search to explore nearby inventory.

Listing data sourced from GLVAR via Repliers IDX. Information deemed reliable but not guaranteed. Updated continuously.

What Is It Like Living in Panther Valley, Reno?

Panther Valley is a established north reno area in Reno, Nevada (ZIP 89506), established N/A with N/A homes. Pricing runs $350K–$550K with HOA dues of N/A, and the community is not guard-gated. The sections below cover current listings, market data, schools, HOA detail, and how Panther Valley compares to its neighbors — all sourced from Las Vegas REALTORS…

Panther Valley is a North Reno neighborhood on the west side of Red Hill next to Sun Valley, set against the scenic backdrop of Peavine Mountain. The Desert Research Institute marks the meeting point of Sun Valley and Panther Valley, and the area is known for open-space surroundings and an attainable price point relative to South Reno.

The neighborhood offers a mix of home styles — one-story Craftsman homes from the late 1990s and early 2000s, contemporary properties with stone façades, and newer townhouse developments. As of mid-2026, the median home price in Panther Valley runs in the low $400,000s, making it one of North Reno's more accessible markets for first-time buyers, commuters, and value-focused families.

Residents enjoy views of the Sierra Nevada, Mount Rose, and the Nevada "N," with quick US-395 access toward downtown Reno and the Sparks job centers. Panther Valley is served by the Washoe County School District, including schools such as Peavine Elementary and Archie Clayton Middle School. Detailed community statistics for this page are being expanded — contact Nevada Real Estate Group for current pricing and availability.

Panther Valley At a Glance

EstablishedN/A
DeveloperMultiple builders
Total AcreageN/A
HomesN/A
Median Home Price$350K–$550K
ZIP Codes89506
Guard-GatedNo
HOAN/A

Ready to explore Panther Valley? Schedule a private tour of the community and the current listings that match your goals.

Call (775) 204-6150

What Makes Panther Valley Stand Out?

Attainable North Reno Pricing

A median price in the low $400,000s makes Panther Valley one of North Reno's most accessible markets for first-time buyers and value-focused families.

Peavine Mountain Backdrop

Set against Peavine Mountain with views of the Sierra Nevada, Mount Rose, and the Nevada "N."

Mix of Home Styles

One-story Craftsman homes from the late 1990s and early 2000s, contemporary stone-façade properties, and newer townhouses.

US-395 Commuter Access

Quick access to US-395 for an easy commute toward downtown Reno and the Sparks employment centers.

Open-Space Surroundings

Next to Sun Valley on the west side of Red Hill, with high-desert open space and trail access nearby.

What Does the Panther Valley HOA Cost and Cover?

Panther Valley carries HOA dues of N/A, covering common-area maintenance and community amenities. Before writing an offer, budget for the dues alongside Nevada's property-tax math — an effective rate near half a percent with the 3% annual cap on primary residences under NRS 361.471 — and request the resale package early; HOA document review is a standard Nevada escrow step.

Fees & Management

Monthly HOA RangeN/A
Guard-GatedNo
Community TypeEstablished North Reno Area

HOA fees are subject to change. Verify current fees with the management company before purchase.

What HOA Typically Covers

  • Common area landscaping and maintenance
  • Community parks and trail maintenance
  • Neighborhood street maintenance
  • Exterior architectural standards enforcement
  • Reserve fund contributions

Which Schools Serve Panther Valley?

Clark County School District (CCSD)K–12Serves all addresses

Per-address school zoning for Panther Valley is pulled live from LiveBy when an active listing is on the market. Ask the team for the specific zoned elementary, middle, and high schools for any home in Panther Valley — we run the CCSD attendance-zone lookup the same day.

Frequently Asked Questions About Panther Valley

These are the questions buyers and sellers ask our team most about Panther Valley — pricing, HOA, schools, and timing — answered directly from MLS records, Reno sources, and the transactions Nevada Real Estate Group has closed across the valley. If your question is not covered, call (702) 637-1759 and a specialist will answer it the same day.

Panther Valley is a North Reno neighborhood (ZIP 89506) on the west side of Red Hill next to Sun Valley, set against Peavine Mountain with quick US-395 access toward downtown.
Panther Valley is one of North Reno's more attainable markets, with a median price in the low $400,000s and homes generally ranging from the mid-$300,000s into the mid-$500,000s. Call Nevada Real Estate Group at (775) 204-6150 for current listings.
No — Panther Valley is a non-gated North Reno neighborhood with a mix of single-family homes and townhouses.
The area has a mix of one-story Craftsman homes from the late 1990s and early 2000s, contemporary stone-façade properties, and newer townhouse developments.
Panther Valley is served by the Washoe County School District, including schools such as Peavine Elementary and Archie Clayton Middle School. Verify current assignments with the district, as boundaries can change.
Nevada Real Estate Group represents buyers and sellers throughout North Reno. Call (775) 204-6150 to discuss Panther Valley.

Free · No obligation · (702) 637-1759

Ready to Search Panther Valley Homes for Sale?

Panther Valley pricing currently spans $350K–$550K per Las Vegas REALTORS MLS records. That positions the community within the broader Reno market, where selection and pace vary block by block. The listings module above refreshes throughout the day, and our team can pull a same-day comp report for any address in Panther Valley.

Nevada Real Estate Group is the #1 real estate team in Nevada. Whether you're buying or selling in Panther Valley, let's talk.

Chris Nevada · S.181401
Owner, Nevada Real Estate Group - LPT Realty
1755 E Plumb Ln #241, Reno, NV 89502
info@nevadagroup.com

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