89523 Home Values & Market Trends

There are 736 homes currently listed for 89523. 89523 real estate market trends show that home prices range from $214,900 to $13,799,000, and the median sales price in the 89523 zip code is $687,549. The total number of properties sold within the past twelve months is 648. In 89523, 7 properties are in foreclosure, 1 are bank owned properties,and 1 are headed for auction.

89523 Real Estate Market Overview

CityMedian Est. Value
Reno

$ 614,893

$ 341/sqft

Housing Market Summary for 89523

Oct 2025October 2026Change
Median Listing Price$697K$694.5K-0.36%
Median Sold Price$633.3K$626.4K-1.09%
Homes For Sale49673648.39%
Homes Sold314244-22.29%
Price
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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%.

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Browse Homes in 89523

The median list price of a home in Reno, is $687,549. A total of 736 properties are for sale, and the percentage of properties for sale in the zip code is 736.00%. The total count of 89523 properties is 988.

Foreclosure
There is 1 cities within 89523; within this cities, the median estimated home value for homes in foreclosure ranges from $3,795,000 in reno to the lowest value of $113,925 in reno. Foreclosure homes account for 0.00% of properties in 89523 with reno containing 101 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.51% of all residential properties in 89523 with reno containing 62 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There is 1 cities within 89523; 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 Owned
    The median estimated home value of bank owned homes (REO properties) in 89523 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 0.10% of properties in 89523. There is 1 cities within 89523; reno containing 25 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    reno has 14 auction properties, the highest number of properties going to auction in a single city in the state of 89523. Auction homes and other auction properties account for 0.10% of all properties in 89523. There is 1 cities within 89523; 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.
Homes for Sale
Homes and properties that are actively listed for sale account for 74.49% of residential properties in 89523 with reno containing 6408 homes for sale, the highest number of listed properties in a single city. There is 1 cities within 89523; homes for sale in that cities, have a range of median values from $10,950,000 in reno to the lowest value of $87,658 in reno.
    Sold Homes
    The median value for recently sold homes ranges from $5,673,723 in reno to the lowest price of $81,988 in reno. There is 1 cities within 89523. reno has 2140 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 24.09% of properties in 89523.

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      Guide for 89523

      Home Buying Guides & Tips
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips
      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips
      How to Buy A Foreclosed Home in Chicago
      Home mortgage
      Real Estate Investing
      How To Find A Potential Pre-foreclosure Home Bargain
      See More Articles
      How To Buy a Piece of Land in Foreclosure
      Home Buying Guides & Tips|posted 3 September 2024

      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 […]

      Foreclosure: Cómo Comprar Una Casa En Ejecución Hipotecaria
      Home Buying Guides & Tips|posted 26 August 2024

      Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.

      How to Buy A Foreclosed Home in Chicago
      Home Buying Guides & Tips|posted 10 June 2024

      Learn how to buy a foreclosed home in Chicago, Illinois.

      Home mortgage
      How To Find A Potential Pre-foreclosure Home Bargain
      Real Estate Investing|posted 6 June 2024

      Tips to find a home in pre-foreclosure and get a good deal on a new home.