89509 Home Values & Market Trends
There are 683 homes currently listed for 89509. 89509 real estate market trends show that home prices range from $152,900 to $4,500,000, and the median sales price in the 89509 zip code is $744,084. The total number of properties sold within the past twelve months is 596. In 89509, 10 properties are in foreclosure, 3 are bank owned properties,and 1 are headed for auction.
89509 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Reno | $ 614,006 $ 341/sqft |
Housing Market Summary for 89509
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $722.5K | $727K | 0.62% |
| Median Sold Price | $692.6K | $701.9K | 1.34% |
| Homes For Sale | 539 | 683 | 26.72% |
| Homes Sold | 303 | 259 | -14.52% |
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 89509
Browse Homes in 89509
The median list price of a home in Reno, is $744,084. A total of 683 properties are for sale, and the percentage of properties for sale in the zip code is 683.00%. The total count of 89509 properties is 958.
- Pre-ForeclosurePre-foreclosure homes account for 0.63% of all residential properties in 89509 with reno containing 62 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89509; 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 89509 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 0.31% of properties in 89509. There is 1 cities within 89509; 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 89509. Auction homes and other auction properties account for 0.10% of all properties in 89509. There is 1 cities within 89509; 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.
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Guide for 89509
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.
