Zip 89511 (Reno, NV) Housing

Housing in 89511 Reno, NV is significantly more expensive than the national housing median value of $338,100. The median housing value within 89511 is currently $920,300 and saw a 5.88% appreciation rate over the past year. This points to the increasing cost of living in Reno, which is growing rapidly due to its desirability as a place to live and work. Despite this high cost of living, Reno's economy and job market remain strong and attract people from all walks of life.

The median home cost in Reno (zip 89511) is $920,300. Home appreciation the last 10 years has been 223.8%. Home Appreciation in Reno (zip 89511) is up 11.7%.

Average Age of Homes

- The median age of Reno (zip 89511) real estate is 23 years old

The Rental Market in Reno (zip 89511)

- Renters make up 27.4% of the Reno (zip 89511) population
- 1.4% of houses and apartments in Reno (zip 89511), 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
	12,601.0	139,647,020.0
	26	42
	$920,300	$338,100
	11.7%	16.6%
	67.0%	57.0%
	223.8%	101.1%
	$5.53	$10.98
	$3,988	$2,690
	65.4%	57.4%
	5.9%	11.2%
	28.6%	31.4%
Vacant Housing
	1.4%	1.9%
	0.2%	0.4%
	0.6%	0.7%
	0.2%	0.4%
	0.8%	3.6%
	2.7%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.7%	2.4%
	0.8%	2.8%
	0.2%	3.9%
	0.2%	4.5%
	2.3%	11.3%
	1.3%	13.0%
	5.1%	20.1%
	8.5%	13.6%
	8.2%	8.3%
	25.3%	9.7%
	19.3%	3.9%
	14.7%	2.2%
	6.9%	0.8%
	6.1%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	22.3%	13.6%
	22.3%	13.6%
	24.0%	13.6%
	18.2%	13.2%
	12.9%	14.8%
	24.0%	13.6%
	0.4%	10.0%
	1.1%	4.7%
	0.1%	12.2%

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