89502 Home Values & Market Trends
There are 514 homes currently listed for 89502. 89502 real estate market trends show that home prices range from $73,900 to $1,199,000, and the median sales price in the 89502 zip code is $464,097. The total number of properties sold within the past twelve months is 496. In 89502, 10 properties are in foreclosure, 3 are bank owned properties,and 1 are headed for auction.
89502 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Reno | $ 613,573 $ 341/sqft |
Housing Market Summary for 89502
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $455K | 1.34% |
| Median Sold Price | $457.3K | $431.1K | -5.72% |
| Homes For Sale | 353 | 512 | 45.04% |
| Homes Sold | 240 | 180 | -25.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in 89502
Browse Homes in 89502
The median list price of a home in Reno, is $464,097. A total of 514 properties are for sale, and the percentage of properties for sale in the zip code is 514.00%. The total count of 89502 properties is 712.
- Pre-ForeclosurePre-foreclosure homes account for 0.84% of all residential properties in 89502 with reno containing 62 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89502; of that cities, the estimated home value for pre-foreclosure homes ranges from $3,795,000 in reno to the lowest home value of $179,900 in reno.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in 89502 ranges from the highest value of $1,515,337 in reno to the lowest value of $113,925 in reno. Bank owned homes and properties account for 0.42% of properties in 89502. There is 1 cities within 89502; reno containing 25 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsreno has 14 auction properties, the highest number of properties going to auction in a single city in the state of 89502. Auction homes and other auction properties account for 0.14% of all properties in 89502. There is 1 cities within 89502; of that cities, the median estimated home value for homes going to auction ranges from $999,999 in reno to the lowest value of $329,000 in reno.
Compare Nearby Zip Codes
More Real Estate Resources for 89502
Guide for 89502
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
