House Prices

University Ridge Reno, NV House Prices & Home Values 2026


Average Data

average house price$217,304
average size per house1063 ft²
average price per ft²185 $ / ft²

04/05/2026 - The value range (VR) for house prices in University Ridge Reno, NV is $175.75/ sqft to $194.25/ sqft. An average home with 1063 sqft costs approximately $168,701 to $186,459. 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 $185. Our analysis is based on 15 property listings.

Avergage prices by ZIP codes University Ridge Reno

89512122 $ / ft²




Historical development of home values in University Ridge Reno

Year Estimated value (USD) Change vs. 2025
2010 $100,920 -53.6%
2011 $97,017 -55.4%
2012 $96,756 -55.5%
2013 $100,373 -53.8%
2014 $105,364 -51.5%
2015 $110,771 -49.0%
2016 $116,552 -46.4%
2017 $122,843 -43.5%
2018 $129,634 -40.3%
2019 $135,645 -37.6%
2020 $142,657 -34.4%
2021 $162,257 -25.3%
2022 $189,156 -13.0%
2023 $199,473 -8.2%
2024 $211,013 -2.9%
2025 $217,304 0.0%

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



Example: 100% financing house in University Ridge Reno

Loan amount: $217,304

Interest rate: 5.42%

Fixed monthly payment: $1,222.67

Breakdown in the 1st month:
Interest portion: $981.13  –  Principal portion: $241.54

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $11,700.46 $2,971.60 $214,332.40
2 $11,535.40 $3,136.66 $211,195.74
3 $11,361.17 $3,310.89 $207,884.85
4 $11,177.26 $3,494.80 $204,390.05
5 $10,983.14 $3,688.92 $200,701.13
6 $10,778.24 $3,893.82 $196,807.31
7 $10,561.95 $4,110.11 $192,697.21
8 $10,333.65 $4,338.41 $188,358.80
9 $10,092.67 $4,579.39 $183,779.41
10 $9,838.31 $4,833.75 $178,945.66
11 $9,569.81 $5,102.25 $173,843.41
12 $9,286.40 $5,385.66 $168,457.75
13 $8,987.25 $5,684.81 $162,772.94
14 $8,671.48 $6,000.58 $156,772.37
15 $8,338.18 $6,333.88 $150,438.48
16 $7,986.35 $6,685.70 $143,752.78
17 $7,614.99 $7,057.07 $136,695.71
18 $7,223.00 $7,449.06 $129,246.65
19 $6,809.24 $7,862.82 $121,383.83
20 $6,372.49 $8,299.57 $113,084.25
21 $5,911.48 $8,760.58 $104,323.68
22 $5,424.87 $9,247.19 $95,076.48
23 $4,911.22 $9,760.84 $85,315.65
24 $4,369.05 $10,303.01 $75,012.64
25 $3,796.76 $10,875.30 $64,137.34
26 $3,192.68 $11,479.38 $52,657.96
27 $2,555.05 $12,117.01 $40,540.95
28 $1,882.00 $12,790.06 $27,750.89
29 $1,171.56 $13,500.50 $14,250.39
30 $421.67 $14,250.39 $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 Ridge Reno, NV


1500 sqft3900 sqft
Ø selling price$303,205$645,000
Ø fast selling$275,641$580,500
Ø high price sale$330,769$709,500

In 2026, houses in University Ridge Reno, NV will be offered at an average price of $185 per square foot. A 1,500 sqft home priced at $303,205 is 20.77% more expensive per square foot than a 3,900 sqft home priced at $645,000. Home prices in University Ridge 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 $446,539. Sellers who can wait longer may achieve a higher price of up to $545,769.


University Ridge, Reno NV Neighborhood Guide

Overview & Location

University Ridge is a hillside neighborhood in Reno, NV known for elevated views of the city and the Sierra Nevada. Situated near the University of Nevada, Reno (UNR), the community offers a quick commute to campus and Downtown Reno. Residents appreciate quiet, well-kept streets and a suburban feel within minutes of urban amenities.
Proximity to major routes like I?80 and N. McCarran Boulevard makes getting around the Truckee Meadows straightforward. For those seeking a balance between convenience and scenery, University Ridge Reno delivers year-round.

Homes, Lifestyle & Outdoor Recreation

Housing in the University Ridge neighborhood primarily consists of single-family homes, many positioned to capture sweeping city and mountain vistas. Buyers exploring homes for sale in University Ridge will find a range of floor plans, attached garages, and low-maintenance lots that suit busy academic and professional lifestyles. Outdoor lovers enjoy nearby parks, trail connections, and quick access to regional open space.
Daily needs are covered with shopping, dining, and services along N. Virginia Street, Downtown, and surrounding retail hubs. Whether you are affiliated with UNR or building roots in Northern Nevada, this sought-after pocket of Reno NV real estate offers a comfortable, connected base.



FAQ – Home Values in University Ridge Reno

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

In 2026, the typical home value in University Ridge Reno is about $217,304 for an average home size of 1063 square feet. This corresponds to an average price of roughly $185 per square foot.

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

In 2026, homes in University Ridge Reno sell for an average of around $185 per square foot, with a typical range between $175.75 and $194.25 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in University Ridge?

The average home size in University Ridge Reno is about 1063 square feet, with an estimated 2026 value around $217,304.



Neighborhoods close to University Ridge 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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