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ZIP 89503 in Reno, NV: housing market trends

The median home sale price in ZIP 89503 in Reno, NV was $472,356 for the three-month period ending September 2026. Sale prices were 1.6% lower than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$472,356
three-month period ending September 2026
Median sale price per sq ft
$296.98
three-month period ending September 2026
Active listings
155
three-month period ending September 2026
Typical monthly rent
$1,865
Rent index · August 2026

How is housing inventory changing?

There were 155 active listings for the three-month period ending September 2026. Active listings were 15.3% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 42 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 89503 in Reno, NV
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$472,356$296.9884
Single-familySeptember 2026$529,866$330.4846
TownhousesSeptember 2026$375,001$293.0220
Condos / co-opsSeptember 2026$263,742$245.9416
Multifamily (2–4 units)September 2026$706,800$325.372 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 89503 in Reno, NV
MarketMedian sale priceReporting period / source
Reno, NV$565,500Month ending July 2026 · Zillow
Sun Valley, NV$439,7913 months ending September 2026 · Redfin
Sparks, NV$530,000Month ending July 2026 · Zillow
Verdi, NV$976,5353 months ending September 2026 · Redfin
Virginia City, NV$709,6623 months ending September 2026 · Redfin
Incline Village, NV$1,398,8343 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 89503 in Reno, NV
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$472,356$296.98155
August 2026$480,000$297.41155
July 2026$490,000$299.20173
June 2026$512,500$308.39185
May 2026$497,000$308.22181
April 2026$497,000$307.90172
March 2026$488,500$313.55160
February 2026$479,000$322.51146
January 2026$475,000$310.73158
December 2025$473,500$298.52162
November 2025$480,000$301.06184
October 2025$480,000$322.86192
September 2025$480,000$327.38183
August 2025$475,000$328.27182
July 2025$462,000$319.02180
June 2025$459,000$303.03181
May 2025$450,000$296.23174
April 2025$450,000$294.99163
March 2025$446,450$323.85159
February 2025$439,500$320.64153
January 2025$439,000$322.92143
December 2024$455,000$315.21143
November 2024$455,000$310.34161
October 2024$457,500$303.69167

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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