As of August 2026, the housing market in Reno, NV (89509) shows warning signs building — the reading is ACT, with listed homes on the market about 67 days and 215 homes on the market.
At least one signal is past the thresholds that preceded past downturns. Sellers here are losing pricing power.
At least one signal in Reno is past the thresholds that preceded past downturns — the reading is ACT, and sellers here are losing pricing power. If selling was already on your mind, make a plan now rather than next spring.
Three signals drawn from licensed market statistics, each with a danger line recalibrated for active-listing data: the year-over-year price trend (−2%), how long listed homes have been on the market (+10% year over year), and the number of homes for sale (+30% year over year). A ZIP crossing enough of them reads WATCH or ACT; a clean ZIP reads HOLD. See the full explanation of each dial, including the exact math and what goes into it.