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Reno, NV 89508 Real Estate & Property Data

Reno, NV 89508 Real Estate Market Trends

Last Updated: August 30, 2025

A total of 335 residential properties have been sold over the past 12 months in 89508. With a median sales price of $530,000 in 89508 and a total of 3 foreclosures in Reno, NV 89508. Discover market trends and get the granular level real estate data for Reno, NV 89508 to keep your pulse on the housing market. Curate compelling home reports for Reno, NV 89508 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Reno, NV 89508 Real Estate Market Trends

Get property data for any address in Reno, NV 89508 or the country:

Total Residential Properties 5,227

Total Commercial Properties 28

Avg. Home Age (Single Family Home) 25 Years

Avg. Square Feet (Single Family Home) 1,835

Total 2025 Residential Sales (year-to-date) 161

% of Homes Seriously Underwater (Q3 2025) 1.08%

Total 2024 Residential Sales 302

% of Equity Rich Homes (Q3 2025) 44.3%

Effective 2024 Property Tax 0.4%

Total Foreclosure Filings (year-to-date) 16

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Reno, NV 89508 Real Estate Overview

There were 335 residential properties sold in the past year in Reno, NV 89508. The median home value in Reno, NV 89508 is $490,000. There are a total of 5,227 residential properties in the 89508.

Median Sales Price i

$530,000

(Jun 2025)

+5.3%

year-over-year

y-o-y

June '25 Jun '25 $530,000
May '25 May '25 $429,950
April '25 Apr '25 $485,000
March '25 Mar '25 $445,000
February '25 Feb '25 $445,000
January '25 Jan '25 $524,549
December '24 Dec '24 $467,500
November '24 Nov '24 $437,000
October '24 Oct '24 $531,250
September '24 Sep '24 $477,000
August '24 Aug '24 $493,000
July '24 Jul '24 $450,000

Median Down Payment i

$29,250

(Jun 2025)

-27.4%

year-over-year

y-o-y

June '25 Jun '25 $29,250
May '25 May '25 $42,990
April '25 Apr '25 $46,387
March '25 Mar '25 $41,500
February '25 Feb '25 $28,700
January '25 Jan '25 $100,900
December '24 Dec '24 $89,500
November '24 Nov '24 $47,500
October '24 Oct '24 $88,250
September '24 Sep '24 $90,000
August '24 Aug '24 $144,390
July '24 Jul '24 $20,500

Number of Homes Sold i

30

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 30
May '25 May '25 37
April '25 Apr '25 28
March '25 Mar '25 22
February '25 Feb '25 16
January '25 Jan '25 28
December '24 Dec '24 22
November '24 Nov '24 18
October '24 Oct '24 24
September '24 Sep '24 18
August '24 Aug '24 33
July '24 Jul '24 29

Number of Purchase Loans i

24

(Jun 2025)

+14.3%

year-over-year

y-o-y

June '25 Jun '25 24
May '25 May '25 23
April '25 Apr '25 16
March '25 Mar '25 17
February '25 Feb '25 13
January '25 Jan '25 21
December '24 Dec '24 19
November '24 Nov '24 11
October '24 Oct '24 13
September '24 Sep '24 13
August '24 Aug '24 24
July '24 Jul '24 21

Number of REFI Loans i

11

(Jun 2025)

+22.2%

year-over-year

y-o-y

June '25 Jun '25 11
May '25 May '25 15
April '25 Apr '25 21
March '25 Mar '25 16
February '25 Feb '25 10
January '25 Jan '25 12
December '24 Dec '24 26
November '24 Nov '24 14
October '24 Oct '24 16
September '24 Sep '24 19
August '24 Aug '24 16
July '24 Jul '24 11

Number of HELOC Loans i

7

(Jun 2025)

+16.7%

year-over-year

y-o-y

June '25 Jun '25 7
May '25 May '25 3
April '25 Apr '25 1
March '25 Mar '25 4
February '25 Feb '25 3
January '25 Jan '25 5
December '24 Dec '24 6
November '24 Nov '24 9
October '24 Oct '24 4
September '24 Sep '24 4
August '24 Aug '24 6
July '24 Jul '24 3

Reno, NV 89508 Real Estate Market Overview

Last 30 days

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Reno, NV 89508 Foreclosure Activity

There were a total of 3 Reno, NV 89508 properties with a foreclosure filing in June 2025.

Total Foreclosure Filings i

3

(Jun 2025)

+50%

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 2
April '25 Apr '25 1
March '25 Mar '25 3
February '25 Feb '25 6
January '25 Jan '25 1
December '24 Dec '24 3
November '24 Nov '24 3
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 1
July '24 Jul '24 5

Foreclosure Starts i

1

(Jun 2025)

year-over-year

y-o-y

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

Completed Foreclosures (REOs) i

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

Nearby Zip Codes

1. 89501
2. 89502
3. 89503
4. 89506
5. 89509
6. 89510

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