First-Time Buyers
- Sub-$500K newer construction available
- FHA and conventional financing; no jumbo needed
- Many no-HOA lots -- lower monthly cost
- Washoe County schools + 20-min Reno commute
North Valleys Community · North Reno
Stead Homes For Sale
Nevada's #1 team for Stead real estate. Search homes for sale in North Reno's attainable-price North Valleys community -- newer construction and established single-family homes from $400K to $620K near the Reno-Stead Airport corridor.
MEDIAN LIST PRICE
$470K
LVR / GLVAR via Repliers, as of September 13, 2026
DAYS ON MARKET
49
LVR / GLVAR via Repliers, as of September 13, 2026
HOA
Many $0
North Valleys community records
TO DOWNTOWN RENO
20 min
Via US-395 S
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
June 24, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
What Should You Know About Stead at a Glance?
Stead is North Reno's most attainable North Valleys community -- anchored by the Reno-Stead Airport, per Reno/Sparks Association of REALTORS data -- with a ZIP 89506 median list price near $469,975 and homes selling in about 43 days per Northern Nevada Regional MLS. The five takeaways below break down what those numbers mean for buyers.
- Community character: Established North Valleys area with newer production subdivisions and mid-century ranch homes on modest to generous lots.
- Median list price: $469,975 (September 2026, ZIP 89506) -- from $400K entry resales to $620K updated single-family homes.
- Best for: First-time buyers, families, commuters, and value-focused buyers who want modern construction below the Reno metro median.
- HOA fees: Many streets are HOA-free; newer production subdivisions run $30-$80/month for common-area landscaping only.
- Key advantage: Zero Nevada state income tax, 20-minute US-395 commute to downtown Reno, new construction at sub-$500K, and no jumbo financing required.
Last updated September 2026 · Sources: RSAR, U.S. Census, NNRMLS
Where Can You Find Stead Homes for Sale?
Stead and ZIP 89506 carry roughly 188 active listings as of September 2026 according to Reno/Sparks Association of REALTORS and Northern Nevada Regional MLS data, spanning $400K entry resales to $620K updated single-family homes in established North Valleys subdivisions. The eight newest listings appear below, refreshed throughout the day, with every active Stead property searchable in our live MLS portal.
PRICE DISTRIBUTION
How Many Stead Homes Sell in Each Price Range?
The ZIP 89506 median list price sits at $470K per Reno/Sparks Association of REALTORS September 2026 NNRMLS data, with inventory clustering in the $430K-$560K production band. Each card below shows current active-listing counts by price range, so you can gauge real competition in your budget before you start touring Stead neighborhoods.
Browse Stead Listings
How Can You Find a Stead Home by Type, Price & Lifestyle?
Stead's roughly 188 active listings span five price bands, two property types, and the lifestyle filters below -- each link opens our live NNRMLS search pre-filtered to that slice, with counts updated daily from Reno/Sparks Association of REALTORS and NNRMLS data.
Which Stead Neighborhoods Should You Explore?
Tap a community card to see current listings, price ranges, and what daily life looks like inside each section of the Stead area.
By Property Type
By Price Range
By Lifestyle
Updated daily · 170 active listings · MLS data
STAY AHEAD OF THE MARKET
How Can You Get New Stead Listings First?
Custom alerts by price, beds, baths, and home features -- no spam, unsubscribe anytime. With Stead homes going under contract in a median 43 days per Reno/Sparks Association of REALTORS, buyers who see new listings within hours hold a real edge over buyers who check portals weekly.
- Custom criteria — neighborhood, price, beds, baths, features
- Instant alerts — emailed within minutes of a new MLS listing
- 1,200+ Henderson buyers used NREG alerts last year
Create your alert
School planning
Check schools for your address
Before choosing a home, request address-specific school assignments for the intended school year from the district. Confirm grade levels, program eligibility, enrollment requirements and any boundary changes. Use the exact property address, including any unit number, and ask the district to confirm the assignment before making a purchase decision.
Check Washoe school zoning · View Nevada Report Card
Compare each school’s programs and published results for the same reporting year. Proximity to a school does not guarantee admission; contact charter, magnet and private schools about their application and enrollment requirements.
CRIME DATA
Review reported crime for the area
Where to start
Review reports from the law-enforcement agency serving the address. Check the reporting period, area covered, offense definitions and completeness before comparing locations. When requesting local information, provide the property address and ask which agency and geographic boundary each report represents, along with any known reporting gaps.
Understand what the reports cover
The FBI publishes crime and law-enforcement statistics through its Crime Data Explorer. Its guidance cautions against using crime totals alone to rank communities: reporting practices and local conditions affect comparisons.
A citywide statistic does not establish conditions at a particular home. Ask the local agency about current reports for the area and gaps in the available data. Missing records do not mean zero crime, and a gated entrance does not establish a safety rating.
FBI crime data resources · FBI guidance on comparing communities
Living In
What's It Like Living in Stead, NV?
The Answer
Stead offers open-valley North Reno living -- wide mountain views, newer single-family homes, and one of the metro's most accessible price points. The City of Reno corridor puts downtown Reno 20 minutes south via US-395, with the Tahoe-Reno Industrial Center and Reno-Stead Airport employment nearby. Zero Nevada state income tax sweetens every relocation budget.
What is Stead known for?
Stead is known as a North Reno North Valleys community built around the former Stead Air Force Base and today's Reno-Stead Airport. It offers some of the metro's most attainable newer construction, a straightforward US-395 commute, and a wide-open high-desert setting with Sierra views -- popular with first-time buyers and families who want modern homes without master-plan pricing.
Who should live in Stead?
Stead fits first-time buyers seeking newer construction at accessible prices, families who want space and Washoe County schools, commuters to the Reno-Stead Airport industrial corridor and Tahoe-Reno Industrial Center, and California relocators who want more home for their budget in a no-income-tax state.
What is daily life like in Stead?
Daily life centers on the US-395 and Lear Boulevard corridor: groceries and daily errands within 10-12 minutes, a 20-minute freeway run to downtown Reno's restaurants and entertainment, and weekend access to the Sierra via US-395 north-to-Tahoe. The National Championship Air Races each September -- historically hosted at Stead -- bring an aviation heritage event unique in the region.
Location
Where Is Stead
Stead sits in the North Valleys corridor of North Reno (ZIP 89506) along US-395, approximately 8-10 miles north of downtown Reno. The area is bounded by the Reno-Stead Airport to the west, open high-desert terrain to the north, and the Golden Valley and Lemmon Valley communities to the south and west. Elevation approximately 4,500-4,800 ft.
Downtown Reno
20
Min
Airport
22
Min
North Valleys Shopping
12
Min
Tahoe-Reno Industrial Center
35
Min
Lake Tahoe
62
Min
Stead
At a Glance$469,975
Median List Price (ZIP 89506)
170
Active Listings
~$255
Price / Sq Ft
49
Days on Market
- Community Type
- North Valleys established + new builds
- Established
- Mid-century + ongoing new construction
- ZIP Code
- 89506
- Price Range
- $400K-$620K
- HOA
- Many $0; newer phases $30-$80/mo
- Guard-Gated
- No
- School District
- Washoe County School District
- To Downtown Reno
- 20 min
- To Lake Tahoe
- ~62 min
- Airport
- Reno-Tahoe Intl (22 min)
Quick Answer
Is Stead a good place to live in Reno?
Yes, for the right buyer. Stead delivers the best price-per-square-foot in the Reno metro for newer construction, a direct US-395 commute to downtown and the Tahoe-Reno Industrial Center, and Nevada's zero state income tax. Families and first-time buyers consistently choose Stead for modern single-family homes in the $430K-$560K range that would cost significantly more in south Reno or Northwest Reno communities.
Source: Nevada State Demographer
DEMOGRAPHICS
Who Lives in Stead?
According to the U.S. Census Bureau, ZIP 89506 holds a predominantly owner-occupied, working-family population with a median household income near $68,000 -- slightly below the Reno city average but reflective of the area's younger buyer demographic. The median age of roughly 36 reflects Stead's first-time buyer and young-family focus.
Home values in ZIP 89506 have grown steadily as California in-migration into North Reno accelerated, driven by the attainable price point and proximity to expanding industrial employment at the Tahoe-Reno Industrial Center. The area's newer construction pipeline continues to attract buyers priced out of Somersett and south Reno communities.
~42,000
vs Washoe Co ~510,000
~$68,000
vs Washoe Co $76,000
~36
vs Washoe Co 39
~$480K
vs Washoe Co $530K
~62%
vs Washoe Co 58%
~24%
vs Washoe Co 33%
~35%
vs Washoe Co 28%
2.8
vs Washoe Co 2.5
Source: U.S. Census Bureau ACS estimates & Nevada State Demographer · Updated
POPULATION & GROWTH
How Fast Is Stead Growing?
The North Valleys corridor including Stead has grown significantly since 2010 as California in-migration into North Reno outpaced new supply. ZIP 89506 is projected to continue growing through 2030, driven by Tahoe-Reno Industrial Center employment expansion and continued new-construction pipeline activity in the Stead and Lemmon Valley areas.
~42,000ZIP 89506 residents (2024)
OngoingNew construction pipeline
~47,000ZIP 89506 projected 2030
ZIP 89506 population trajectory, 2010-2030 (projected)
Growth in Stead and the broader ZIP 89506 corridor tracks California net in-migration and the expanding Tahoe-Reno Industrial Center employment base. Each new production release from active North Valleys builders sells quickly, and the attainable sub-$500K price point continues to attract a steady stream of first-time buyers and young families.
Sources: Nevada State Demographer and U.S. Census Bureau ACS. Historical figures are ZIP-level approximations; projection reflects State Demographer planning. Last updated June 2026.
MARKET TRENDS · LAST 12 MONTHS
How Is the Stead Real Estate Market Trending?
Median list price, days on market, and active inventory from Northern Nevada Regional MLS ZIP 89506 data, updated monthly. ZIP 89506 has tracked near $480K over the past year with roughly 188 active listings -- the three charts below show the past twelve months.
Median List Price (ZIP 89506)
+1.5% YoY (May 2025 -> May 2026)
Source: Las Vegas REALTORS
Days on Market
38 -> 43 days YoY (seasonal softening winter)
vs September 2025
Source: Las Vegas REALTORS
Active Listings
~188 monthly average, seasonal winter dip
vs September 2025
Source: Las Vegas REALTORS
The long view: Reno's median sold price rose 116% between 2015 ($273,230) and 2026 ($589,951), across 53,730 recorded closings — Northern Nevada Regional MLS (NNRMLS) records via Repliers.
49
MEDIAN DAYS ON MARKET
$470K
MEDIAN LIST PRICE
170
ACTIVE LISTINGS (ZIP 89506)
< 1 hr
OUR RESPONSE TIME
HOMES GOING FAST
Get matched with a
Stead specialist.
Market Competitiveness
How Competitive Is the Stead Market Right Now?
Stead is a moderately active market -- well-priced entry and mid-tier homes go under contract in roughly five to six weeks per NNRMLS ZIP 89506 data. The $430K-$540K production band moves fastest at 36-43 median days; larger or updated homes above $560K typically take seven to ten weeks as the qualified buyer pool narrows.
48Moderately Active
- 43 daysMedian days on market (ZIP 89506)
- $255Median price per sq ft
- 36-65DOM range by tier
- 188Active listings (June 2026)
Is Stead Right for You?
Who Should Buy a Home in Stead?
Stead spans $400K entry resales to $620K updated single-family homes -- one of the widest value price ranges in the Reno metro. Four buyer profiles below match lifestyles to specific Stead sections, followed by the honest pros and trade-offs our team walks every client through before they commit.
Which Stead Section Fits Your Buyer Type?
Growing Families
- 3-4 bedroom production homes $430K-$560K
- Neighborhood parks throughout the corridor
- Room to grow in open North Valleys setting
- WCSD schools; verify zone by address
Commuters & Industrial Workers
- Reno-Stead Airport employment corridor on-site
- Tahoe-Reno Industrial Center 35 min via I-80
- Downtown Reno 20 min via US-395
- Value pricing for high-utilization commuters
California Relocators
- Zero Nevada state income tax
- Modern 1,800-2,100 sq ft homes near $480K
- No jumbo financing required at any Stead price point
- Lake Tahoe 62 minutes from the driveway
Best Fit For
- First-time buyers — sub-$500K newer construction with FHA financing and no-HOA lots -- the metro's best entry point for modern single-family.
- Young families — 3-4 bedroom production homes, neighborhood parks, and the North Valleys' open setting at attainable prices.
- Commuters — direct US-395 access to downtown Reno in 20 minutes and Tahoe-Reno Industrial Center in 35 minutes.
- California relocators — more square footage for less money, zero state income tax, and Sierra access -- all at conforming loan limits.
- Value investors — the North Valleys' sustained population growth and employer expansion underpin steady long-term appreciation.
Ready to explore homes in Stead? Our team knows every new-construction phase, HOA status, and school zone boundary in the North Valleys.
Start Your Stead SearchPros
- Zero Nevada state income tax -- five-figure annual savings versus California
- Most attainable new construction in the Reno metro at $430K-$560K
- Many lots are HOA-free -- lower monthly carrying costs
- All homes are under the $766K conforming limit -- standard FHA, VA, conventional financing
- Direct US-395 commute to downtown Reno (20 min) and Tahoe-Reno Industrial Center (35 min)
- Open high-desert setting with wide Sierra and valley views
- Property taxes capped at 3% annual growth under Nevada law
Honest Considerations
- Schools in the North Valleys corridor rate 6-7/10 on GreatSchools -- families prioritizing 9/10 zones may prefer Somersett or south Reno
- Daily retail and dining require a 10-15 minute drive -- not a walkable neighborhood
- North Valleys wind corridor can be stronger than south Reno -- factor into insurance and outdoor maintenance
- Not guard-gated or master-planned -- buyers who want community amenities (golf, clubhouse, trails) should look at Somersett or Caughlin Ranch
- Area is still developing -- some streets are adjacent to industrial or airport uses
Neighborhood Comparison
How Does Stead Compare to Other North Reno Communities?
A like-for-like comparison of the five most-searched North and North Valleys Reno communities -- median price, price per square foot, days on market, HOA, and lifestyle fit -- using active-listing data refreshed monthly via Reno/Sparks Association of REALTORS and NNRMLS. Prices span $440K in Lemmon Valley to $530K in Sky Vista.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| Stead | $480,000 | ~$255 | 43 | 44 | First-Time · Value · Employment Access |
| Lemmon Valley | $455,000 | ~$245 | 46 | 38 | Rural · Larger Lots · Value |
| Golden Valley | $468,000 | ~$250 | 44 | 32 | Established · Residential · Value |
| Sky Vista | $530,000 | ~$275 | 38 | 42 | Newer Build · Move-Up · Views |
| Northwest Reno (non-HOA) | $530,000 | ~$295 | 34 | 33 | Established · No HOA |
Source: Reno/Sparks Association of REALTORS and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.
Community Deep Dive
What's Inside Each North Reno Community?
Submarket 1
Stead
North Reno's most attainable newer-construction community -- established and growing North Valleys area anchored by the Reno-Stead Airport corridor, with many no-HOA lots and direct US-395 commute access.
Browse Stead homes →$480KMedian Price
43Days on Market
44Active Listings
~$255Price / Sq Ft
Submarket 2
Lemmon Valley
A neighboring North Valleys community to the west of Stead -- slightly more rural setting, larger lots in some areas, and similar pricing with less industrial proximity.
Browse Lemmon Valley homes →$455KMedian Price
46Days on Market
38Active Listings
~$245Price / Sq Ft
Submarket 3
Golden Valley
South of Stead with a mix of established homes and newer builds -- similar pricing with a slightly more residential-only character and less airport proximity.
Browse Golden Valley homes →$468KMedian Price
44Days on Market
32Active Listings
~$250Price / Sq Ft
Submarket 4
Sky Vista
A newer North Reno community south of Stead with newer builds, slightly higher prices, and a more move-up buyer profile -- Sky Vista is between the North Valleys and the broader Reno market on price.
Browse Sky Vista homes →$530KMedian Price
38Days on Market
42Active Listings
~$275Price / Sq Ft
Submarket 5
Northwest Reno (non-HOA)
The broader Northwest Reno corridor outside the master plans -- older established neighborhoods, no HOA, and value pricing with the same I-80 and airport access as Somersett's outer rings.
Browse Northwest Reno (non-HOA) homes →$530KMedian Price
34Days on Market
33Active Listings
~$295Price / Sq Ft
Submarket 6
Reno-Stead Airport Employment Corridor
The Reno-Stead Airport industrial zone anchors the western edge of the community -- logistics, aviation services, light manufacturing, and the historic home of the National Championship Air Races. Workers at this corridor enjoy a sub-10-minute commute from most Stead residential streets.
Browse Reno-Stead Airport Employment Corridor homes →$480KMedian home price
Many $0HOA monthly cost
20 minTo downtown Reno
35 minTo TRI Center
Where Is Stead on the Map?
Stead sits in the North Valleys corridor of North Reno (ZIP 89506) along US-395, approximately 8-10 miles north of downtown Reno. Lemmon Valley is 5 minutes west, Golden Valley 8 minutes south, and downtown Reno is roughly 20 minutes away via US-395. Reno-Tahoe International Airport sits about 22 minutes south.
#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,061+
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< 1 hr
AVERAGE RESPONSE
STILL DECIDING?
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Stead pocket fits?
BY ZIP CODE
What Does the Market Look Like in ZIP 89506?
ZIP 89506 covers Stead, Lemmon Valley, and the broader North Valleys corridor in North Reno. The table below puts the ZIP in context against neighboring Reno ZIP codes -- median price, price per square foot, days on market, active inventory, and year-over-year price growth -- using Northern Nevada Regional MLS data.
| ZIP | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89506 | Stead · North Valleys · Lemmon Valley | $480K | ~$255 | 43 | 188 | +1.5% |
| 89523 | Somersett · Northwest Reno | $620K | ~$315 | 32 | 210 | +1.9% |
| 89519 | Old Southwest · Caughlin Ranch | $725K | ~$340 | 36 | 142 | +3.1% |
| 89511 | South Reno · Galena · ArrowCreek | $745K | ~$355 | 40 | 268 | +2.8% |
| 89521 | Damonte Ranch · South Meadows | $565K | ~$290 | 28 | 256 | +2.2% |
| 89509 | Midtown · Central · Lakeridge | $520K | ~$310 | 34 | 174 | +1.5% |
Source: Reno/Sparks Association of REALTORS and NNRMLS. Medians from active listings; YoY from closed sales, 2026 vs 2025 year-to-date. Per-sqft figures approximate. ZIP boundaries per Washoe County GIS.
New Construction
Who Are the Builders in Stead?
Stead and the broader North Valleys have seen ongoing production-home development from multiple builders active in ZIP 89506. Newer single-family phases in the $430K-$580K range sell quickly -- verify current incentives, because rate buydowns and closing-cost credits change month to month.
Entry & Family
KB Home
Production single-family, energy-efficient builds
Entry-Level
LGI Homes
Attainable new construction, fast close
Family Move-Up
Lennar
Everything's Included design packages
Value Production
D.R. Horton
America's largest homebuilder, volume pricing
Infill & Custom
Local / Regional Builders
Infill builds on existing North Valleys lots
Outdoor Recreation
What Outdoor Amenities Does Stead Offer?
Stead's high-desert North Valleys setting provides open space, mountain views, and neighborhood parks for daily recreation. Lake Tahoe and the Sierra Nevada are roughly 62 minutes away for weekend adventures. The City of Reno maintains additional parks and trails across the broader metro, with the Truckee River path and Rancho San Rafael Park accessible within 25-30 minutes south.
ON-SITE
North Valleys Neighborhood Parks
Multiple parksPlayground · Open lawn · PicnicFree
Community parks throughout the Stead residential core serve families with playground equipment, open lawn, and picnic areas.
5 MIN
Reno-Stead Airport Open Space
Open corridorPlane spotting · Open terrainFree
The airport perimeter area and the wide-open North Valleys terrain provide a unique aviation-adjacent experience, especially during the Reno Air Races season.
25 MIN
Rancho San Rafael Park
595 acresTrails · Events · ArboretumFree
Reno's flagship regional park, home to the Great Reno Balloon Race and the Wilbur D. May Arboretum, accessible 25 minutes south.
28 MIN
Truckee River Whitewater Park
Downtown RenoKayaking · Walk · BikeFree
An urban whitewater park in downtown Reno -- kayak drops, riverwalk path, and adjacent Midtown restaurants.
55 MIN
Mt. Rose Ski Tahoe
1,200 acresSkiing · SnowboardingTicketed
The closest major ski resort to Reno, with the highest base elevation at Lake Tahoe and dependable deep Sierra snow.
62 MIN
Lake Tahoe (Incline Village)
191 sq miBoating · Beaches · SkiingFree shoreline
North America's largest alpine lake -- public beaches at Sand Harbor and Kings Beach, marinas, and a dozen surrounding ski resorts.
45 MIN
Galena Creek Recreation Area
230+ acresHiking · PicnicsFree
Forested Sierra trails and a visitor center on the Mt. Rose Highway -- the closest wilderness trailhead to Reno.
30 MIN
Bartley Ranch Regional Park
56 acresTrails · EquestrianFree
Trails, an amphitheater, and equestrian facilities at the edge of south Reno neighborhoods -- accessible via US-395 south.
The Stead Lifestyle
What Does a Weekend in Stead Look Like?
Open-valley living with urban access: a morning walk through the neighborhood with Sierra views, an afternoon run south to downtown Reno's Midtown dining strip via the City of Reno, and a weekend Sierra escape -- Lake Tahoe an hour away and Mt. Rose Ski Tahoe less than that.
300+Days of Sun
62 minTo Lake Tahoe
4,600 ftElevation
20 minTo Downtown Reno
THIS WEEKEND'S OPEN HOUSES
Can You Tour Stead Homes This Weekend?
Most Stead sellers schedule weekend open houses Friday through Sunday. Builder model homes at active North Valleys phases are typically open daily by appointment. Set up instant alerts to get notified when a home in your price range schedules an open house, or browse every active Stead listing now.
Planning a move
What Should I Verify Before Moving to Stead?
Build a budget around the particular home and your circumstances. Obtain current financing terms, property records and service quotes before comparing the cost of a move. A community average cannot establish your tax bill, insurance premium, association charges or savings.
Review taxes for your circumstances
Ask a tax adviser to review income sources, residency dates and any continuing connections to another state. California-source income can remain taxable after a move; the Franchise Tax Board explains part-year and nonresident rules. A headline tax-rate comparison does not calculate your savings.
Get the exact parcel's current tax bill and assessment record from its county. Confirm the property's abatement status and any effect of new construction, a change in use or your circumstances with the assessor. Do not apply a community-wide percentage to a purchase price or assume a tax cap is automatic.
Compare written costs and property requirements
Use lender estimates, insurance quotes, association documents and utility information for the exact address. Include maintenance, moving expenses and any special assessments in the comparison. Renting and buying involve different costs and obligations; future equity or resale gains are not assured.
Check school assignments for the enrollment year and ask about choice-program applications. Investigate parcel-specific hazards and permitted uses with the responsible agencies. Review travel routes and the features that matter to you instead of relying on a broad safety score or a neighborhood recommendation based on household type.
Discuss the homes, budget and timing you want to evaluate with the team.
Explore relocation planningRELOCATION TIMELINE
How to Relocate to Stead in 8 Steps
Plan the purchase and move around your circumstances and the property's verified requirements. Coordinate the transaction, possession and moving arrangements with the relevant parties. For license and vehicle questions, consult the Nevada DMV new-resident guide. Confirm your own deadlines and any exemptions directly with the agency.
Define your property and location needs
Compare homes using your budget, accessibility needs, desired features and travel routes. Evaluate the particular property and surroundings using your own priorities; a neighborhood label does not establish its suitability.
Confirm financing and the full ownership budget
Ask a lender for terms based on your circumstances and the property. Obtain the parcel tax record, insurance quotes, association charges and other recurring costs; a community-wide estimate cannot establish your payment or approval.
Agree on representation and the search process
Discuss services, compensation, communication and touring arrangements with the agent. Confirm the details in the applicable agreement before relying on a promised service or access to a property.
Investigate the exact address
Check school assignments with the district for the enrollment year and ask about separate program applications. Review parcel-specific flood, wildfire, utility, zoning and intended-use questions with the relevant agencies and service providers.
Review the offer and its deadlines
Discuss price, deposit, contingencies and the proposed schedule with your agent and lender. The signed contract determines the transaction deadlines; market averages do not promise when an offer will be accepted or a purchase will close.
Review inspections and property documents
Arrange appropriate inspections and review disclosures, title information, association documents and financing conditions. Investigate unresolved findings with the relevant specialist before the contractual decision deadlines.
Coordinate services and moving arrangements
Verify which utilities serve the address, what deposits or appointments are required, and when service can begin. Coordinate access and the moving date with the agreed possession terms and any building or association requirements.
Confirm possession and new-resident requirements
Confirm completion and possession with the closing parties before arranging access. Consult the Nevada DMV's current new-resident guide for license, registration, documentation and exemption requirements that apply to you.
ECONOMY & JOBS
What Drives the Economy Near Stead?
Stead residents tap directly into the Reno-Sparks MSA job base via one of the metro's most direct employment corridors. According to the U.S. Bureau of Labor Statistics, MSA unemployment runs near historic lows, driven by Tesla, Switch, and Panasonic at the Tahoe-Reno Industrial Center (35 min via US-395/I-80) and the Reno-Stead Airport industrial zone directly adjacent to the community.
~$68,000Median household income, ZIP 89506U.S. Census ACS estimate
Stead AirportLogistics · Aviation · Light MfgOn-site industrial corridor
20 minTo downtown Reno employersVia US-395 S
35 minTo Tahoe-Reno Industrial CenterVia US-395 / I-80 east
Top Reno-Area Employers (Commutable from Stead)
- Reno-Stead Airport Industrial ZoneLogistics, aviation services, and light manufacturing adjacent to the community
- Tesla Gigafactory NevadaBattery & EV manufacturing, Tahoe-Reno Industrial Center (~35 min via I-80)
- Renown HealthNorthern Nevada's largest healthcare system, downtown Reno (~20 min)
- University of Nevada, RenoR1 research university, north campus (~25 min)
- SwitchHyperscale data centers, Tahoe-Reno Industrial Center (~35 min)
- Panasonic EnergyBattery manufacturing partner, TRI Center (~35 min)
Sources: U.S. Bureau of Labor Statistics, Nevada State Demographer. Last updated June 2026.
COMMUNITY COMPARISON
How Does Stead Compare to Lemmon Valley, Sky Vista & Somersett?
Choosing between North Reno communities? This table compares Stead (median $480K, no-HOA lots, airport employment adjacent), Lemmon Valley ($455K, more rural, larger lots), Sky Vista ($530K, newer builds, move-up), and Somersett ($620K, golf master plan). Metrics are from RSAR, the U.S. Census, and BLS Reno-Sparks MSA.
| Metric | Stead | Lemmon Valley | Sky Vista | Somersett |
|---|---|---|---|---|
| Median List Price | $480K | $455K | $530K | $620K |
| Price / Sq Ft | ~$255 | ~$245 | ~$275 | ~$315 |
| Days on Market | 43 | 46 | 38 | 32 |
| HOA / Month | Many $0; $30-$80 | Many $0 | $50-$150 | $130-$220 |
| Guard-Gated | No | No | No | Sub-enclaves only |
| Golf On-Site | No | No | No | Yes |
| New Construction | Active phases | Limited | Active phases | Active phases |
| Employment Access | Airport + TRI 35 min | TRI 40 min | TRI 40 min | TRI 35-40 min |
| Best For | First-Time · Value · Commuters | Rural · Larger Lots | Move-Up · Newer Builds | Golf · All Tiers · Master Plan |
Sources: Reno/Sparks Association of REALTORS, U.S. Census ACS. Last updated June 2026.
Cost of Ownership
What Will Stead Cost You Each Month?
Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.
Illustrative Payment Estimator
Estimate Your Stead Payment
$3,704
Illustrative Monthly Payment
- Principal & Interest$2,874
- Property Tax$300
- Insurance$150
- HOA$200
- PMI$180
Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.
BUYING AND RENTING
How should you compare buying with renting?
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Purchase worksheet
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Rental worksheet
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
Use scenarios rather than a promised break-even date
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
Which HOA charges apply to this address?
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Recurring charges
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Closing and special charges
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Rules and access
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
How Easy Is Getting Around from Stead?
From Stead's main US-395 corridor, downtown Reno is about 20 minutes south. Most residents drive -- mean commutes in ZIP 89506 run near 24 minutes per U.S. Census ACS data -- well below the Bay Area and Sacramento averages most relocators leave behind.
Drive Times from Stead
- 20 minDowntown RenoVia US-395 S
- 22 minReno-Tahoe Intl AirportVia US-395 S
- 12 minNorth Valleys Shopping (Lear Blvd)Via US-395 / Lear Blvd
- 35 minTahoe-Reno Industrial CenterVia US-395 / I-80 east
- 30 minSparksVia US-395 / I-80 east
- 42 minCarson CityVia US-395 S
- 55 minMt. Rose Ski TahoeVia US-395 / NV-431
- 62 minLake Tahoe (Incline Village)Via US-395 / NV-431
Transportation Options
Drive times based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC Washoe.
Quick Answer
How long does it take to close on a home in Stead?
Most Stead purchases close in 30-45 days. Cash offers can close in 7-14 days. Financed resales run 30-45 days; FHA and VA loans add 5-7 days for appraisal and inspection scheduling. New-construction spec homes close in 30-60 days. Build-to-order contracts range from 60 days to 9 months depending on the builder's backlog.
Quick Answer
What credit score do you need to buy a home in Stead?
Conventional loans generally want 620+; FHA allows 580+ with 3.5% down for eligible first-time buyers. VA loans are available with no minimum credit score, though most lenders want 580+. All Stead homes are under the $766K conforming limit, so no jumbo financing is required at any Stead price point. The spread between a 660 and a 740 score can exceed $250/month on a $480K purchase, so improving credit before applying pays off.
Stead FAQ — 18 Answers
What Do Stead Buyers Most Frequently Ask?
Most AskedWhat is the median home price in Stead?
The median asking price for a Stead home is about $469,975 per Northern Nevada Regional MLS data for ZIP 89506, at roughly $255 per square foot. Entry-level resales and older ranch homes start near $400K, newer production single-family homes cluster around $470K-$560K, and larger updated homes in established subdivisions can reach $620K.
What makes Stead different from other Reno communities?
Stead anchors the North Valleys corridor -- the largest attainable-price submarket within Reno city limits. Its combination of newer production subdivisions, no-HOA established neighborhoods, and direct US-395 access to Reno employment makes it the go-to ZIP code for first-time buyers and families seeking modern construction at prices well below the city median.
Are there HOA fees in Stead?
Many Stead neighborhoods carry no HOA at all, which is one of the area's main draws. Newer production subdivisions typically run a modest $30-$80 per month covering common-area landscaping. Always confirm before writing an offer -- some sections are HOA-free while adjacent phases have dues.
Is Stead a good area for first-time buyers?
Yes -- Stead consistently ranks among the most accessible entry points in the Reno metro. The combination of no-HOA lots, newer construction starting near $430K, and a streamlined US-395 commute to Reno employers makes it a natural starting point. FHA and conventional first-time buyer programs are widely used here; call Nevada Real Estate Group at (775) 277-2120 for a lender referral.
What schools serve Stead?
Stead sits in the Washoe County School District. Stead Elementary School serves the community's youngest residents; students typically feed into Billinghurst Middle School and either Wooster or McQueen High School depending on address. Confirm assignments by exact street address, as zone boundaries shift periodically across ZIP 89506.
How long does it take to get from Stead to downtown Reno?
From Stead's main spine on US-395 north, downtown Reno is about 20 minutes in typical traffic. Reno-Tahoe International Airport is roughly 22 minutes via US-395 south. Sparks and the Tahoe-Reno Industrial Center are about 30-35 minutes, putting the area's major employers within a straightforward commute.
What is the average days on market in Stead?
Stead homes typically sell in about 49 days from list to accepted offer per NNRMLS data for ZIP 89506, which reflects the broader North Valleys pace for attainable-price product. Well-priced entry and move-up homes in the $430K-$540K band can go pending within three to five weeks; larger or higher-priced homes may take six to eight weeks as the buyer pool narrows.
What amenities does Stead offer residents?
Stead's everyday amenities center on the US-395 and Lear Boulevard corridor -- grocery, hardware, fast food, and fuel within a 10-12 minute drive. Neighborhood parks serve the residential core. The Reno-Stead Airport hosts the National Championship Air Races, giving the community a unique aviation heritage event each September. Downtown Reno's restaurants, casino-hotel entertainment, and cultural venues are 20 minutes south.
Are there new construction homes available in Stead?
Yes -- Stead has seen ongoing new-production development with multiple builders active in North Valleys subdivisions. Newer single-family homes in the $430K-$580K range are available periodically; call Nevada Real Estate Group at (775) 277-2120 to find out which phases are currently selling and whether builder incentives like rate buydowns are on offer.
What are property taxes like in Stead?
Property taxes in Stead follow Washoe County's effective rate of roughly 0.5-0.7% of assessed value. Nevada caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471. On a $470K Stead home, the annual tax bill typically runs $2,400-$3,360 depending on assessed value -- paired with Nevada's zero state income tax, the total carrying cost is well below California equivalents.
Is Stead a good community for families?
Yes -- Stead's newer production subdivisions, neighborhood parks, and attainable price points draw families who want modern construction and space without paying Somersett or Damonte Ranch prices. The Washoe County School District serves the area. The open North Valleys setting and proximity to US-395 provide an easy daily rhythm for two-income households.
How does Stead compare to Lemmon Valley or Golden Valley?
All three are North Valleys communities in ZIP 89506 with value pricing and US-395 access. Stead tends to have the most active new-construction pipeline and the highest concentration of logistics and industrial employment nearby via the Reno-Stead Airport corridor. Lemmon Valley sits slightly west and is slightly more established; Golden Valley is south of Stead with a mix of established homes and newer builds. Prices overlap significantly across all three.
What are crime rates like in Stead?
Stead's crime profile is consistent with the broader North Valleys -- generally lower-incident than central Reno districts, with property crime the primary concern per City of Reno Police and FBI Uniform Crime Reporting data. Standard suburban precautions -- secured garage, porch lighting, and community watch participation -- cover most of the risk for residents.
What types of homes are available in Stead?
Stead offers a mix of older mid-century ranch homes from the $400Ks, newer production single-family builds from the $430K-$560K range, and occasional larger updated homes above $580K. Most homes are detached single-family on modest lots. Attached product and condos are rare; buyers seeking townhomes typically look south toward Sky Vista or Reno proper.
What should I know before buying in Stead?
Confirm HOA status early -- some streets are HOA-free while adjacent phases carry dues. Verify school zone assignments by exact address, since zone lines cross multiple times inside ZIP 89506. The North Valleys wind corridor can be stronger than south Reno -- something to factor into insurance. Get pre-approved before touring in this price band; entry-level inventory moves quickly at 43 median days on market.
What is the minimum down payment to buy in Stead?
Most Stead buyers use 3%-10% down. Conventional loans start at 3% for qualified first-time buyers (620+ credit); FHA allows 3.5% with 580+ credit. At a $470K median, 3.5% down is $16,800 and 10% is $48,000. All Stead homes are well below the $766K jumbo threshold, so standard conforming financing applies across the board -- a significant advantage over higher-priced Reno submarkets.
Is Stead better for buyers than Lemmon Valley or Sky Vista?
It depends on priorities. Stead has the strongest new-construction pipeline of the three and the most direct employment access via the Reno-Stead Airport corridor and US-395 north. Lemmon Valley is more rural with larger lots and slightly lower prices in some pockets. Sky Vista is south of Stead with newer builds and slightly higher prices. Tour all three if budget and commute are close; they sit within 15 minutes of each other.
How long does it take to close on a Stead home?
Most Stead purchases close in 30-45 days. Cash offers can close in 7-14 days. Financed purchases on production resales run 30-45 days from accepted offer. New-construction spec homes close in 30-60 days; build-to-order contracts range from 60-90 days for faster builders to 6-9 months depending on backlog. FHA and VA loans occasionally extend timelines by 5-7 days for inspection and appraisal processing.
Updated September 2026
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PEOPLE ALSO ASK
What Else Do People Ask About Stead?
Beyond the FAQ above, these are the queries Stead buyers actually type into Google and AI assistants -- answered with specifics you can verify: prices from the Reno/Sparks Association of REALTORS, school ratings from GreatSchools, HOA status from community records, and tax data from the Washoe County Assessor.
Is Stead a good area?
Yes, for buyers who prioritize value and commute access. Stead delivers the best price-per-square-foot for newer construction in the Reno metro, a direct US-395 commute to downtown and the Tahoe-Reno Industrial Center, and many no-HOA lots -- at prices well below the city median and with no jumbo financing required.
Does Stead have good schools?
WCSD public schools in the North Valleys corridor rate 6-7/10 on GreatSchools -- solid for the price point, but below the 8-9/10 zones in Somersett or south Reno. Families prioritizing a 9/10 school zone may prefer Somersett or Damonte Ranch. Confirm your assigned elementary, middle, and high school by exact street address before buying.
What is the Reno-Stead Airport?
Reno-Stead Airport (RTS) is a general aviation and cargo airport on the western edge of the Stead community. It is historically famous as the home of the National Championship Air Races, held each September -- one of the most distinctive aviation heritage events in the American West. The airport industrial zone provides logistics and light-manufacturing employment adjacent to the residential community.
Are there new homes being built in Stead?
Yes -- Stead and the broader North Valleys corridor continue to see active new-construction development from KB Home, LGI Homes, Lennar, and D.R. Horton in the $430K-$580K range. New phases sell quickly in this price band; call Nevada Real Estate Group at (775) 277-2120 to find out which releases are current and whether builder incentives are available.
How much does it cost to live in Stead per month?
A $470K purchase with 10% down at 7% runs roughly $3,439/month all-in -- principal, interest, 0.6% property tax, homeowners insurance, and PMI. Many streets carry no HOA, keeping costs leaner than master-planned communities. That compares to about $1,900/month to rent a comparable single-family home in the corridor. Nevada's zero state income tax offsets much of the ownership premium for California relocators.
What ZIP code is Stead in?
Stead is in ZIP code 89506, which covers the North Valleys corridor including Stead, Lemmon Valley, and adjacent North Reno neighborhoods. The median list price in 89506 is about $469,975 per Northern Nevada Regional MLS data, with roughly 188 active listings as of September 2026.
Is Stead safe?
Stead's crime profile is consistent with the broader North Valleys -- generally lower-incident than central Reno districts. Property crime is the primary concern per City of Reno Police and FBI Uniform Crime Reporting data. Standard suburban precautions -- secured garage, porch lighting, and community watch participation -- cover most of the risk.
How close is Stead to Lake Tahoe?
About 62 minutes by car. Incline Village on Tahoe's north shore is roughly 62 minutes via US-395 south and NV-431 over Mount Rose Summit. Mt. Rose Ski Tahoe is closer at about 55 minutes -- a reasonable weekend-trip distance from Stead's North Reno location.
WHY NEVADA REAL ESTATE GROUP
Why Is Nevada Real Estate Group the #1 Real Estate Team in Nevada?
Direct relationships with North Valleys builders including KB Home, LGI Homes, and Lennar, 150+ licensed agents statewide, and 9,061+ verified five-star reviews. With 9,600+ closed transactions and $4.85B+ in total volume since 2011, Nevada Real Estate Group ranks #1 in Nevada -- and that reach covers every price tier from Stead first-time buyers to Somersett custom estates.
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Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
Which Communities Are Near Stead?
Compare Stead with neighboring North Reno communities and nearby Northern Nevada options. Each card pairs the commute time to Stead with the community's price positioning, so you can judge whether moving to an adjacent area actually buys you more home for the money.
More Reno communities
- Steamboat
- Sunset Bluffs
- Talus Valley
- The Meadows
- The Montage
- The Vistas
- Verdi
- The Village at Idlewild Park
- The Villas at Lakeridge
- The Vue at Somersett
- Washoe Valley
- West University
Shopping the whole city? Browse all Reno homes for sale — live MLS listings updated daily.
A-Z INDEX
Which Reno Neighborhoods Can You Explore A-Z?
21 neighborhoods and communities within and around Reno -- from ArrowCreek and Caughlin Ranch in the west foothills to Stead and Lemmon Valley in the North Valleys. Every linked entry opens a dedicated page with current NNRMLS listings, price ranges starting as low as $440K, and community details.
KEEP LEARNING
What Else Should You Read About Stead and North Reno?
These guides extend the research most Stead buyers do next -- comparing neighboring North Valleys communities, understanding Reno's tax advantage, and exploring the full Reno market -- each written from the same NNRMLS data and primary sources used throughout this page.
GUIDE
Lemmon Valley Community Guide
Stead's neighboring North Valleys community -- slightly more rural setting, larger lots in some areas, and similar attainable pricing.
Read →GUIDE
Somersett Community Guide
Northwest Reno's premier master-planned community -- golf, clubhouse, private trails, and homes from $500K to $1.2M+ for buyers ready to move up.
Read →MARKET REPORT
Reno Market Hub
Truckee Meadows market data, neighborhood comparisons, and every Reno community page in one place.
Read →RELOCATION GUIDE
Reno Relocation Guide 2026
The Northern Nevada move playbook — taxes, cost of living, and neighborhoods.
Read →LIVING GUIDE
Is Reno a Good Place to Live? 2026
Jobs, cost, weather, and lifestyle for anyone weighing a move to Reno.
Read →Sources & Methodology
Where Does This Stead Data Come From?
Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. The organizations below -- from the U.S. Census Bureau to the Reno/Sparks Association of REALTORS -- supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
- Reno/Sparks Association of REALTORS (RSAR) — Median sold price, days on market, list-to-sold ratio, monthly MLS statistics for ZIP 89506. rsar.realtor
- Northern Nevada Regional MLS (NNRMLS) — Active listings, inventory counts, price-per-square-foot, and community-level data. nnrmls.com
- U.S. Census Bureau — Population, demographics, household income, age distribution, and education attainment (ACS) for ZIP 89506. data.census.gov
- Nevada State Demographer — City and county population estimates and growth projections for the Reno-Sparks MSA. census.gov
- U.S. Bureau of Labor Statistics — Reno-Sparks MSA unemployment rate, employment by sector, and wage data. bls.gov/reno-sparks
- Washoe County Assessor — Property tax rates, assessed values, and parcel data for the Stead and North Valleys corridor. washoecounty.gov/assessor
- Washoe County School District — School assignments, enrollment, and district performance data for Stead (ZIP 89506). washoeschools.net
- GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for schools near Stead. greatschools.org
- Nevada Report Card — Official Nevada DOE school performance data cross-referenced with GreatSchools ratings. nevadareportcard.nv.gov
- FBI Uniform Crime Reporting (UCR) — Violent and property crime rates for the Reno metro, used in the safety section. fbi.gov/ucr
- Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator and buy-vs-rent model. freddiemac.com/pmms
- Nevada Revised Statutes — Property tax cap (NRS 361.471) and Nevada residency / DMV deadlines cited in relocation guide. leg.state.nv.us/nrs
Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).
Updated: September 2026 · Next update: September 15