Reno, TX Housing Market: 46 Homes Sold (September 2025 to September 2026)
Buyers hold the cards: most homes sell under asking and take about 82 days to find a buyer.
Reno market at a glance
- Homes sold (12 months): 46
- Median sale price: $482,200 (about $2,743/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $211
- Median days on market (list to contract): 82; 4.3% went under contract within a week
- Sold over asking: 13% · Sold under asking: 58.7%
- Typical home: 4 bed, 2,275 sqft, built 2024, mostly Springtown ISD
- Price range of sales: $190,000 – $1,062,500
- On the market right now: 18 active listings, 4 under contract, 4.7 months of supply, median asking $584,450
- How buyers paid: Conventional 45.7%, FHA 17.4%, VA 19.6%, Cash 15.2%, Other 2.2%
- Seller contributions: 45.7% of sellers chipped in, typically $10,000
- Contract to close: about 30 days
- HOA: 26.1% of sales had a mandatory HOA, typically $25/month
- New construction: 50% of sales, median $484,500 vs $479,000 resale
Five-year price history in Reno
Median sale price by quarter: 2022 Q1: $430,000 · 2023 Q1: $509,900 · 2024 Q1: $479,900 · 2025 Q1: $472,500 · 2026 Q3: $497,750.
Median price by elementary school zone
- Reno: 26 sales, median $460,000, $212/sqft
- Springtown: 10 sales, median $504,450, $211/sqft
Pricing right vs. cutting the price in Reno
Sellers who held their original asking price sold in 51 days at 99% of ask. Sellers who overpriced and later cut took 106 days and kept 94.2% of the original ask, roughly $23,800 left on the table on a typical Reno listing.
Most active Reno neighborhoods
- Rocky Top Ranch: 8 sales, median $499,700, 80 days on market
Nearby markets
Weatherford · Aledo · Springtown · Poolville · Willow Park · Millsap
Common questions
Is now a good time to buy in Reno? Buyers hold the cards: most homes sell under asking and take about 82 days to find a buyer.
What does the typical Reno home cost? $482,200, about $211 per square foot, or roughly $2,743/month with 10% down before taxes and insurance.
How fast do homes sell in Reno? The typical home went under contract in 82 days; 4.3% sold within the first week.
Source: NTREIS MLS closed sales, September 5 2025 to September 5 2026. Aggregate data only; Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Text Ryan · Call/text (972) 974-1821.