House Prices

University District Reno, NV House Prices & Home Values 2026


Average Data

average house price$237,759
average size per house1163 ft²
average price per ft²203 $ / ft²

04/05/2026 - The value range (VR) for house prices in University District Reno, NV is $192.85/ sqft to $213.15/ sqft. An average home with 1163 sqft costs approximately $221,594 to $244,919. Reno, NV includes 1 ZIP codes and it is located in Washoe county. The lowest prices are found in ZIP 89512, while the highest are in ZIP 89512. The average price per sqare feet is $203. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes University District Reno

89512134 $ / ft²




Historical development of home values in University District Reno

Year Estimated value (USD) Change vs. 2025
2010 $110,420 -53.6%
2011 $106,150 -55.4%
2012 $105,864 -55.5%
2013 $109,821 -53.8%
2014 $115,282 -51.5%
2015 $121,198 -49.0%
2016 $127,523 -46.4%
2017 $134,406 -43.5%
2018 $141,837 -40.3%
2019 $148,414 -37.6%
2020 $156,086 -34.4%
2021 $177,531 -25.3%
2022 $206,961 -13.0%
2023 $218,250 -8.2%
2024 $230,876 -2.9%
2025 $237,759 0.0%

Graph: estimated home values in University District Reno over time (USD)



Example: 100% financing house in University District Reno

Loan amount: $237,759

Interest rate: 5.93%

Fixed monthly payment: $1,414.50

Breakdown in the 1st month:
Interest portion: $1,174.53  â€“  Principal portion: $239.97

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,014.81 $2,959.17 $234,799.83
2 $13,834.55 $3,139.43 $231,660.40
3 $13,643.30 $3,330.68 $228,329.73
4 $13,440.40 $3,533.57 $224,796.15
5 $13,225.15 $3,748.83 $221,047.32
6 $12,996.78 $3,977.20 $217,070.12
7 $12,754.50 $4,219.48 $212,850.64
8 $12,497.46 $4,476.52 $208,374.13
9 $12,224.76 $4,749.22 $203,624.91
10 $11,935.45 $5,038.53 $198,586.38
11 $11,628.51 $5,345.46 $193,240.92
12 $11,302.88 $5,671.09 $187,569.82
13 $10,957.41 $6,016.56 $181,553.26
14 $10,590.90 $6,383.08 $175,170.18
15 $10,202.06 $6,771.92 $168,398.27
16 $9,789.53 $7,184.45 $161,213.82
17 $9,351.87 $7,622.10 $153,591.72
18 $8,887.55 $8,086.42 $145,505.29
19 $8,394.95 $8,579.03 $136,926.27
20 $7,872.34 $9,101.64 $127,824.63
21 $7,317.89 $9,656.09 $118,168.54
22 $6,729.66 $10,244.31 $107,924.23
23 $6,105.61 $10,868.37 $97,055.86
24 $5,443.53 $11,530.44 $85,525.41
25 $4,741.13 $12,232.85 $73,292.56
26 $3,995.93 $12,978.04 $60,314.52
27 $3,205.34 $13,768.63 $46,545.89
28 $2,366.59 $14,607.38 $31,938.51
29 $1,476.75 $15,497.23 $16,441.28
30 $532.70 $16,441.28 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in University District Reno, NV


1500 sqft3900 sqft
Ø selling price$364,024$774,378
Ø fast selling$330,931$696,940
Ø high price sale$397,117$851,816

In 2026, houses in University District Reno, NV will be offered at an average price of $203 per square foot. A 1,500 sqft home priced at $364,024 is 22.72% more expensive per square foot than a 3,900 sqft home priced at $774,378. Home prices in University District Reno, NV vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $536,108. Sellers who can wait longer may achieve a higher price of up to $655,243.


University District in Reno, NV

Overview

The University District in Reno, NV centers around the campus of the University of Nevada, Reno (UNR) and blends academic energy with Northern Nevada lifestyle. This vibrant neighborhood offers students, faculty, and locals a walkable hub for learning, living, and entertainment.

Location & Access

Located along North Virginia Street, the area sits just north of Downtown Reno with quick access to I-80 and the Truckee River corridor. Residents appreciate convenient transit options, bike-friendly streets, and scenic views of the nearby Sierra Nevada.

Lifestyle & Amenities

The district features casual cafés, study-friendly coffee shops, and locally loved restaurants that serve late-night bites during the academic year.
On game days, Wolf Pack pride energizes the streets as fans gather before and after events at campus venues. Parks, campus greens, and public art create a welcoming pedestrian experience from morning classes to evening concerts and lectures.

Housing & Real Estate

Housing ranges from on-campus residences and modern student housing to nearby single-family homes and small apartment communities. Renters and investors value the steady demand driven by UNR, while long-time residents enjoy the neighborhood?s enduring character.

Education & Culture

With research centers, libraries, and year-round cultural programming, the University District Reno anchors a thriving, connected community.



FAQ – Home Values in University District Reno

What is the median home value in University District Reno in 2026?

In 2026, the typical home value in University District Reno is about $237,759 for an average home size of 1163 square feet. This corresponds to an average price of roughly $203 per square foot.

What is the average cost per square foot in University District Reno?

In 2026, homes in University District Reno sell for an average of around $203 per square foot, with a typical range between $192.85 and $213.15 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in University District?

The average home size in University District Reno is about 1163 square feet, with an estimated 2026 value around $237,759.



Neighborhoods close to University District Reno, NV

Downtown Elko Elko, NV159 $ / ft²
Gardnerville Ranchos Gardnerville, NV474 $ / ft²
Lakefront Incline Village, NV2031 $ / ft²
Verdi Highlands Verdi, NV223 $ / ft²
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