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Auctions in Reno, NV

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Reno, NV Foreclosures

How much do homes sell for in Reno, NV?
The average home price is currently $743,783.
In Reno, NV, how many homes are available?
There are currently 489 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 $134,572,792.
What is currently the cheapest priced home in Reno, NV?
The cheapest home for sale in Reno is priced at $15,772.

Living in Reno, NV

Reno, NV is a lively city embraced by the Sierra Nevada, offering a mix of outdoor adventure and cultural experiences. Known for its casinos and entertainment, it also features excellent schools, parks, and a tight-knit community atmosphere. Enjoy a range of amenities that cater to both families and young professionals in this unique city.

Current Market Conditions in Reno, NV

The Reno real estate market remains robust, with demand steadily increasing due to a growing population and a strong economy centered around technology, tourism, and mining. Homes in the area have seen notable appreciation, making it an attractive market for both buyers and investors.

Recent trends indicate a competitive market with low inventory levels, often leading to bidding wars on desirable properties. New construction is ongoing to meet the rising demand, particularly appealing to young families and professionals moving into the area.

Home Value Estimator For Reno, NV

There are currently 105,466 real estate properties in Reno, NV, with a median automated valuation model (AVM) price of $551,984.00. 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 $743,783.00, with the most expensive house in Reno, NV, topping out at $134,572,792.00 and the cheapest home in Reno, NV, clocking in at $15,772.00. 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 Auctions


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