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Area data

Reno, NV — ZIP 89501

Population: 3,507 (Census ACS)

Home values & appreciation

Median home value
$420,873
1-year appreciation
-4.6%
3-year appreciation
-7.1%
5-year appreciation
-6.1%
10-year appreciation
+53.3%
All-time peak (2022-06)
$510,573
House Price Index
423.4 (+0.2% YoY)

Market activity

Median sale price
$388,000
Median list price
$320,000
Median days on market
132 days
Sale-to-list ratio
97.7%
Active listings
32
1-year forecast
-0.1%
New listings (monthly)
7

Rents

Typical rent
$1,725/mo
1-year rent change
+19.5%
1BR fair-market rent
$1,314/mo
3BR fair-market rent
$2,087/mo

Affordability

Cost of living index (Above Average)
100.5 (100 = US avg)
Electricity rate (state-level)
13.2¢/kWh
Natural gas rate (state-level)
$13.10/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
1
Elementary schools
1
Middle schools
0
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
winterWeather, earthquake, inlandFlooding, lightning, wildfire
FEMA flood zone
B
Flood risk level
Moderate

Climate (30-year normals)

Average annual temperature
55.0°F
Average high
69.0°F
Average low
41.0°F
Annual precipitation
8.4 in
Annual snowfall
19.8 in

Air quality

Air quality rating
Good
Median AQI (annual)
50
Days with Good air quality
191

Walkability & transit

Walkability index
18.5 / 20
Transit service frequency
208

Amenities

Nearest airport
Reno Tahoe International Airport (RNO) (3 mi)
Nearest major airport
Reno Tahoe International Airport (RNO) (3 mi)
Hospitals nearby (~15 mi)
6
Avg hospital rating
3.3 / 5
Solar radiation rating
Good (5.2 kWh/m²/day)

Migration

Net migration
+730 tax filers

Housing stock

Median year housing built
1,975
Median annual property tax
$1,929
Mean commute to work
21 min
Households with broadband internet
63.1%

Employment & development

Total county employment
210,917
Average weekly wage
$1,245
Top industries (by employment)
Accommodation & Food, Health Care, Construction
Annual residential building permits (county)
727

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents