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Reno, NV 89502 Real Estate & Property Data

Reno, NV 89502 Real Estate Market Trends

Last Updated: April 29, 2024

A total of 444 residential properties have been sold over the past 12 months in 89502. With a median sales price of $485,500 in 89502 and a total of 2 foreclosures in Reno, NV 89502. Discover market trends and get the granular level real estate data for Reno, NV 89502 to keep your pulse on the housing market. Curate compelling home reports for Reno, NV 89502 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Reno, NV 89502 Real Estate Market Trends

Get property data for any address in Reno, NV 89502 or the country:

Total Residential Properties 9,367

Total Commercial Properties 1,991

Avg. Home Age (Single Family Home) 50 Years

Avg. Square Feet (Single Family Home) 1,609

Total 2024 Residential Sales (year-to-date) 46

% of Homes Seriously Underwater (Q2 2024) 0.84%

Total 2023 Residential Sales 426

% of Equity Rich Homes (Q2 2024) 42.02%

Effective 2023 Property Tax 0.35%

Total Foreclosure Filings (year-to-date) 3

Reno, NV 89502 Real Estate Overview

There were 444 residential properties sold in the past year in Reno, NV 89502. The median home value in Reno, NV 89502 is $412,859. There are a total of 9,367 residential properties in the 89502.

Median Sales Price i

$485,500

(Feb 2024)

+20.6%

year-over-year

y-o-y

February '24 Feb '24 $485,500
January '24 Jan '24 $556,500
December '23 Dec '23 $427,500
November '23 Nov '23 $485,000
October '23 Oct '23 $504,500
September '23 Sep '23 $435,000
August '23 Aug '23 $462,500
July '23 Jul '23 $482,500
June '23 Jun '23 $425,000
May '23 May '23 $426,000
April '23 Apr '23 $495,000
March '23 Mar '23 $437,450

Median Down Payment i

$60,000

(Feb 2024)

-20%

year-over-year

y-o-y

February '24 Feb '24 $60,000
January '24 Jan '24 $102,000
December '23 Dec '23 $99,000
November '23 Nov '23 $101,500
October '23 Oct '23 $150,000
September '23 Sep '23 $38,500
August '23 Aug '23 $21,462
July '23 Jul '23 $85,000
June '23 Jun '23 $88,800
May '23 May '23 $70,000
April '23 Apr '23 $68,000
March '23 Mar '23 $19,750

Number of Homes Sold i

25

(Feb 2024)

+8.7%

year-over-year

y-o-y

February '24 Feb '24 25
January '24 Jan '24 21
December '23 Dec '23 36
November '23 Nov '23 47
October '23 Oct '23 28
September '23 Sep '23 39
August '23 Aug '23 41
July '23 Jul '23 44
June '23 Jun '23 42
May '23 May '23 36
April '23 Apr '23 32
March '23 Mar '23 30

Number of Purchase Loans i

40

(Feb 2024)

+122.2%

year-over-year

y-o-y

February '24 Feb '24 40
January '24 Jan '24 15
December '23 Dec '23 28
November '23 Nov '23 36
October '23 Oct '23 21
September '23 Sep '23 30
August '23 Aug '23 26
July '23 Jul '23 21
June '23 Jun '23 26
May '23 May '23 27
April '23 Apr '23 24
March '23 Mar '23 26

Number of REFI Loans i

12

(Feb 2024)

February '24 Feb '24 12
January '24 Jan '24 4
December '23 Dec '23 12
November '23 Nov '23 10
October '23 Oct '23 13
September '23 Sep '23 10
August '23 Aug '23 5
July '23 Jul '23 6
June '23 Jun '23 6
May '23 May '23 8
April '23 Apr '23 6
March '23 Mar '23 5

Number of HELOC Loans i

3

(Feb 2024)

+50%

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 6
December '23 Dec '23 4
November '23 Nov '23 5
October '23 Oct '23 7
September '23 Sep '23 2
August '23 Aug '23 6
July '23 Jul '23 6
June '23 Jun '23 9
May '23 May '23 6
April '23 Apr '23 7
March '23 Mar '23 6

Reno, NV 89502 Real Estate Market Overview

Last 30 days

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Reno, NV 89502 Foreclosure Activity

There were a total of 2 Reno, NV 89502 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 3
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 3

Foreclosure Starts i

2

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 1
December '23 Dec '23 1
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 2
July '23 Jul '23 1
June '23 Jun '23 2
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 3

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 N/A
April '23 Apr '23 N/A
March '23 Mar '23 1

Nearby Zip Codes

1. 89501
2. 89503
3. 89506
4. 89508
5. 89509
6. 89510

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