Zip 89506 (Reno, NV) Housing

Housing in 89506 Reno, NV is valued at $401,100, which is significantly higher than the national median of $338,100. The appreciation on housing in the area has been 5.88%, slightly lower than the national average of 8.27%. Overall, housing in 89506 Reno, NV has appreciated at a slower rate than the US average and is quite expensive relative to other areas of the country.

The median home cost in Reno (zip 89506) is $401,100. Home appreciation the last 10 years has been 223.8%. Home Appreciation in Reno (zip 89506) is up 11.7%.

Average Age of Homes

- The median age of Reno (zip 89506) real estate is 24 years old

The Rental Market in Reno (zip 89506)

- Renters make up 27.3% of the Reno (zip 89506) population
- 1.8% of houses and apartments in Reno (zip 89506), 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
	15,918.0	139,647,020.0
	25	42
	$401,100	$338,100
	11.7%	16.6%
	67.0%	57.0%
	223.8%	101.1%
	$4.52	$10.98
	$1,395	$2,690
	64.3%	57.4%
	4.2%	11.2%
	31.6%	31.4%
Vacant Housing
	1.8%	1.9%
	0.0%	0.4%
	0.1%	0.7%
	0.9%	0.4%
	0.1%	3.6%
	1.3%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	1.2%	2.4%
	1.0%	2.8%
	1.4%	3.9%
	0.5%	4.5%
	2.4%	11.3%
	7.8%	13.0%
	31.0%	20.1%
	33.9%	13.6%
	12.1%	8.3%
	5.9%	9.7%
	0.4%	3.9%
	0.1%	2.2%
	0.1%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	3.1%	0.2%
	29.8%	13.6%
	29.8%	13.6%
	18.2%	13.6%
	8.7%	13.2%
	21.2%	14.8%
	18.2%	13.6%
	3.1%	10.0%
	0.7%	4.7%
	0.5%	12.2%

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