Updated May 2026 · Redfin · 3-month window
89506 Real Estate Market Update: Reno, NV, May 2026
The latest housing-market numbers for ZIP code 89506 in Reno, Nevada, for May 2026: a $470K median sale price, straight from the Redfin Data Center. ZIP-level figures are a rolling three-month window.
| Metric | Value | MoM | YoY |
|---|---|---|---|
| Median sale price | $470K | ▲ +0.6% | ▲ +4.4% |
| Days on market | 49 | ▼ -12.5% | ▲ +25.6% |
| Homes for sale | 113 | ▲ +9.7% | ▼ -24.2% |
| Sale-to-list | 99.7% | • 0.0% | ▲ +0.1% |
| Homes sold | 189 | ▲ +13.2% | ▲ +12.5% |
Figures from the Redfin Data Center ZIP-code tracker (rolling 3-month window, not seasonally adjusted). Verify against your MLS before posting. Not a valuation for a specific home.
What the 89506 numbers say
Prices in Reno's 89506 ZIP are still climbing. The median sale price reached $470,000, up 4.4% year over year. Pace is steady: a typical listing goes under contract in about 49 days, with sellers getting 99.7% of list price.
Based on 189 recent sales, 89506 is currently an active market.
What this means if you sell in 89506
Use these figures to set expectations early with each client. Lead a listing appointment with the $470K median price and the 49-day pace, show the year-over-year direction, and frame 89506 as an active market. A buyer or seller client trusts an agent who knows their exact ZIP, not just the metro average.
How we track the 89506 market
We built LOKAL to pull 89506's numbers straight from the Redfin Data Center, so an agent and a client read from the same source. For May 2026 we recorded a $470K median sale price, +4.4% year over year, a 99.7% sale-to-list ratio and a +0.6% month-over-month move across 189 recorded sales. That compares with roughly $450K a year earlier, in 2025. We refresh every ZIP monthly and only publish once a ZIP clears at least 20 recorded sales for the period, so the median stays reliable instead of noisy. Redfin has published ZIP-level market data monthly since 2020, which is what lets us show month-over-month and year-over-year change here in 2026. LOKAL is independent and not affiliated with Redfin; always verify against your MLS before you publish.
ZIP-code areas follow U.S. Postal Service boundaries; for complementary demographics on 89506 — population, median household income, owner-occupancy — see the U.S. Census Bureau profile for this ZIP Code Tabulation Area. LOKAL covers price and pace; the Census covers who lives there.
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Build the Reno post →Frequently asked: the 89506 housing market
- What is the median home price in ZIP 89506 (Reno, NV)?
- As of May 2026, the median sale price in ZIP 89506 is $470,000 (+4.4% year over year), per the Redfin Data Center. Figures are a rolling 3-month window for this ZIP code.
- Is ZIP 89506 a buyer's or seller's market right now?
- ZIP 89506 is currently an active market, based on a 99.7% sale-to-list ratio, about 49 days on market for May 2026.
- How long do homes take to sell in ZIP 89506?
- A typical listing in 89506 goes under contract in about 49 days as of May 2026. Always verify against your local MLS before quoting figures to clients.
- Where does this 89506 market data come from?
- All figures come from the Redfin Data Center ZIP-code market tracker, a rolling 3-month window refreshed monthly. LOKAL turns them into a ready-to-post carousel, story and square graphic. LOKAL is not affiliated with Redfin.
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Data: Redfin · Redfin Data Center (ZIP-code market tracker). Figures are a ZIP-level 3-month snapshot, not a valuation for a specific home.