The story of this market
The typical home in ZIP 89519 sells for about $1,050,000, or $365 per square foot.
Prices are up +8.7% from a year ago, so sellers still have some momentum. Homes take about 42 days to sell. HUD's fair market rent for a two-bedroom is $3,200 a month.
ZIP 89519 — Reno
The 89519 housing market remains resilient, characterized by high median home values and low inventory levels. Demand is supported by the area's desirability and limited supply, keeping prices stable despite broader economic fluctuations. Buyers in this segment are typically well-qualified, contributing to a steady, albeit slow, sales pace.
This ZIP is ideal for affluent families, established professionals, and downsizers seeking a quiet, scenic environment with high-quality amenities and proximity to Reno's core.
Median prices moved up 8.7% year over year.
Homes spend a median of 42 days on market with 3.3 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.2% · poverty 4.1% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 89519, Washoe County NV
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area generally experiences lower crime rates compared to the broader Reno urban core, benefiting from its suburban, residential character.
Schools serving this ZIP are part of the Washoe County School District and are generally well-regarded, often performing above the district average.
The area faces moderate wildfire risk typical of the Sierra Nevada foothills, with insurance providers increasingly focused on defensible space requirements.
Economic momentum is driven by proximity to Reno's expanding tech and logistics sectors, though the ZIP itself is largely built-out with limited new large-scale development.
Property taxes are assessed by Washoe County based on taxable value; Nevada has no state income tax, which benefits high-income residents in this ZIP.
Residents primarily commute by car to downtown Reno or the South Reno employment hubs, with typical drive times ranging from 15 to 25 minutes.
The area offers immediate access to the Caughlin Ranch trail system, numerous neighborhood parks, and proximity to several golf courses and upscale shopping centers.
The rental market is characterized by high-end single-family homes with low vacancy rates and limited inventory, often catering to corporate relocations.
The local economy is anchored by Reno's diverse mix of technology, manufacturing, and gaming/tourism industries, with significant growth in the nearby South Reno business corridor.
Transportation is heavily reliant on private vehicles, with major access provided by McCarran Boulevard and proximity to I-580.
Development is largely constrained by existing topography and established residential zoning, focusing on infill and property upgrades.
The Washoe County Assessor maintains property values based on a market-value approach, with annual adjustments to reflect current sales data.
Parcels are subject to Washoe County School District taxes and various local utility and flood control district assessments.
Property insurance premiums are influenced by regional wildfire risk assessments, with many homes requiring specialized coverage.
Nevada continues to see net positive domestic migration, driven by tax advantages and lifestyle appeal.
Nevada is a non-judicial foreclosure state, with a structured notice and auction process.
Sellers are required to provide a comprehensive Real Property Disclosure Form detailing the condition of the property.
Data retrieved from data.census.gov ZCTA 89519 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Extensive network of walking and biking paths throughout the community.
Public-access course offering scenic views and challenging play.
Local shopping center providing essential services and dining.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.