Northern Nevada Real Estate Market
Stay informed with the latest market data, trends, and analysis for Reno, Sparks, and the greater Northern Nevada region.
May 2026
Market Snapshot
Greater Reno-Sparks Metropolitan Area
$573,000
Median Home Price
+4.1% YoY
24
Avg Days on Market
-6 days YoY
1,380
Active Inventory
+11% YoY
495
Homes Sold (30d)
+2.3% MoM
Trends
12-Month Market Trends
Median Sale Price
↑ +4.6% (12 mo)$548K
$552K
$545K
$539K
$541K
$537K
$535K
$544K
$550K
$559K
$566K
$573K
Reno-Sparks metro median sale price (June 2025 – May 2026)
Active Inventory
↑ +11% (12 mo)Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Active listings — Reno-Sparks metro (June 2025 – May 2026)
By Area
Neighborhood Breakdown
| Area | Median Price | Days on Market | Active Listings | Trend |
|---|---|---|---|---|
| Reno | $525,000 | 25 | 412 | ↑ |
| Sparks | $475,000 | 22 | 189 | ↑ |
| South Reno | $725,000 | 34 | 98 | → |
| NW Reno | $550,000 | 27 | 145 | ↑ |
| Carson City | $450,000 | 30 | 167 | → |
| Incline Village | $1,250,000 | 52 | 78 | ↑ |
| Minden/Gardnerville | $525,000 | 35 | 89 | → |
| Fernley | $385,000 | 18 | 69 | ↑ |
Data reflects May 2026 MLS activity. Contact us for real-time figures.
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