Latest Real Estate Market News

The Reno-Sparks housing market continued to show price growth in September 2026, with the median sale price climbing to $640,000. At the same time, inventory declined, and homes took a little longer to go under contract, creating a market that buyers and sellers need to navigate strategically.

I'm Ken Angst with the Angst Real Estate Team at Haute Properties NV. I work with buyers and sellers throughout South Reno, Reno, and Sparks, helping them understand local market conditions and make informed real estate decisions.

In this month's report, I'm looking at September 2026 data for resale single-family homes across Reno and Sparks. Condominiums are excluded. I'll also discuss mortgage rates and what they could mean for buyers considering a move this fall.

If you're buying a higher-priced home, you may eventually hear the words "jumbo loan."

The name makes the basic concept sound pretty straightforward: you're borrowing a larger amount of money.

But jumbo financing doesn't always work the way buyers expect.

For some highly qualified borrowers, a jumbo loan can offer surprisingly competitive pricing. At the same time, lenders may expect stronger credit, more money in reserve, and a larger down payment.

So when does a mortgage become jumbo, and what should you consider before choosing one?

A couple of weeks ago, I had the opportunity to speak at the APWA Nevada Fall Conference in Lake Tahoe, where I discussed the national housing market and how Reno and...

Physician loans can sound almost too good to be true.

Depending on the program and borrower, a physician loan may let you buy a home with no down payment, avoid private mortgage insurance, and receive different treatment of student loan debt when qualifying.

Looking for a South Reno neighborhood with mature landscaping, varied architecture, and a little more elbow room? In our latest neighborhood tour, we drive through Ridgeview and highlight what makes this area worth a closer look for buyers considering South Reno.

Join us for a drive through Ridgeview, a small residential pocket near Thomas Creek Road and Zolezzi Lane. Tucked between established South Reno communities including Fieldcreek and Southwest Vistas, Ridgeview offers a noticeably different feel from many of the newer, more uniform tract developments found throughout the area.

If you've been watching the Reno-Sparks housing market lately, you may be wondering what's really going on. Are we in a buyer's market? A seller's market? The answer isn't quite that simple.

Living near Mount Rose Highway offers a distinctive South Reno lifestyle. For buyers who value larger lots, mature landscaping, mountain views, outdoor recreation, and a quieter residential setting, the area can be an appealing alternative to newer, denser communities farther into South Reno.

But like any location, living near Mount Rose Highway comes with both advantages and considerations. The same mountain setting that offers beautiful scenery and easy access to outdoor recreation can also mean more responsibility for winter weather, wildfire preparedness, property maintenance, and transportation.

If you're considering buying a home in or around the Mount Rose Highway corridor, look beyond the house itself and understand what day-to-day life in the area can be like.

If you’ve been shopping for a new home in South Reno, you probably already know that finding a detached, new-construction home in the 89511 ZIP code for under $650,000 can be a challenge.

But there is still an option worth checking out.

Summer may be winding down, but there’s still plenty of time to get out and enjoy everything the Truckee Meadows has to offer. From live music and community festivals to barbecue, balloons, and Labor Day weekend activities, late August and early September are packed with opportunities to make the most of the season.

With multiple wildfires currently burning in and around Northern Nevada,  wildfire preparedness is especially important for Reno-Sparks residents.