89511 Home Values & Market Trends
There are 713 homes currently listed for 89511. 89511 real estate market trends show that home prices range from $187,999 to $8,200,000, and the median sales price in the 89511 zip code is $1,450,000. The total number of properties sold within the past twelve months is 700. In 89511, 8 properties are in foreclosure, 2 are bank owned properties,and 1 are headed for auction.
89511 Real Estate Market Overview
| City | Median Est. Value |
|---|---|
| Reno | $ 616,614 $ 342/sqft |
Housing Market Summary for 89511
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $1.6M | $1.6M | 1.27% |
| Median Sold Price | $1.1M | $1.1M | -0.41% |
| Homes For Sale | 556 | 701 | 26.08% |
| Homes Sold | 274 | 272 | -0.73% |
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 89511
Browse Homes in 89511
The median list price of a home in Reno, is $1,450,000. A total of 713 properties are for sale, and the percentage of properties for sale in the zip code is 713.00%. The total count of 89511 properties is 1,014.
- Pre-ForeclosurePre-foreclosure homes account for 0.49% of all residential properties in 89511 with reno containing 60 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89511; 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 89511 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 0.20% of properties in 89511. There is 1 cities within 89511; 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 89511. Auction homes and other auction properties account for 0.10% of all properties in 89511. There is 1 cities within 89511; 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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Guide for 89511
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.
