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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is −5.7% YoY. inventory, −16.3% YoY, is the number to watch.
The median listing price is down 5.7% YoY while the median home got up 11.0% bigger, so value per square foot is down 8.8%.
U.S. Census ACS characteristics for ZIP 89501 itself, not its parent county.
Renters hold 77.8% of this ZIP's 2,331 occupied households, on a median household income of $34K.
| Measure | ZIP 89501 | Washoe County | Difference |
|---|---|---|---|
| Median Household Income | $34K | $88K | -$54K |
| Below Poverty Level | 35.5% | 10.7% | +24.8% |
| Median Age | 54.50 | 39.00 | +15.50 |
| Total Population | 3,507 | 497,200 | -- |
| Avg Household Size | 1.27 | 2.46 | -1.19 |
| Owner-Occupied | 22.2% | 59.9% | -37.6% |
| Worked From Home | 14.7% | 12.6% | +2.1% |
| Mean Commute | 24.50 | 22.50 | +2.00 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 1.1% to 497,200: residents under 18 are down 0.3% and those 65 and over are up 3.4%.
County median household income is $88K, 10.7% of residents are below the poverty level, 12.6% work from home.