Reno, NV 89507 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Reno, NV — 89507
Median Listing Price
$300K
Population
--
Households
199,296
Median Days on Market
75
Active Listings
0
New Listings
0
Housing Market
Pricing
Median Listing Price
$300K
-- YoY
Average Listing Price
$300K
-- YoY
Price per Sq Ft
$208
-- YoY
Median Sq Ft
1,440
-- YoY
Inventory
Active Listings
0
-- YoY
New Listings
0
-- YoY
Total Listings
1
-- YoY
Buyer Competition
Pending Listings
1
-- YoY
Pending Ratio
--
-- YoY
Median Days on Market
75
-- YoY
Price Reduced
0.0%
-- YoY
Units & Occupancy
2024 Occupancy
218K
units
Occupied
199,296
91.4%
Vacant
18,869
8.6%
2024 Tenure
199K
occupied
Owner
119,312
59.9%
Renter
79,984
40.1%
Renter Share
40.1%
-1.0% YoY
Total Housing Units
218,165
+2.2% YoY
FY2026 Fair Market Rent — Washoe County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$1,289
/month
1 BR
$1,489
/month
2 BR
$1,870
/month
3 BR
$2,539
/month
4 BR
$2,949
/month
FMR Trends — Washoe County
Source: HUD Fair Market Rents
County Demographics
Median Age
39.0
2024
Population
Washoe County Population
507,280
+1.4% YoY
Households
Total Households
199,296
+1.8% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.46
-0.8% YoY
Age
2024 Age Mix
497K
residents
Under 18
102,934
20.7%
Adults 18–64
306,256
61.6%
65 & Over
88,010
17.7%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
102,934
-0.3% YoY
Population 65 & Over
88,010
+3.4% YoY
Median Age
39.00
+0.3% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
85.0%
Moved (within US)
14.5%
Other
0.5%
Veterans
7.5%
-3.8% YoY
County Economy
Income
Median Household Income
$88K
+2.9% YoY
Per-Capita Income
$49K
+4.3% YoY
Mean Household Income
$121K
+3.6% YoY
Poverty
Below Poverty Level
10.7%
0.0% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
68.7%
Public transit
1.9%
Worked from home
12.6%
Other
16.8%
Worked From Home
12.6%
+12.5% YoY
Mean Commute
22.50
+0.4% YoY
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