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Reno, NV 89503 Real Estate & Property Data

Reno, NV 89503 Real Estate Market Trends

Last Updated: April 22, 2025

A total of 535 residential properties have been sold over the past 12 months in 89503. With a median sales price of $480,000 in 89503 and a total of 2 foreclosures in Reno, NV 89503. Discover market trends and get the granular level real estate data for Reno, NV 89503 to keep your pulse on the housing market. Curate compelling home reports for Reno, NV 89503 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Reno, NV 89503 Real Estate Market Trends

Get property data for any address in Reno, NV 89503 or the country:

Total Residential Properties 8,782

Total Commercial Properties 424

Avg. Home Age (Single Family Home) 56 Years

Avg. Square Feet (Single Family Home) 1,518

Total 2025 Residential Sales (year-to-date) 75

% of Homes Seriously Underwater (Q2 2025) 0.6%

Total 2024 Residential Sales 495

% of Equity Rich Homes (Q2 2025) 41.11%

Effective 2024 Property Tax 0.34%

Total Foreclosure Filings (year-to-date) 7

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Reno, NV 89503 Real Estate Overview

There were 535 residential properties sold in the past year in Reno, NV 89503. The median home value in Reno, NV 89503 is $468,000. There are a total of 8,782 residential properties in the 89503.

Median Sales Price i

$480,000

(Feb 2025)

-0.4%

year-over-year

y-o-y

February '25 Feb '25 $480,000
January '25 Jan '25 $460,750
December '24 Dec '24 $494,950
November '24 Nov '24 $460,000
October '24 Oct '24 $463,399
September '24 Sep '24 $437,700
August '24 Aug '24 $499,500
July '24 Jul '24 $530,375
June '24 Jun '24 $525,000
May '24 May '24 $545,492
April '24 Apr '24 $496,500
March '24 Mar '24 $454,995

Median Down Payment i

$95,307

(Feb 2025)

-1.7%

year-over-year

y-o-y

February '25 Feb '25 $95,307
January '25 Jan '25 $79,400
December '24 Dec '24 $46,250
November '24 Nov '24 $79,800
October '24 Oct '24 $69,500
September '24 Sep '24 $95,000
August '24 Aug '24 $110,000
July '24 Jul '24 $77,400
June '24 Jun '24 $105,000
May '24 May '24 $96,250
April '24 Apr '24 $72,000
March '24 Mar '24 $12,360

Number of Homes Sold i

40

(Feb 2025)

-21.6%

year-over-year

y-o-y

February '25 Feb '25 40
January '25 Jan '25 35
December '24 Dec '24 37
November '24 Nov '24 24
October '24 Oct '24 40
September '24 Sep '24 52
August '24 Aug '24 46
July '24 Jul '24 39
June '24 Jun '24 39
May '24 May '24 43
April '24 Apr '24 50
March '24 Mar '24 39

Number of Purchase Loans i

29

(Feb 2025)

-23.7%

year-over-year

y-o-y

February '25 Feb '25 29
January '25 Jan '25 23
December '24 Dec '24 29
November '24 Nov '24 13
October '24 Oct '24 29
September '24 Sep '24 32
August '24 Aug '24 38
July '24 Jul '24 27
June '24 Jun '24 23
May '24 May '24 28
April '24 Apr '24 35
March '24 Mar '24 28

Number of REFI Loans i

10

(Feb 2025)

+100%

year-over-year

y-o-y

February '25 Feb '25 10
January '25 Jan '25 9
December '24 Dec '24 27
November '24 Nov '24 10
October '24 Oct '24 16
September '24 Sep '24 9
August '24 Aug '24 259
July '24 Jul '24 7
June '24 Jun '24 250
May '24 May '24 8
April '24 Apr '24 11
March '24 Mar '24 15

Number of HELOC Loans i

3

(Feb 2025)

-57.1%

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 7
December '24 Dec '24 5
November '24 Nov '24 5
October '24 Oct '24 7
September '24 Sep '24 5
August '24 Aug '24 4
July '24 Jul '24 6
June '24 Jun '24 8
May '24 May '24 5
April '24 Apr '24 7
March '24 Mar '24 6

Reno, NV 89503 Real Estate Market Overview

Last 30 days

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Reno, NV 89503 Foreclosure Activity

There were a total of 2 Reno, NV 89503 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

2

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 2
January '25 Jan '25 5
December '24 Dec '24 2
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 4
June '24 Jun '24 3
May '24 May '24 N/A
April '24 Apr '24 4
March '24 Mar '24 N/A

Foreclosure Starts i

1

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 1
January '25 Jan '25 3
December '24 Dec '24 2
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 2
June '24 Jun '24 3
May '24 May '24 N/A
April '24 Apr '24 2
March '24 Mar '24 N/A

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 N/A
May '24 May '24 1
April '24 Apr '24 N/A
March '24 Mar '24 N/A

Nearby Zip Codes

1. 89501
2. 89502
3. 89506
4. 89508
5. 89509
6. 89510

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