89508 Home Values & Market Trends
There are 413 homes currently listed for 89508. 89508 real estate market trends show that home prices range from $67,900 to $2,750,000, and the median sales price in the 89508 zip code is $498,145. The total number of properties sold within the past twelve months is 343. In 89508, 9 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.
89508 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Reno | $ 616,614 $ 342/sqft |
Housing Market Summary for 89508
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $495K | $485K | -2.02% |
| Median Sold Price | $491.1K | $465.9K | -5.14% |
| Homes For Sale | 273 | 406 | 48.72% |
| Homes Sold | 99 | 101 | 2.02% |
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 89508
Browse Homes in 89508
The median list price of a home in Reno, is $498,145. A total of 413 properties are for sale, and the percentage of properties for sale in the zip code is 413.00%. The total count of 89508 properties is 533.
- Pre-ForeclosurePre-foreclosure homes account for 1.31% of all residential properties in 89508 with reno containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89508; 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 89508 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 0.19% of properties in 89508. There is 1 cities within 89508; reno containing 26 REO properties, has the highest number of bank owned properties in a single city.
- Auctionsreno has 15 auction properties, the highest number of properties going to auction in a single city in the state of 89508. Auction homes and other auction properties account for 0.19% of all properties in 89508. There is 1 cities within 89508; of that cities, the median estimated home value for homes going to auction ranges from $999,999 in reno to the lowest value of $353,437 in reno.
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More Real Estate Resources for 89508
Guide for 89508
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.
