89521 Home Values & Market Trends
There are 67 homes currently listed for 89521. 89521 real estate market trends show that home prices range from $75,000 to $15,500,000, and the median sales price in the 89521 zip code is $638,706.67. The total number of properties sold within the past twelve months is 843. In 89521, 4 properties are in foreclosure, 0 are bank owned properties,and 2 are headed for auction.
89521 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Reno | $ 626,936 $ 333/sqft |
Housing Market Summary for 89521
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $695K | $632.7K | -8.97% |
| Median Sold Price | $664.1K | $632.7K | -4.73% |
| Homes For Sale | 61 | 54 | -11.48% |
| Homes Sold | 644 | 551 | -14.44% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 89521
Browse Homes in 89521
The median list price of a home in Reno, is $638,706.67. A total of 67 properties are for sale, and the percentage of properties for sale in the zip code is 67.00%. The total count of 89521 properties is 15,359.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in 89521 with reno containing 46 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89521; of that cities, the estimated home value for pre-foreclosure homes ranges from $1,390,516 in reno to the lowest home value of $255,643 in reno.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 89521 ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in 89521. There is 1 cities within 89521; N/A containing 0 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsreno has 30 auction properties, the highest number of properties going to auction in a single city in the state of 89521. Auction homes and other auction properties account for 0.01% of all properties in 89521. There is 1 cities within 89521; of that cities, the median estimated home value for homes going to auction ranges from $1,756,336 in reno to the lowest value of $326,627 in reno.
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Guide for 89521
The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.
Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.
Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.
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