Reno—16343
Real Estate Data & Market Trends
Key Metrics at a Glance
Other Zip Codes in Reno
Home Price Trends — Reno
As of Oct '25, the median home price in Reno is $100,000, with a year-over-year change of 4.1%. This indicates that home prices in Reno are increasing. According to Zillow, the 1-year price projection is -0.2%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $100,000 | 4.1% |
| Single Family | $100,000 | 1.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $103,000 | 0.0% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Reno
Reno lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Reno
As of Oct '25, Realtor.com reports that the median days on market for a home in Reno is 7. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $190,000 | 10.0% |
Listing Count | 2 | -17.0% |
| Listings as % of Homes | 1.5% | -17.0% |
Days on Market | 7 | 10.0% |
Demographics — Reno
As of the latest ACS Survey released in 2023, Reno has a population of 616, which has increased by 36.6% over the past 5 years. Reno is a popular place for families, as children make up 32.1% of the population. The area has a moderately educated workforce, with 35.7% of adult residents holding a bachelor’s degree or higher. There are many residents working remotely, with 45.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 616 | 36.6% |
% Under 18 | 32.1% | 126.1% |
% Seniors | 16.4% | -26.1% |
% WFH | 45.5% | ∞% |
% w/ College Degree | 35.7% | 24.4% |
As of the latest ACS Survey released in 2023, Reno is a predominantly white area, with 100.0% of the population identifying as white. The white population has grown by 5.2% in the last 5 years. The second most common race or ethnicity in Reno is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Reno, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 100.0% | 5.2% |
% Black | 0.0% | -100.0% |
% Hispanic | 0.0% | N/A |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — Reno
Reno lacks sufficient mortgage origination data for analysis.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | N/A |
% Conventional Loans | N/A |
% Government Loans | N/A |
% Investor Loans | N/A |
% Second Loans | N/A |
% Cash Out Refinance | N/A |
Loan Activity
No data available
Rentals and Section 8 — Reno
Reno lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 2 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $700 |
| 2 Bedroom | N/A | N/A | $920 |
| 3 Bedroom | N/A | N/A | $1,150 |
| 4 Bedroom | N/A | N/A | $1,330 |
Affordability — Reno
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1 |
| Median Home Price | $100,000 |
| Median Household Income | $85,100 |