Zip 89509 (Reno, NV) Housing

The median value of housing in 89509 Reno, NV is $585,900, which is significantly higher than the US median house value of $338,100. This difference can be attributed to the 1 year house appreciation rate of 8.27% nationally and 5.88% for Reno specifically. In other words, due to increasing demand for homes in Reno, property values have been increasing faster than the national average over the past year. This makes buying a home in this area an attractive option for those looking for more expensive real estate and a good potential investment opportunity.

The median home cost in Reno (zip 89509) is $585,900. Home appreciation the last 10 years has been 223.8%. Home Appreciation in Reno (zip 89509) is up 11.7%.

Average Age of Homes

- The median age of Reno (zip 89509) real estate is 44 years old

The Rental Market in Reno (zip 89509)

- Renters make up 44.2% of the Reno (zip 89509) population
- 2.2% of houses and apartments in Reno (zip 89509), 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
	18,160.0	139,647,020.0
	46	42
	$585,900	$338,100
	11.7%	16.6%
	67.0%	57.0%
	223.8%	101.1%
	$3.90	$10.98
	$1,954	$2,690
	49.3%	57.4%
	7.3%	11.2%
	43.4%	31.4%
Vacant Housing
	2.2%	1.9%
	0.3%	0.4%
	1.4%	0.7%
	0.0%	0.4%
	0.7%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.3%	2.4%
	0.7%	2.8%
	0.6%	3.9%
	0.4%	4.5%
	1.8%	11.3%
	1.2%	13.0%
	6.4%	20.1%
	17.0%	13.6%
	20.9%	8.3%
	33.2%	9.7%
	8.3%	3.9%
	6.5%	2.2%
	1.1%	0.8%
	1.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	5.4%	13.6%
	5.4%	13.6%
	11.6%	13.6%
	16.8%	13.2%
	25.1%	14.8%
	11.6%	13.6%
	9.9%	10.0%
	6.7%	4.7%
	5.8%	12.2%

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