89503 Real Estate Market

89503 Market

The median sale price for homes in 89503 over the last 12 months is $130,000.


The median mortgage debt is $124,897.

Additional Statistics for Single Family Homes and Condos in Reno, NV
$157,740
Median Listing Price
25
Median Days on Market
42
Active Listings
23.8%
Distressed Listings
(foreclosures and short sales)
89503 (Reno, NV) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Reno is $180,000. The list prices increased by 23.28% from the previous month.

The price per square foot for listings in this area is $110.

The median sale price in March for single family homes is $131,000. The sale prices dropped by -18.12% from the previous month.

The price per square foot for sales in this area is $81.

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89503 (Reno, NV) Market Inventory Trends

The number of active listings in Reno dropped by 64.3% from the previous month.

The median number of days active properties have been listed is 19. This is significantly shorter than the national average.

The number of sales in March dropped by 85.7% from the previous month.

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89503 (Reno, NV) Property Ownership

The percent of owner occupied properties in Reno is 21.01% below the national average.

The percent of rental properties in Reno is 28.26% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.