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Preforeclosure Homes in Reno, NV 89512

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Reno, NV Foreclosures

Current Market Conditions in in Reno, NV As of February 2026?
Over the past month, Reno's housing market has shown a slight increase in median home prices, reflecting the consistent demand for property in the area. Inventory remains low, leading to a competitive market, particularly for single-family homes. The rental market has remained steady, with prices holding firm as demand continues to outpace supply.
How much do homes sell for in Reno, NV?
The average home price is currently $736,974.
In Reno, NV, how many homes are available?
There are currently 5 active home listings available in Reno.
What’s the average rental cost in Reno, NV?
The average rental price in Reno is $1,781.
What is the most expensive home in Reno?
The most expensive home sold in Reno had a price of $133,609,556.
What is currently the cheapest priced home in Reno, NV?
The cheapest home for sale in Reno is priced at $11,393.

Living in Reno, NV

Reno, NV, is a bustling city known for its outdoor activities and entertainment, offering a perfect blend of urban living and natural beauty. With a variety of amenities and educational institutions, it is an ideal place for families and young professionals alike. Its proximity to the Sierra Nevada mountains makes it perfect for adventure lovers, while also providing a rich cultural experience downtown.

Buyer vs Seller Market in Reno, NV

Reno's real estate market has experienced a surge in demand recently, driven by its attractive lifestyle and affordability compared to neighboring states like California. Home prices have been steadily increasing, but the market remains competitive with a variety of options for buyers and renters alike.

The rental market is particularly strong, with a rising number of investors looking to capitalize on Reno's growing population. This trend is expected to continue as more people move to the area for its quality of life and job opportunities.

Home Value Estimator For Reno, NV

There are currently 108,744 real estate properties in Reno, NV, with a median automated valuation model (AVM) price of $544,066.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Reno, NV, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Reno, NV, is $736,974.00, with the most expensive house in Reno, NV, topping out at $133,609,556.00 and the cheapest home in Reno, NV, clocking in at $11,393.00. In other words, there’s something for every potential homebuyer or savvy investor in Reno, NV!

Rent Prices In Reno, NV

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Reno, NV, is on a rollercoaster ride. The average rent price in Reno, NV, is $1,781.00. Indeed, when looking to rent in Reno, NV, you can expect to pay as little as $540.00 or as much as $5,480.00, with the average rent median estimated to be $1,700.00. The good news is that finding an affordable and desirable property to rent in Reno, NV -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Reno, NV 89512 Preforeclosure Homes


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