RENO Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Reno averaged
6.33%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.34% and
one month ago for the week of 2025-02-27, the
average rate was 6.85%.
Reno's average rate one year ago was 6.48%.
For refis of the same type during the week of 2025-04-03, the average rate
was 6.4%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Reno 30 Year Fixed Rate | 2025-04-03 | 6.33% |
| Reno 30 Year Fixed Rate Refi | 2025-04-03 | 6.4% |
| Reno 15 Year Fixed Rate | 2025-04-03 | 6.17% |
| Reno 15 Year Fixed Rate Refi | 2025-04-03 | 5.92% |
| Reno 30 Year FHA | 2025-04-03 | 6% |
| Reno 30 Year FHA Refi | 2025-04-03 | 5.8% |
| Reno 30 Year USDA | 2025-04-03 | 6.22% |
| Reno 30 Year USDA Refi | 2025-04-03 | 6.22% |
| Reno 30 Year VA | 2025-04-03 | 6.04% |
| Reno 30 Year VA Refi | 2025-04-03 | 5.62% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within RENO, NV.
RENO Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the RENO, NV market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
RENO Average Closing Costs & Other Stats
RENO, NV's 190 lenders originated 9,054
loans during 2024. The total origination value was $3,632,660,000, with an average loan value of
$401,222.
RENO's average closing costs are $6,433.
The top RENO lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
457 loans originated. Their average total fees are
$9,250, which is $1,153
lower than the next largest lender,
UNITED WHOLESALE MORTGAGE, LLC.
The lowest fee RENO lenders (with over 10 loans originated) are
DHI MORTGAGE COMPANY, LTD. ($3,258), NBKC BANK ($3,406), Zions Bank ($4,506), Morgan Stanley Private Bank ($4,664) and GREATER NEVADA LLC ($4,769).
The lowest rate RENO lenders (with over 10 loans originated) are
EAGLE HOME MORTGAGE, LLC (5.35%), DHI MORTGAGE COMPANY, LTD. (5.69%), Charles Schwab Bank, SSB (5.95%), Morgan Stanley Private Bank (5.96%) and Zions Bank (6.24%).
RENO, NV Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| GUILD MORTGAGE COMPANY | $271,940,000 | $315,715,000 | 16.1% | 8.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $204,600,000 | $279,035,000 | 36.4% | 7.7% |
| QUICKEN LOANS, LLC | $172,415,000 | $194,115,000 | 12.6% | 5.3% |
| DHI MORTGAGE COMPANY, LTD. | $66,705,000 | $150,980,000 | 126.3% | 4.2% |
| CROSSCOUNTRY MORTGAGE, LLC | $119,820,000 | $127,595,000 | 6.5% | 3.5% |
| JPMorgan Chase Bank | $94,835,000 | $108,480,000 | 14.4% | 3.0% |
| U.S. Bank | $119,365,000 | $100,515,000 | -15.8% | 2.8% |
| EAGLE HOME MORTGAGE, LLC | $103,270,000 | $89,700,000 | -13.1% | 2.5% |
| Wells Fargo Bank | $87,350,000 | $82,020,000 | -6.1% | 2.3% |
| UNITED | $55,795,000 | $76,570,000 | 37.2% | 2.1% |
| PENNYMAC LOAN SERVICES, LLC | $50,260,000 | $73,175,000 | 45.6% | 2.0% |
| BERKELEY POINT CAPITAL LLC | $64,025,000 | n/a | 1.8% | |
| TBI MORTGAGE COMPANY | $65,395,000 | $59,120,000 | -9.6% | 1.6% |
| Bank of America | $73,610,000 | $57,590,000 | -21.8% | 1.6% |
| WALKER & DUNLOP, LLC | $317,925,000 | $57,515,000 | -81.9% | 1.6% |
| GREATER NEVADA LLC | $45,965,000 | $53,085,000 | 15.5% | 1.5% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $58,090,000 | $47,995,000 | -17.4% | 1.3% |
| INFINITY EQUITY GROUP, INC. | $28,370,000 | $44,330,000 | 56.3% | 1.2% |
| LOANDEPOT.COM, LLC | $22,960,000 | $43,515,000 | 89.5% | 1.2% |
| BROKER SOLUTIONS, INC. | $34,785,000 | $42,665,000 | 22.7% | 1.2% |
| Zions Bank | $37,990,000 | $41,260,000 | 8.6% | 1.1% |
| CMG MORTGAGE, INC. | $16,855,000 | $41,135,000 | 144.1% | 1.1% |
| Citibank | $162,500,000 | $40,920,000 | -74.8% | 1.1% |
| SUMMIT FUNDING, INC. | $54,435,000 | $40,465,000 | -25.7% | 1.1% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $505,000 | $40,295,000 | 7,879.2% | 1.1% |
| FREEDOM MORTGAGE CORPORATION | $12,835,000 | $39,045,000 | 204.2% | 1.1% |
| MOVEMENT MORTGAGE, LLC | $36,385,000 | $37,655,000 | 3.5% | 1.0% |
| Mortgage Research Center, LLC | $23,295,000 | $34,880,000 | 49.7% | 1.0% |
| AXIA FINANCIAL, LLC | $49,940,000 | $34,425,000 | -31.1% | 0.9% |
| Morgan Stanley Private Bank | $39,745,000 | $31,810,000 | -20.0% | 0.9% |
| First-Citizens Bank & Trust Company | $11,060,000 | $30,160,000 | 172.7% | 0.8% |
| TJC Mortgage, Inc. | $17,115,000 | $27,910,000 | 63.1% | 0.8% |
| CANOPY MORTGAGE, LLC | $2,370,000 | $27,080,000 | 1,042.6% | 0.7% |
| ISERVE RESIDENTIAL LENDING, LLC | $25,310,000 | $26,150,000 | 3.3% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $15,110,000 | $24,800,000 | 64.1% | 0.7% |
| Mr. Cooper ( Nationstar Mortgage ) | $6,725,000 | $23,490,000 | 249.3% | 0.6% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $18,810,000 | $22,170,000 | 17.9% | 0.6% |
| BMO Harris Bank | $20,270,000 | $21,525,000 | 6.2% | 0.6% |
| Gateway First Bank | $20,360,000 | $21,290,000 | 4.6% | 0.6% |
| Merchants Capital Corp. | $21,255,000 | n/a | 0.6% | |
| Plains Commerce Bank | $15,835,000 | $20,670,000 | 30.5% | 0.6% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $26,555,000 | $20,360,000 | -23.3% | 0.6% |
| GUARANTEED RATE, INC. | $7,125,000 | $19,540,000 | 174.2% | 0.5% |
| CARDINAL FINANCIAL | $36,535,000 | $19,485,000 | -46.7% | 0.5% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $14,670,000 | $18,720,000 | 27.6% | 0.5% |
| AMERICAN FINANCIAL NETWORK, INC. | $16,680,000 | $18,455,000 | 10.6% | 0.5% |
| Charles Schwab Bank, SSB | $29,910,000 | $18,405,000 | -38.5% | 0.5% |
| Glacier Bank | $8,385,000 | $17,675,000 | 110.8% | 0.5% |
| MOUNTAIN AMERICA | $17,600,000 | $16,780,000 | -4.7% | 0.5% |
| NEWREZ LLC | $7,085,000 | $16,710,000 | 135.9% | 0.5% |
| The Loan Store, Inc. | $2,110,000 | $16,695,000 | 691.2% | 0.5% |
| PLANET HOME LENDING, LLC | $965,000 | $14,505,000 | 1,403.1% | 0.4% |
| American Mortgage & Equity Consultants, Inc. | $12,805,000 | $13,990,000 | 9.3% | 0.4% |
| FIRST COLONY MORTGAGE CORPORATION | $1,100,000 | $12,340,000 | 1,021.8% | 0.3% |
| Umpqua Bank | $16,980,000 | $11,490,000 | -32.3% | 0.3% |
| FINANCE OF AMERICA REVERSE LLC | $8,955,000 | $11,215,000 | 25.2% | 0.3% |
| PNC Bank | $45,975,000 | $10,930,000 | -76.2% | 0.3% |
| USAA Federal Savings Bank | $7,140,000 | $10,710,000 | 50.0% | 0.3% |
| NBKC BANK | $5,835,000 | $10,415,000 | 78.5% | 0.3% |
| PENTAGON FEDERAL CREDIT UNION | $6,205,000 | $10,040,000 | 61.8% | 0.3% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $16,345,000 | $9,485,000 | -42.0% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $9,735,000 | $9,300,000 | -4.5% | 0.3% |
| Sierra Pacific Mortgage Company, Inc. | $7,475,000 | $9,255,000 | 23.8% | 0.3% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $8,415,000 | $9,190,000 | 9.2% | 0.3% |
| Cornerstone First Mortgage, Inc | $11,585,000 | $8,700,000 | -24.9% | 0.2% |
| Discover Bank | $8,235,000 | $8,695,000 | 5.6% | 0.2% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $9,935,000 | $8,635,000 | -13.1% | 0.2% |
| Stifel Bank and Trust | $7,235,000 | $8,605,000 | 18.9% | 0.2% |
| ONE NEVADA CREDIT UNION | $7,260,000 | $8,515,000 | 17.3% | 0.2% |
| NexBank | $3,890,000 | $8,500,000 | 118.5% | 0.2% |
| Figure Lending LLC | $9,475,000 | $8,370,000 | -11.7% | 0.2% |
| CBRE MULTIFAMILY CAPITAL, INC. | $131,495,000 | $8,275,000 | -93.7% | 0.2% |
| UBS Bank USA | $8,180,000 | $8,220,000 | 0.5% | 0.2% |
| Citadel Servicing Corporation | $4,125,000 | $8,135,000 | 97.2% | 0.2% |
| Flagstar Bank, FSB | $8,460,000 | $8,020,000 | -5.2% | 0.2% |
| HOMEXPRESS MORTGAGE CORP. | $10,575,000 | $7,745,000 | -26.8% | 0.2% |
| Idaho First Bank | $7,595,000 | n/a | 0.2% | |
| LENDINGHOME FUNDING CORPORATION | $4,815,000 | $7,585,000 | 57.5% | 0.2% |
| Century Mortgage Company DBA Century Lending Company | $3,790,000 | $7,420,000 | 95.8% | 0.2% |
| MLD MORTGAGE INC. | $2,510,000 | $7,110,000 | 183.3% | 0.2% |
| Bethpage Federal Credit Union | $1,725,000 | $7,050,000 | 308.7% | 0.2% |
| ALLIANT CREDIT UNION | $3,795,000 | $7,030,000 | 85.2% | 0.2% |
| LENDSURE MORTGAGE CORP. | $5,080,000 | $6,960,000 | 37.0% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $5,415,000 | $6,670,000 | 23.2% | 0.2% |
| DEEPHAVEN MORTGAGE LLC | $3,335,000 | $6,420,000 | 92.5% | 0.2% |
| Prudential Huntoon Paige Associates, LLC | $6,375,000 | n/a | 0.2% | |
| ALAMEDA MORTGAGE CORPORATION | $6,275,000 | $6,200,000 | -1.2% | 0.2% |
| The Federal Savings Bank | $5,265,000 | $6,110,000 | 16.0% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $11,970,000 | $6,035,000 | -49.6% | 0.2% |
| CALCON MUTUAL MORTGAGE LLC | $3,385,000 | $6,020,000 | 77.8% | 0.2% |
| Carrington Mortgage Services, LLC | $3,410,000 | $5,875,000 | 72.3% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $5,720,000 | n/a | 0.2% | |
| LOANPAL, LLC | $3,350,000 | $5,710,000 | 70.4% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $5,695,000 | n/a | 0.2% | |
| LAKEVIEW LOAN SERVICING, LLC | $365,000 | $5,625,000 | 1,441.1% | 0.2% |
| OCMBC, INC. | $5,010,000 | $5,615,000 | 12.1% | 0.2% |
| The Central Trust Bank | $3,380,000 | $5,585,000 | 65.2% | 0.2% |
| First Federal Bank | $640,000 | $5,440,000 | 750.0% | 0.1% |
| Goldman Sachs Bank USA | $9,665,000 | $5,285,000 | -45.3% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $6,230,000 | $5,100,000 | -18.1% | 0.1% |
| AMERICA FIRST | $5,260,000 | $4,905,000 | -6.7% | 0.1% |
| Northpointe Bank | $4,480,000 | $4,770,000 | 6.5% | 0.1% |
| Equity Prime Mortgage LLC | $5,875,000 | $4,765,000 | -18.9% | 0.1% |
| BM Real Estate Services, Inc. | $4,755,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $3,660,000 | $4,705,000 | 28.6% | 0.1% |
| Great Basin Federal Credit Union | $5,160,000 | $4,570,000 | -11.4% | 0.1% |
| T2 FINANCIAL LLC | $4,495,000 | n/a | 0.1% | |
| QUORUM FEDERAL CREDIT UNION | $165,000 | $4,475,000 | 2,612.1% | 0.1% |
| AMERICAN HERITAGE LENDING, INC. | $245,000 | $4,425,000 | 1,706.1% | 0.1% |
| GEORGIA'S OWN | $1,050,000 | $4,340,000 | 313.3% | 0.1% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $2,530,000 | $4,325,000 | 70.9% | 0.1% |
| S1L, Inc. | $2,340,000 | $4,175,000 | 78.4% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $5,035,000 | $4,140,000 | -17.8% | 0.1% |
| 21ST MORTGAGE CORPORATION | $4,860,000 | $3,795,000 | -21.9% | 0.1% |
| Citizens Bank | $890,000 | $3,780,000 | 324.7% | 0.1% |
| NFM, INC. | $19,455,000 | $3,755,000 | -80.7% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $1,065,000 | $3,730,000 | 250.2% | 0.1% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,050,000 | $3,700,000 | 80.5% | 0.1% |
| NEW DAY FINANCIAL, LLC | $2,975,000 | $3,675,000 | 23.5% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $3,665,000 | n/a | 0.1% | |
| AmeriHome Mortgage Company, LLC | $1,715,000 | $3,645,000 | 112.5% | 0.1% |
| BETTER MORTGAGE CORPORATION | $3,530,000 | n/a | 0.1% | |
| Logan Finance Corporation | $3,515,000 | n/a | 0.1% | |
| General Mortgage Capital Corporation | $3,430,000 | n/a | 0.1% | |
| NEW WAVE LENDING GROUP INC | $1,635,000 | $3,410,000 | 108.6% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $1,320,000 | $3,275,000 | 148.1% | 0.1% |
| United Nations Federal Credit Union | $3,250,000 | n/a | 0.1% | |
| LANTZMAN MANAGEMENT, INC. | $3,505,000 | $3,205,000 | -8.6% | 0.1% |
| Performance Financial, Inc. | $3,175,000 | n/a | 0.1% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $10,935,000 | $3,135,000 | -71.3% | 0.1% |
| First National Bank of America | $2,250,000 | $3,080,000 | 36.9% | 0.1% |
| SPRING EQ, LLC | $1,625,000 | $2,920,000 | 79.7% | 0.1% |
| Ameris Bank | $2,895,000 | n/a | 0.1% | |
| Franklin Loan Corporation | $1,300,000 | $2,790,000 | 114.6% | 0.1% |
| BAY EQUITY LLC | $17,995,000 | $2,710,000 | -84.9% | 0.1% |
| LADERA LENDING, INC. | $2,030,000 | $2,685,000 | 32.3% | 0.1% |
| CHEVRON | $355,000 | $2,590,000 | 629.6% | 0.1% |
| SNAPFI, INC. | $3,050,000 | $2,585,000 | -15.2% | 0.1% |
| Old National Bank | $2,745,000 | $2,540,000 | -7.5% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $1,040,000 | $2,525,000 | 142.8% | 0.1% |
| Truist | $1,070,000 | $2,285,000 | 113.6% | 0.1% |
| ZILLOW HOME LOANS, LLC | $1,545,000 | $2,025,000 | 31.1% | 0.1% |
| Watermark Capital, Inc. | $540,000 | $1,995,000 | 269.4% | 0.1% |
| Golden Empire Mortgage, Inc. | $1,985,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $190,000 | $1,970,000 | 936.8% | 0.1% |
| LAND HOME FINANCIAL SERVICES, INC. | $3,170,000 | $1,955,000 | -38.3% | 0.1% |
| Commerce Home Mortgage, Inc. | $3,495,000 | $1,945,000 | -44.3% | 0.1% |
| GENEVA FINANCIAL, LLC | $2,480,000 | $1,930,000 | -22.2% | 0.1% |
| NATIONS DIRECT MORTGAGE, LLC | $1,865,000 | $1,930,000 | 3.5% | 0.1% |
| American Riviera Bank | $1,905,000 | n/a | 0.1% | |
| JMAC LENDING, INC. | $205,000 | $1,900,000 | 826.8% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $1,660,000 | $1,805,000 | 8.7% | 0.0% |
| AMERICAN FINANCING CORPORATION | $205,000 | $1,770,000 | 763.4% | 0.0% |
| Farmers Bank & Trust | $985,000 | $1,760,000 | 78.7% | 0.0% |
| SECURITYNATIONAL MORTGAGE COMPANY | $875,000 | $1,760,000 | 101.1% | 0.0% |
| ON Q FINANCIAL, INC. | $3,270,000 | $1,755,000 | -46.3% | 0.0% |
| UMB Bank | $585,000 | $1,755,000 | 200.0% | 0.0% |
| SIRVA MORTGAGE, INC. | $505,000 | $1,745,000 | 245.5% | 0.0% |
| NEXERA HOLDING LLC | $2,410,000 | $1,725,000 | -28.4% | 0.0% |
| Goldwater Bank, N.A. | $1,715,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $1,205,000 | $1,710,000 | 41.9% | 0.0% |
| BAY-VALLEY MORTGAGE GROUP | $730,000 | $1,695,000 | 132.2% | 0.0% |
| Baxter Credit Union | $880,000 | $1,685,000 | 91.5% | 0.0% |
| Axos Bank | $810,000 | $1,645,000 | 103.1% | 0.0% |
| TOP FLITE FINANCIAL, INC. | $785,000 | $1,645,000 | 109.6% | 0.0% |
| PANORAMA MORTGAGE GROUP, LLC | $1,055,000 | $1,510,000 | 43.1% | 0.0% |
| Firefighters First Federal Credit Union | $2,365,000 | $1,505,000 | -36.4% | 0.0% |
| Quontic Bank | $325,000 | $1,500,000 | 361.5% | 0.0% |
| MID AMERICA MORTGAGE, INC. | $700,000 | $1,490,000 | 112.9% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $1,410,000 | n/a | 0.0% | |
| Magnolia Bank | $880,000 | $1,385,000 | 57.4% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,430,000 | $1,375,000 | -3.8% | 0.0% |
| M&T Bank | $1,370,000 | n/a | 0.0% | |
| CLEARPATH LENDING | $830,000 | $1,350,000 | 62.7% | 0.0% |
| NMSI, INC. | $1,310,000 | n/a | 0.0% | |
| Ixonia Bank | $1,040,000 | $1,235,000 | 18.8% | 0.0% |
| SALAL | $1,235,000 | n/a | 0.0% | |
| OPEN MORTGAGE, LLC | $595,000 | $1,195,000 | 100.8% | 0.0% |
| Sunflower Bank | $1,170,000 | n/a | 0.0% | |
| HOMEOWNERS FINANCIAL GROUP USA, LLC | $595,000 | $1,135,000 | 90.8% | 0.0% |
| EVERETT FINANCIAL, INC. | $2,650,000 | $1,125,000 | -57.5% | 0.0% |
| The Huntington National Bank | $1,490,000 | $1,125,000 | -24.5% | 0.0% |
| Prosperity Home Mortgage, LLC | $650,000 | $1,090,000 | 67.7% | 0.0% |
| KeyBank | $2,780,000 | $1,085,000 | -61.0% | 0.0% |
| ARC HOME LLC | $1,090,000 | $1,060,000 | -2.8% | 0.0% |
| Ally Bank | $1,090,000 | $1,030,000 | -5.5% | 0.0% |
| LIMA ONE CAPITAL, LLC | $1,015,000 | n/a | 0.0% | |
| Washington Federal Bank | $2,240,000 | $1,000,000 | -55.4% | 0.0% |
| ORIX REAL ESTATE CAPITAL, LLC | $995,000 | n/a | 0.0% | |
| Home Mortgage Alliance Corp | $950,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $3,425,000 | $950,000 | -72.3% | 0.0% |
| ALLIED MORTGAGE GROUP, INC. | $945,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $45,000 | $940,000 | 1,988.9% | 0.0% |
| Constant Investments, Inc. | $725,000 | $930,000 | 28.3% | 0.0% |
| SPIRE Credit Union | $910,000 | n/a | 0.0% | |
| DATA MORTGAGE, INC. | $6,150,000 | $860,000 | -86.0% | 0.0% |
| FUNDLOANS CAPITAL | $2,520,000 | $860,000 | -65.9% | 0.0% |
| Fremont Bank | $855,000 | n/a | 0.0% | |
| IAA Credit Union | $855,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $740,000 | $850,000 | 14.9% | 0.0% |
| RESIDENTIAL BANCORP | $145,000 | $835,000 | 475.9% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,420,000 | $770,000 | -45.8% | 0.0% |
| VAN DYK MORTGAGE CORPORATION | $765,000 | n/a | 0.0% | |
| First Savings Bank | $1,485,000 | $755,000 | -49.2% | 0.0% |
| First United Bank and Trust Company | $755,000 | n/a | 0.0% | |
| Home Loan Investment Bank, F.S.B. | $755,000 | n/a | 0.0% | |
| FIRST TECHNOLOGY | $2,525,000 | $735,000 | -70.9% | 0.0% |
| HighTechLending Inc | $630,000 | $735,000 | 16.7% | 0.0% |
| HomeTrust Bank | $4,300,000 | $715,000 | -83.4% | 0.0% |
| Tri Counties Bank | $1,440,000 | $700,000 | -51.4% | 0.0% |
| AMERITRUST MORTGAGE CORPORATION | $680,000 | n/a | 0.0% | |
| CORNERSTONE HOME LENDING, INC. | $790,000 | $675,000 | -14.6% | 0.0% |
| TOWNE MORTGAGE COMPANY | $670,000 | n/a | 0.0% | |
| Kaiperm Diablo Federal Credit Union | $655,000 | n/a | 0.0% | |
| Raymond James Bank | $4,305,000 | $655,000 | -84.8% | 0.0% |
| INTELLILOAN, INC. | $650,000 | n/a | 0.0% | |
| MORIA DEVELOPMENT, INC. | $635,000 | n/a | 0.0% | |
| 5TH STREET CAPITAL, INC. | $505,000 | $605,000 | 19.8% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $1,700,000 | $605,000 | -64.4% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $605,000 | $605,000 | 0.0% | 0.0% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $690,000 | $590,000 | -14.5% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $370,000 | $580,000 | 56.8% | 0.0% |
| Armed Forces Bank | $1,475,000 | $575,000 | -61.0% | 0.0% |
| RESIDENTIAL WHOLESALE MORTGAGE, INC. | $205,000 | $570,000 | 178.0% | 0.0% |
| Paramount Bank | $565,000 | n/a | 0.0% | |
| University Bank | $565,000 | n/a | 0.0% | |
| LAFAYETTE FEDERAL CREDIT UNION | $560,000 | n/a | 0.0% | |
| Nations Lending Corporation | $655,000 | $560,000 | -14.5% | 0.0% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $215,000 | $560,000 | 160.5% | 0.0% |
| GARDNER FINANCIAL SERVICES, LTD. | $555,000 | n/a | 0.0% | |
| BOKF | $545,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $1,735,000 | $545,000 | -68.6% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $535,000 | n/a | 0.0% | |
| Bank of Idaho | $525,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $1,350,000 | $525,000 | -61.1% | 0.0% |
| First Bank | $565,000 | $505,000 | -10.6% | 0.0% |
| NETWORK CAPITAL FUNDING CORPORATION | $500,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $495,000 | n/a | 0.0% | |
| BELEM SERVICING LLC | $2,000,000 | $475,000 | -76.3% | 0.0% |
| SILVER STATE SCHOOLS SERVICE COMPANY, LLC | $335,000 | $475,000 | 41.8% | 0.0% |
| LOGIX FEDERAL CREDIT UNION | $1,470,000 | $460,000 | -68.7% | 0.0% |
| STANFORD Federal Credit Union | $455,000 | n/a | 0.0% | |
| ML Mortgage Corp. | $445,000 | n/a | 0.0% | |
| PREMIA MORTGAGE, LLC | $485,000 | $445,000 | -8.2% | 0.0% |
| MORTGAGEONE, INC. | $435,000 | n/a | 0.0% | |
| NP, Inc. | $415,000 | n/a | 0.0% | |
| El Dorado Savings Bank, F.S.B. | $350,000 | $405,000 | 15.7% | 0.0% |
| F&A Federal Credit Union | $890,000 | $405,000 | -54.5% | 0.0% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $405,000 | n/a | 0.0% | |
| North American Savings Bank, F.S.B. | $405,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $35,000 | $405,000 | 1,057.1% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $395,000 | n/a | 0.0% | |
| First National Bank | $800,000 | $385,000 | -51.9% | 0.0% |
| ANDREWS FEDERAL CREDIT UNION | $375,000 | n/a | 0.0% | |
| Grand Bank for Savings, FSB | $335,000 | $365,000 | 9.0% | 0.0% |
| DIAMOND RESIDENTIAL MORTGAGE CORPORATION | $2,205,000 | $355,000 | -83.9% | 0.0% |
| DIGNIFIED HOME LOANS, LLC | $355,000 | n/a | 0.0% | |
| Farm Credit Mid-America, ACA | $355,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $600,000 | $345,000 | -42.5% | 0.0% |
| FOUNDATION MORTGAGE CORPORATION | $335,000 | n/a | 0.0% | |
| Union Savings Bank | $335,000 | n/a | 0.0% | |
| East West Bank | $33,260,000 | $305,000 | -99.1% | 0.0% |
| Elements Financial Federal Credit Union | $305,000 | n/a | 0.0% | |
| Willamette Valley Bank | $305,000 | n/a | 0.0% | |
| MORTGAGE MANAGEMENT CONSULTANTS, INC. | $295,000 | n/a | 0.0% | |
| CLARK COUNTY CREDIT UNION | $105,000 | $290,000 | 176.2% | 0.0% |
| MidFirst Bank | $285,000 | n/a | 0.0% | |
| V.I.P. MORTGAGE, INC. | $505,000 | $285,000 | -43.6% | 0.0% |
| Regions Bank | $275,000 | n/a | 0.0% | |
| CORPORATE AMERICA FAMILY | $265,000 | n/a | 0.0% | |
| United States Senate Federal Credit Union | $105,000 | $215,000 | 104.8% | 0.0% |
| NuVision Federal Credit Union | $125,000 | $175,000 | 40.0% | 0.0% |
| CITIZENS EQUITY FIRST | $405,000 | $155,000 | -61.7% | 0.0% |
| DIGITAL Federal Credit Union | $1,580,000 | $155,000 | -90.2% | 0.0% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $155,000 | n/a | 0.0% | |
| ADVANCIAL | $145,000 | n/a | 0.0% | |
| Fortress Bank | $135,000 | n/a | 0.0% | |
| AFFINITY | $65,000 | n/a | 0.0% | |
| ATLANTA POSTAL | $65,000 | n/a | 0.0% | |
| AMERICAN HERITAGE FCU | $55,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $275,000 | $45,000 | -83.6% | 0.0% |
RENO's top lender by overall market share is GUILD MORTGAGE COMPANY, with 8.7% market share. In second place, with 7.7%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $279,035,000 in loans. In third place, with 5.3%, is QUICKEN LOANS, LLC, having originated $194,115,000 in loans. In fourth place, with 4.2%, is DHI MORTGAGE COMPANY, LTD., having originated $150,980,000 in loans. In fifth place, with 3.5%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $127,595,000 in loans.
RENO Housing Market Trends (Median, Average Prices & Listing Count)
Realtor.com - RENO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $422,450 (8.6%) | $1,040,487 (30.4%) | 1.57 | 999 |
| 2018-02-01 | $437,425 (9.4%) | $1,063,980 (29.4%) | 1.59 | 932 |
| 2018-03-01 | $438,250 (9.7%) | $1,010,958 (26.1%) | 1.54 | 952 |
| 2018-04-01 | $454,499 (13.6%) | $1,014,272 (27.2%) | 1.54 | 1,022 |
| 2018-05-01 | $443,736 (5.3%) | $959,068 (18.0%) | 1.48 | 1,145 |
| 2018-06-01 | $440,000 (3.1%) | $928,499 (13.9%) | 1.47 | 1,276 |
| 2018-07-01 | $435,000 (-0.9%) | $889,063 (-1.4%) | 1.45 | 1,605 |
| 2018-08-01 | $429,350 (0.0%) | $856,547 (-2.4%) | 1.44 | 1,804 |
| 2018-09-01 | $425,000 (-3.1%) | $828,412 (-7.7%) | 1.43 | 1,963 |
| 2018-10-01 | $410,625 (-4.5%) | $795,454 (-11.6%) | 1.39 | 2,052 |
| 2018-11-01 | $407,350 (-5.5%) | $799,562 (-13.0%) | 1.38 | 1,965 |
| 2018-12-01 | $400,000 (-7.0%) | $807,400 (-15.2%) | 1.38 | 1,838 |
| 2019-01-01 | $404,500 (-4.3%) | $845,774 (-18.7%) | 1.40 | 1,625 |
| 2019-02-01 | $412,438 (-5.7%) | $879,548 (-17.3%) | 1.39 | 1,505 |
| 2019-03-01 | $425,836 (-2.8%) | $891,009 (-11.9%) | 1.39 | 1,459 |
| 2019-04-01 | $433,811 (-4.6%) | $888,654 (-12.4%) | 1.38 | 1,468 |
| 2019-05-01 | $432,000 (-2.6%) | $849,059 (-11.5%) | 1.35 | 1,693 |
| 2019-06-01 | $445,000 (1.1%) | $842,455 (-9.3%) | 1.39 | 1,868 |
| 2019-07-01 | $440,475 (1.3%) | $842,069 (-5.3%) | 1.38 | 2,055 |
| 2019-08-01 | $439,936 (2.5%) | $849,114 (-0.9%) | 1.39 | 2,072 |
| 2019-09-01 | $439,916 (3.5%) | $862,092 (4.1%) | 1.41 | 2,007 |
| 2019-10-01 | $439,902 (7.1%) | $882,273 (10.9%) | 1.42 | 1,935 |
| 2019-11-01 | $439,000 (7.8%) | $919,632 (15.0%) | 1.44 | 1,726 |
| 2019-12-01 | $447,000 (11.8%) | $975,727 (20.9%) | 1.49 | 1,448 |
| 2020-01-01 | $449,000 (11.0%) | $1,028,567 (21.6%) | 1.50 | 1,241 |
| 2020-02-01 | $465,000 (12.7%) | $1,100,574 (25.1%) | 1.52 | 1,079 |
| 2020-03-01 | $464,700 (9.1%) | $1,079,483 (21.2%) | 1.46 | 1,105 |
| 2020-04-01 | $449,688 (3.7%) | $967,102 (8.8%) | 1.41 | 1,349 |
| 2020-05-01 | $472,635 (9.4%) | $993,083 (17.0%) | 1.44 | 1,339 |
| 2020-06-01 | $499,000 (12.1%) | $1,114,352 (32.3%) | 1.47 | 1,213 |
| 2020-07-01 | $509,000 (15.6%) | $982,545 (16.7%) | 1.48 | 1,061 |
| 2020-08-01 | $499,000 (13.4%) | $989,975 (16.6%) | 1.43 | 946 |
| 2020-09-01 | $527,500 (19.9%) | $1,003,750 (16.4%) | 1.51 | 856 |
| 2020-10-01 | $510,000 (15.9%) | $1,083,108 (22.8%) | 1.46 | 766 |
| 2020-11-01 | $499,500 (13.8%) | $1,091,599 (18.7%) | 1.46 | 609 |
| 2020-12-01 | $512,250 (14.6%) | $1,115,228 (14.3%) | 1.52 | 482 |
| 2021-01-01 | $499,950 (11.4%) | $1,103,396 (7.3%) | 1.49 | 420 |
| 2021-02-01 | $482,500 (3.8%) | $957,645 (-13.0%) | 1.40 | 363 |
| 2021-03-01 | $479,975 (3.3%) | $986,196 (-8.6%) | 1.36 | 398 |
| 2021-04-01 | $490,000 (9.0%) | $848,962 (-12.2%) | 1.33 | 646 |
| 2021-05-01 | $510,000 (7.9%) | $911,590 (-8.2%) | 1.35 | 498 |
| 2021-06-01 | $559,950 (12.2%) | $978,725 (-12.2%) | 1.47 | 504 |
| 2021-07-01 | $575,000 (13.0%) | $998,124 (1.6%) | 1.52 | 634 |
| 2021-08-01 | $577,000 (15.6%) | $1,025,661 (3.6%) | 1.54 | 791 |
| 2021-09-01 | $572,750 (8.6%) | $1,022,032 (1.8%) | 1.53 | 881 |
| 2021-10-01 | $580,500 (13.8%) | $1,009,103 (-6.8%) | 1.55 | 908 |
| 2021-11-01 | $575,000 (15.1%) | $1,036,700 (-5.0%) | 1.54 | 804 |
| 2021-12-01 | $562,450 (9.8%) | $1,067,492 (-4.3%) | 1.52 | 593 |
| 2022-01-01 | $569,000 (13.8%) | $1,148,206 (4.1%) | 1.54 | 500 |
| 2022-02-01 | $578,500 (19.9%) | $1,246,568 (30.2%) | 1.50 | 438 |
| 2022-03-01 | $589,250 (22.8%) | $1,266,552 (28.4%) | 1.48 | 483 |
| 2022-04-01 | $620,000 (26.5%) | $1,137,183 (34.0%) | 1.48 | 676 |
| 2022-05-01 | $645,750 (26.6%) | $1,112,030 (22.0%) | 1.48 | 1,012 |
| 2022-06-01 | $636,600 (13.7%) | $1,094,007 (11.8%) | 1.42 | 1,475 |
| 2022-07-01 | $599,900 (4.3%) | $1,037,343 (3.9%) | 1.35 | 1,840 |
| 2022-08-01 | $595,000 (3.1%) | $1,006,173 (-1.9%) | 1.38 | 1,946 |
| 2022-09-01 | $577,000 (0.7%) | $980,782 (-4.0%) | 1.35 | 1,923 |
| 2022-10-01 | $569,900 (-1.8%) | $986,996 (-2.2%) | 1.34 | 1,905 |
| 2022-11-01 | $552,499 (-3.9%) | $1,020,644 (-1.6%) | 1.33 | 1,723 |
| 2022-12-01 | $550,000 (-2.2%) | $1,035,305 (-3.0%) | 1.36 | 1,423 |
| 2023-01-01 | $554,900 (-2.5%) | $1,055,268 (-8.1%) | 1.37 | 1,171 |
| 2023-02-01 | $568,463 (-1.7%) | $1,108,931 (-11.0%) | 1.37 | 977 |
| 2023-03-01 | $588,500 (-0.1%) | $1,101,231 (-13.1%) | 1.39 | 881 |
| 2023-04-01 | $614,414 (-0.9%) | $1,136,690 (0.0%) | 1.43 | 844 |
| 2023-05-01 | $629,950 (-2.5%) | $1,166,259 (4.9%) | 1.43 | 991 |
| 2023-06-01 | $644,125 (1.2%) | $1,164,662 (6.5%) | 1.45 | 1,112 |
| 2023-07-01 | $650,000 (8.4%) | $1,219,221 (17.5%) | 1.48 | 1,197 |
| 2023-08-01 | $646,975 (8.7%) | $1,232,864 (22.5%) | 1.49 | 1,229 |
| 2023-09-01 | $635,393 (10.1%) | $1,209,640 (23.3%) | 1.48 | 1,306 |
| 2023-10-01 | $621,250 (9.0%) | $1,217,631 (23.4%) | 1.46 | 1,309 |
| 2023-11-01 | $600,000 (8.6%) | $1,196,748 (17.3%) | 1.43 | 1,233 |
| 2023-12-01 | $595,000 (8.2%) | $1,189,094 (14.9%) | 1.45 | 1,101 |
| 2024-01-01 | $599,710 (8.1%) | $1,201,327 (13.8%) | 1.46 | 988 |
| 2024-02-01 | $599,500 (5.5%) | $1,214,911 (9.6%) | 1.44 | 889 |
| 2024-03-01 | $615,000 (4.5%) | $1,217,656 (10.6%) | 1.45 | 887 |
| 2024-04-01 | $617,438 (0.5%) | $1,227,247 (8.0%) | 1.44 | 972 |
| 2024-05-01 | $637,500 (1.2%) | $1,215,352 (4.2%) | 1.45 | 1,127 |
| 2024-06-01 | $619,000 (-3.9%) | $1,182,943 (1.6%) | 1.41 | 1,393 |
| 2024-07-01 | $614,500 (-5.5%) | $1,175,103 (-3.6%) | 1.41 | 1,573 |
| 2024-08-01 | $599,900 (-7.3%) | $1,169,155 (-5.2%) | 1.40 | 1,665 |
| 2024-09-01 | $599,450 (-5.7%) | $1,155,204 (-4.5%) | 1.41 | 1,689 |
| 2024-10-01 | $599,487 (-3.5%) | $1,104,807 (-9.3%) | 1.41 | 1,676 |
| 2024-11-01 | $594,322 (-1.0%) | $1,091,831 (-8.8%) | 1.43 | 1,601 |
| 2024-12-01 | $575,000 (-3.4%) | $1,012,969 (-14.8%) | 1.43 | 1,412 |
| 2025-01-01 | $569,998 (-5.0%) | $1,067,920 (-11.1%) | 1.42 | 1,274 |
| 2025-02-01 | $572,500 (-4.5%) | $1,050,111 (-13.6%) | 1.39 | 1,224 |
| 2025-03-01 | $569,250 (-7.4%) | $1,048,358 (-13.9%) | 0.00 | 1,250 |
RENO's median listing price for 2025-03-01 was $569,250, a difference of
$-45,750
(-7.4%) versus the prior year and
$-3,250 versus the prior month.
RENO's median listing price comes in at 0% of the national average.
RENO's average listing price for 2025-03-01 was $1,048,358, a difference of $-169,298 (-13.9%) versus the prior year and $-1,753 versus the prior month.
For the 2025-03-01 period, RENO had 1,250 MLS listings, a difference of 26 listings (2%) versus the prior month and 363 listings (41%) versus the prior year.
RENO's median listing price comes in at 0% of the national average.
RENO's average listing price for 2025-03-01 was $1,048,358, a difference of $-169,298 (-13.9%) versus the prior year and $-1,753 versus the prior month.
For the 2025-03-01 period, RENO had 1,250 MLS listings, a difference of 26 listings (2%) versus the prior month and 363 listings (41%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - RENO (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 78 days | 2,222 sqft |
| 2018-02-01 | 54 days | 2,224 sqft |
| 2018-03-01 | 45 days | 2,174 sqft |
| 2018-04-01 | 44 days | 2,204 sqft |
| 2018-05-01 | 36 days | 2,095 sqft |
| 2018-06-01 | 37 days | 2,081 sqft |
| 2018-07-01 | 38 days | 2,064 sqft |
| 2018-08-01 | 41 days | 2,031 sqft |
| 2018-09-01 | 45 days | 2,018 sqft |
| 2018-10-01 | 52 days | 1,996 sqft |
| 2018-11-01 | 60 days | 1,980 sqft |
| 2018-12-01 | 71 days | 1,989 sqft |
| 2019-01-01 | 78 days | 1,969 sqft |
| 2019-02-01 | 69 days | 1,993 sqft |
| 2019-03-01 | 56 days | 2,044 sqft |
| 2019-04-01 | 44 days | 2,093 sqft |
| 2019-05-01 | 40 days | 2,077 sqft |
| 2019-06-01 | 43 days | 2,113 sqft |
| 2019-07-01 | 45 days | 2,086 sqft |
| 2019-08-01 | 49 days | 2,068 sqft |
| 2019-09-01 | 56 days | 2,073 sqft |
| 2019-10-01 | 61 days | 2,079 sqft |
| 2019-11-01 | 65 days | 2,074 sqft |
| 2019-12-01 | 71 days | 2,120 sqft |
| 2020-01-01 | 72 days | 2,121 sqft |
| 2020-02-01 | 58 days | 2,169 sqft |
| 2020-03-01 | 38 days | 2,122 sqft |
| 2020-04-01 | 41 days | 2,067 sqft |
| 2020-05-01 | 45 days | 2,123 sqft |
| 2020-06-01 | 44 days | 2,222 sqft |
| 2020-07-01 | 42 days | 2,230 sqft |
| 2020-08-01 | 42 days | 2,148 sqft |
| 2020-09-01 | 33 days | 2,166 sqft |
| 2020-10-01 | 45 days | 2,090 sqft |
| 2020-11-01 | 53 days | 2,026 sqft |
| 2020-12-01 | 57 days | 2,045 sqft |
| 2021-01-01 | 47 days | 2,011 sqft |
| 2021-02-01 | 33 days | 1,862 sqft |
| 2021-03-01 | 19 days | 1,822 sqft |
| 2021-04-01 | 18 days | 1,801 sqft |
| 2021-05-01 | 27 days | 1,832 sqft |
| 2021-06-01 | 29 days | 1,891 sqft |
| 2021-07-01 | 29 days | 1,976 sqft |
| 2021-08-01 | 29 days | 1,944 sqft |
| 2021-09-01 | 32 days | 1,935 sqft |
| 2021-10-01 | 37 days | 2,001 sqft |
| 2021-11-01 | 41 days | 1,960 sqft |
| 2021-12-01 | 50 days | 1,933 sqft |
| 2022-01-01 | 53 days | 1,923 sqft |
| 2022-02-01 | 33 days | 1,922 sqft |
| 2022-03-01 | 29 days | 1,948 sqft |
| 2022-04-01 | 27 days | 2,024 sqft |
| 2022-05-01 | 26 days | 2,022 sqft |
| 2022-06-01 | 30 days | 2,015 sqft |
| 2022-07-01 | 37 days | 1,979 sqft |
| 2022-08-01 | 47 days | 1,990 sqft |
| 2022-09-01 | 57 days | 1,965 sqft |
| 2022-10-01 | 63 days | 1,959 sqft |
| 2022-11-01 | 69 days | 1,964 sqft |
| 2022-12-01 | 82 days | 1,958 sqft |
| 2023-01-01 | 92 days | 1,962 sqft |
| 2023-02-01 | 89 days | 1,973 sqft |
| 2023-03-01 | 62 days | 1,994 sqft |
| 2023-04-01 | 46 days | 2,078 sqft |
| 2023-05-01 | 37 days | 2,089 sqft |
| 2023-06-01 | 38 days | 2,117 sqft |
| 2023-07-01 | 42 days | 2,164 sqft |
| 2023-08-01 | 44 days | 2,141 sqft |
| 2023-09-01 | 50 days | 2,109 sqft |
| 2023-10-01 | 56 days | 2,088 sqft |
| 2023-11-01 | 60 days | 2,070 sqft |
| 2023-12-01 | 71 days | 2,021 sqft |
| 2024-01-01 | 76 days | 2,005 sqft |
| 2024-02-01 | 69 days | 2,002 sqft |
| 2024-03-01 | 51 days | 2,011 sqft |
| 2024-04-01 | 41 days | 2,022 sqft |
| 2024-05-01 | 34 days | 1,996 sqft |
| 2024-06-01 | 38 days | 1,960 sqft |
| 2024-07-01 | 45 days | 1,958 sqft |
| 2024-08-01 | 51 days | 1,938 sqft |
| 2024-09-01 | 56 days | 1,904 sqft |
| 2024-10-01 | 58 days | 1,929 sqft |
| 2024-11-01 | 64 days | 1,874 sqft |
| 2024-12-01 | 74 days | 1,835 sqft |
| 2025-01-01 | 75 days | 1,832 sqft |
| 2025-02-01 | 65 days | 1,822 sqft |
| 2025-03-01 | 0 days | 1,818 sqft |
RENO's median listing age (time on market) for 2025-03-01 was 0 days.
This
is -100%
shorter
than the same period one year ago.
RENO's median square footage for active listings during the 2025-03-01 period was 1,818 sqft. One year prior, the average listing was 2,011 sqft.
RENO's median square footage for active listings during the 2025-03-01 period was 1,818 sqft. One year prior, the average listing was 2,011 sqft.
RENO, NV Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 5,129 | $2,513,155,000 | $489,989 |
| Cash Out Refi | 1,372 | $386,410,000 | $281,640 |
| Refi | 875 | $477,455,000 | $545,663 |
| Home Improvement | 869 | $124,455,000 | $143,216 |
| Other | 799 | $128,055,000 | $160,269 |
| NA | 10 | $3,130,000 | $313,000 |
Reno's most frequently cited loan purpose was Home Purchase, with 5,129 originations. The 2nd most popular reason was Cash Out Refi, with 1,372 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 3,296 | $1,477,320,000 | $448,216 |
| Over 8% | 2,091 | $319,515,000 | $152,805 |
| 7-8% | 1,626 | $690,250,000 | $424,508 |
| 5-6% | 1,553 | $946,065,000 | $609,185 |
| 4-5% | 322 | $149,350,000 | $463,820 |
| <2.5% | 116 | $4,390,000 | $37,845 |
| 2.5-3% | 21 | $7,615,000 | $362,619 |
| 3-4% | 15 | $5,425,000 | $361,667 |
During 2024, Reno's most frequently originated rate bucket was 6-7%, with 3,296 originations.
Loan Sizing (RENO, NV MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 2,602 | $805,240,000 | $309,470 |
| $400k-600k | 2,527 | $1,211,825,000 | $479,551 |
| $100,000 or less | 1,588 | $87,350,000 | $55,006 |
| $100k-200k | 1,169 | $162,595,000 | $139,089 |
| $600k-1000k | 908 | $648,990,000 | $714,747 |
| $Over $1MM | 260 | $716,660,000 | $2,756,385 |
RENO's loan sizing saw the bucket of loans from $200k-400k with 2,602 originations, totaling $805,240,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 3,037 | $1,476,615,000 | $486,208 |
| Under 20% | 2,016 | $166,050,000 | $82,366 |
| 60-80% | 1,856 | $1,027,340,000 | $553,524 |
| 40-60% | 970 | $590,430,000 | $608,691 |
| 20-40% | 943 | $226,735,000 | $240,440 |
| Over 100% | 96 | $62,570,000 | $651,771 |
RENO's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 3,037 originations, totaling $1,476,615,000 in origination value.