89503 Home Values & Market Trends
There are 500 homes currently listed for 89503. 89503 real estate market trends show that home prices range from $160,000 to $1,750,000, and the median sales price in the 89503 zip code is $484,882. The total number of properties sold within the past twelve months is 519. In 89503, 8 properties are in foreclosure, 2 are bank owned properties,and 0 are headed for auction.
89503 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Reno | $ 616,614 $ 342/sqft |
Housing Market Summary for 89503
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $449K | $475K | 5.79% |
| Median Sold Price | $495.6K | $480.3K | -3.08% |
| Homes For Sale | 303 | 495 | 63.37% |
| Homes Sold | 184 | 228 | 23.91% |
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 89503
Browse Homes in 89503
The median list price of a home in Reno, is $484,882. A total of 500 properties are for sale, and the percentage of properties for sale in the zip code is 500.00%. The total count of 89503 properties is 741.
- Pre-ForeclosurePre-foreclosure homes account for 0.81% of all residential properties in 89503 with reno containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89503; 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 89503 ranges from the highest value of $1,527,711 in reno to the lowest value of $113,925 in reno. Bank owned homes and properties account for 0.27% of properties in 89503. There is 1 cities within 89503; reno containing 26 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsN/A has 0 auction properties, the highest number of properties going to auction in a single city in the state of 89503. Auction homes and other auction properties account for 0% of all properties in 89503. There is 1 cities within 89503; of that cities, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
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More Real Estate Resources for 89503
Guide for 89503
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.
