Reno, TX Housing Market — 52 Homes Sold (September 2025 – September 2026)
Buyers hold the cards: most homes sell under asking and take about 83 days to find a buyer.
Reno market at a glance
- Homes sold (12 months): 52
- Median sale price: $479,950 (about $2,730/month with 10% down at a 6.5% 30-year rate, principal & interest)
- Median price per square foot: $210
- Median days on market (list to contract): 83; 1.9% went under contract within a week
- Sold over asking: 9.6% · Sold under asking: 59.6%
- Typical home: 3.5 bed, 2,277 sqft, built 2024, mostly Springtown ISD
- Price range of sales: $190,000 – $1,062,500
- On the market right now: 14 active listings, 3 under contract, 3.2 months of supply, median asking $637,450
- How buyers paid: Conventional 46.2%, FHA 15.4%, VA 15.4%, Cash 19.2%, Other 3.8%
- Seller contributions: 46.2% of sellers chipped in, typically $10,000
- Contract to close: about 31 days
- HOA: 25% of sales had a mandatory HOA, typically $25/month
- New construction: 50% of sales, median $484,750 vs $477,000 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: 25 sales, median $445,000, $210/sqft
- Springtown: 15 sales, median $496,500, $209/sqft
- Hoover: 8 sales, median $484,750, $201/sqft
Pricing right vs. cutting the price in Reno
Sellers who held their original asking price sold in 63 days at 98.6% of ask. Sellers who overpriced and later cut took 90 days and kept 94.2% of the original ask — roughly $22,300 left on the table on a typical Reno listing.
Most active Reno neighborhoods
- Rocky Top Ranch: 10 sales, median $518,604, 87 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 83 days to find a buyer.
What does the typical Reno home cost? $479,950 — about $210 per square foot, or roughly $2,730/month with 10% down before taxes and insurance.
How fast do homes sell in Reno? The typical home went under contract in 83 days; 1.9% sold within the first week.
Source: NTREIS MLS closed sales, September 3 2025 – September 3 2026. Aggregate data only — Texas is a non-disclosure state. Compiled by Pax Realty (Ryan Storch, Broker). Explore all 186 cities · Full dataset · Book a strategy call · Call/text (972) 974-1821.