Zip 89501 (Reno, NV) Housing

Reno, NV 89501 has a median housing value of $372,100, which is significantly higher than the US median housing value of $338,100. Although the US has seen an appreciation rate of 8.27% in the last year, Reno's appreciation rate is slightly lower at 5.88%. This data suggests that there is a high demand for housing in Reno and could be an attractive option for anyone looking to invest their money in real estate.

The median home cost in Reno (zip 89501) is $372,100. Home appreciation the last 10 years has been 223.8%. Home Appreciation in Reno (zip 89501) is up 11.7%.

Average Age of Homes

- The median age of Reno (zip 89501) real estate is 45 years old

The Rental Market in Reno (zip 89501)

- Renters make up 67.7% of the Reno (zip 89501) population
- 2.3% of houses and apartments in Reno (zip 89501), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Reno, Nevada	United States
	2,983.0	139,647,020.0
	48	42
	$372,100	$338,100
	11.7%	16.6%
	67.0%	57.0%
	223.8%	101.1%
	$5.33	$10.98
	$1,897	$2,690
	21.2%	57.4%
	11.3%	11.2%
	67.6%	31.4%
Vacant Housing
	2.3%	1.9%
	1.9%	0.4%
	0.9%	0.7%
	0.0%	0.4%
	1.5%	3.6%
	4.6%	4.1%
Value of Owner-Occupied Housing
	9.8%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	0.0%	3.9%
	0.0%	4.5%
	0.0%	11.3%
	3.0%	13.0%
	23.9%	20.1%
	23.8%	13.6%
	22.3%	8.3%
	12.0%	9.7%
	5.1%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	2.2%	0.2%
	19.2%	13.6%
	19.2%	13.6%
	7.5%	13.6%
	12.0%	13.2%
	10.1%	14.8%
	7.5%	13.6%
	7.7%	10.0%
	4.3%	4.7%
	21.9%	12.2%

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