The story of this market
The typical home in ZIP 89508 sells for about $529,000, or $388 per square foot.
Homes take about 62 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $1,837 a month.
ZIP 89508 — Reno
The 89508 ZIP code, encompassing areas like Cold Springs, features a quiet residential market dominated by single-family homes built after 2000. Current market data shows a median list price of $529,000 with an average of 62 days on market. The area is characterized by a tranquil atmosphere, appealing primarily to families looking for suburban housing.
This area is primarily suited for family buyers seeking single-family detached homes in a quiet, suburban environment with low traffic noise.
Median prices moved sideways 0.0% year over year.
Homes spend a median of 62 days on market with 0.0 months of supply — a balanced-paced market.
0% of listings have cut prices · homes sell at 0% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) — a stable, low-distress profile.
ZCTA 89508, 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.
Data sourced from Simplemaps and GreatData; specific ACS breakdown not provided in search results.
Local casino and resort facility.
Local dining and sports bar venue.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.