Zip 89512 (Reno, NV) Housing


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The housing market in 89512 Reno, NV is slightly lower than the national median value, currently sitting at $311,100 compared to the US House Median Value of $338,100. The US 1 year House Appreciation is 8.27%, however the appreciation rate in 89512 Reno, NV is 5.88%. Reno is a great place to invest in real estate due to its affordable prices and reasonable rates of appreciation. It's an attractive option for those looking to buy a home or invest in property without breaking the bank.

The median home cost in Reno (zip 89512) is $311,100. Home appreciation the last 10 years has been 223.8%. Home Appreciation in Reno (zip 89512) is up 11.7%.

Average Age of Homes
- The median age of Reno (zip 89512) real estate is 36 years old
The Rental Market in Reno (zip 89512)
- Renters make up 57.2% of the Reno (zip 89512) population
- 3.4% of houses and apartments in Reno (zip 89512), 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

  HousingReno, NevadaUnited States
  12,111.0139,647,020.0
  3942
  $311,100$338,100
  11.7%16.6%
  67.0%57.0%
  223.8%101.1%
  $5.09$10.98
  $976$2,690
  27.0%57.4%
  7.1%11.2%
  65.9%31.4%
  Vacant Housing
  3.4%1.9%
  0.7%0.4%
  0.3%0.7%
  0.6%0.4%
  1.0%3.6%
  1.2%4.1%
  Value of Owner-Occupied Housing
  5.4%2.6%
  4.2%2.4%
  7.9%2.8%
  4.5%3.9%
  1.4%4.5%
  4.6%11.3%
  6.8%13.0%
  23.9%20.1%
  19.9%13.6%
  11.8%8.3%
  7.2%9.7%
  0.4%3.9%
  1.0%2.2%
  1.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.5%0.2%
  15.7%13.6%
  15.7%13.6%
  14.6%13.6%
  16.8%13.2%
  20.4%14.8%
  14.6%13.6%
  7.8%10.0%
  5.1%4.7%
  1.5%12.2%
Commute

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