89506 Real Estate Market

89506 Market

The median sale price for homes in 89506 over the last 12 months is $106,100.


The median mortgage debt is $148,310.

Additional Statistics for Single Family Homes and Condos in Reno, NV
$160,810
Median Listing Price
39
Median Days on Market
74
Active Listings
20.3%
Distressed Listings
(foreclosures and short sales)
89506 (Reno, NV) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Reno is $162,500. The list prices increased by 25% 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 $128,250. The sale prices increased by 11.52% from the previous month.

The price per square foot for sales in this area is $71.

Chart Temporarily Unavailable
89506 (Reno, NV) Market Inventory Trends

The number of active listings in Reno dropped by 62.7% from the previous month.

The median number of days active properties have been listed is 41. This is significantly shorter than the national average.

The number of sales in March dropped by 82.1% from the previous month.

Chart Temporarily Unavailable
89506 (Reno, NV) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

Chart Temporarily Unavailable

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