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Homes for Sale Under 250K in Reno, NV

404 Homes for Sale

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Building 20 Units Available
Listing Photo 1 - Condo for sale in building located at 255 N Sierra St, Reno, NV 89501 - Unit #UNIT 517
Unit #UNIT 517

255 N Sierra St

$250,000 - $1,450,000

255 N Sierra St, Reno, NV 89501

Building 14 Units Available
Listing Photo 1 - Condo for sale in building located at 200 W 2nd St, Reno, NV 89501 - Unit #303
Unit #303

200 W 2nd St

$189,000 - $729,000

200 W 2nd St, Reno, NV 89501

Showing 1 - 42 of 404 homes for sale in Reno, NV

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Reno, NV Housing Market Overview

Reno is a balanced market, giving buyers and sellers room to negotiate. With 2.9 months of supply and homes averaging 60 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

60

Inventory

738

Oct 2021Mar 2024Mar 2026

Median Home Price

$547,447Up 0.06%

In Mar 2026 · YoY

Oct 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

7.18%Down 0.06%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
738 Down 0.05%
Newly Listed Homes
390 Up 0.00%
Months of Supply
2.9 Down 0.30%

Housing Demand

Homes Sold
256 Down 0.00%
Sale-to-List Ratio
98.8% Up 0.44%
Homes Sold Above List
22.3% Up 2.02%

30-yr fixed rate 7.18% · Data as of Mar 2026 · Source: Houzeo Research.

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  • mls-imgIDX Logo
    Based on information from the Northern Nevada Regional Multiple Listing Service® through Nov 8, 2026, 11:00 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of the content displayed here other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. Any suspected “scraping” would be reported to NNRMLS for immediate investigation and action. IDX information is deemed reliable but not guaranteed. The content relating to real estate for sale on this website comes in part from the IDX program of the Northern Nevada Regional Multiple Listing Service®. Real estate listings held by brokerage firms other than Congress Realty, Inc. includes the name of the listing brokerage. © 2026 Northern Nevada Regional Multiple Listing Service®, Inc. All rights reserved.
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Homes Available icon

404

Homes Available

Median List Price icon

$ 547,447

Median List Price

Avg on Market icon

60 Days

Avg on Market