Market Update
Reno/Carson Valley
Q2 2026
Residential Property Snapshot
Single Family Homes | Q2 2026
Med. Sales Price
$660k
5% more than in
Q2 2025
Q2 2025
Avg. Days On Market
66
6% fewer than in
Q2 2025
Q2 2025
Closed Sales
740
20% more than in
Q2 2025
Q2 2025
Inventory
418
18% fewer than in
Q2 2025
Q2 2025
Sales Price vs. Closed Sales
Single Family Homes
| Median Close Price | Avg Close Price | Sold Total | |
|---|---|---|---|
| Q2 '22 | $620k | $692k | 746 |
| Q2 '23 | $575k | $684k | 636 |
| Q2 '24 | $615k | $713k | 617 |
| Q2 '25 | $630k | $731k | 615 |
| Q2 '26 | $660k | $743k | 740 |
Closed
New
Inventory
Closed Sales by Price
Single Family Homes
| Closed Under $500k | 17.4% |
|---|---|
| Q2 '26 | 129 |
| Q2 '25 | 167 |
| 1YR CHANGE | -23% |
| Closed $500k - $1m | 67.7% |
| Q2 '26 | 501 |
| Q2 '25 | 359 |
| 1YR CHANGE | +40% |
| Closed $1m - $2m | 14.1% |
| Q2 '26 | 104 |
| Q2 '25 | 82 |
| 1YR CHANGE | +27% |
| Closed Over $2m | 0.8% |
| Q2 '26 | 6 |
| Q2 '25 | 7 |
| 1YR CHANGE | -14% |
Median Sales Price vs. Average Days on Market
Single Family Homes
| Avg Days On Market | Median Close Price | |
|---|---|---|
| Q2 '22 | 67 | $620k |
| Q2 '23 | 77 | $575k |
| Q2 '24 | 68 | $615k |
| Q2 '25 | 70 | $630k |
| Q2 '26 | 66 | $660k |
By Year
By Price
Market Data by Year
Single Family Homes
| Q2 2026
Rotate your device to view as table
'25 - '26
Inventory
Inventory represents the number of active properties on the market at the end of the quarter
-18%
New Listings
New Listings represents the number of properties listed during the quarter.
13%
Months Supply of Inventory
Months' supply of inventory refers to the number of months it would take for the current inventory of homes on the market to sell given the current sales pace.
-32%
Closed Sales
20%
Average Days On Market
Average Days on Market represents the number of days that a property has been listed until a seller has accepted an offer and signed a contract.
-6%
Arrowcreek
Median
$1.7m
DOM
83
Sales
23
Inv
15
Carson City/Carson Valley
Median
$550k
DOM
71
Sales
154
Inv
79
Caughlin Ranch
Median
$950k
DOM
52
Sales
33
Inv
14
Clear Creek Tahoe
Median
$6.4m
DOM
597
Sales
3
Inv
15
Dayton
Median
$475k
DOM
86
Sales
100
Inv
51
Downtown Reno
Median
n/a
DOM
0
Sales
0
Inv
25
Fernley
Median
$422k
DOM
66
Sales
114
Inv
56
Galena Forest
Median
$1.59m
DOM
107
Sales
7
Inv
5
Genoa
Median
$1.6m
DOM
93
Sales
9
Inv
16
Hidden Valley
Median
$865k
DOM
76
Sales
13
Inv
8
Kiley Ranch
Median
$560k
DOM
59
Sales
13
Inv
8
Lakeridge
Median
$828k
DOM
68
Sales
20
Inv
14
Midtown
Median
$654k
DOM
46
Sales
4
Inv
3
Montreux
Median
$2.95m
DOM
167
Sales
13
Inv
13
North Valleys
Median
$473k
DOM
53
Sales
14
Inv
6
Nothwest Reno
Median
$708k
DOM
62
Sales
121
Inv
72
Old South Suburban Reno
Median
$880k
DOM
85
Sales
18
Inv
18
Old Southwest Reno
Median
$823k
DOM
59
Sales
16
Inv
11
Pleasant Valley
Median
$955k
DOM
66
Sales
6
Inv
4
Reno
Median
$660k
DOM
66
Sales
740
Inv
418
Saddlehorn
Median
$1.88m
DOM
58
Sales
7
Inv
4
Somersett
Median
$825k
DOM
72
Sales
55
Inv
49
South Meadows
Median
$515k
DOM
31
Sales
3
Inv
1
South Reno
Median
$1.5m
DOM
91
Sales
57
Inv
34
Southwest
Median
$790k
DOM
65
Sales
142
Inv
69
Spanish Springs
Median
$681k
DOM
82
Sales
88
Inv
65
Sparks
Median
$553k
DOM
63
Sales
340
Inv
202
St James Village
Median
$2.54m
DOM
60
Sales
6
Inv
7
Verdi
Median
$1.47m
DOM
138
Sales
3
Inv
4
Virginia Highlands
Median
$640k
DOM
80
Sales
8
Inv
9
Washoe Valley
Median
n/a
DOM
0
Sales
0
Inv
1
Wingfield Springs
Median
$623k
DOM
69
Sales
84
Inv
80