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Panther Valley

Panther Valley

Suburban Neighborhood in Reno, Nevada

Washoe County 89503, 89506, 89512

$423,665 Average Value
$281 Average Price per Sq Ft
13 Homes For Sale

A valley in the mountains

Set against the backdrop of Peavine Mountain, Panther Valley provides an outdoor oasis for those who like to explore. The mountainous terrain and desert hills offer ample hiking trails, and the parks are a mountain biker's dream. With new home developments opening up around the neighborhood, so does the opportunity for new residents to get in on the action.
Panther Valley is located less than fifteen minutes from Downtown Reno.
Panther Valley is located less than fifteen minutes from Downtown Reno.
The large N for Nevada is a visual queue you're entering Panther Valley.
The large N for Nevada is a visual queue you're entering Panther Valley.
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New townhouses to call home

Panther Valley has a variety of home styles that fit all kinds of personalities and families. From colorful to contemporary, there’s something for everyone. Modern takes on one-story Craftsman from the late 1990s and early 2000s sit on concrete slabs and have prominent multicar garages, while larger contemporary properties don stone façades with elevated entrances and spacious semicircle driveways. Several new townhouse developments have appeared around the community, and the community has an excellent view of the Sierra Nevada Mountains, Mount Rose and the famous Nevada “N.” Prices in the area generally range from the $200,000s to the $500,000s, with most new builds in the $400,000s.
Panther Valley has several communities that offer new townhomes with spectacular views.
Panther Valley has several communities that offer new townhomes with spectacular views.
Panther Valley has many properties with large lots and lack of surrounding neighbors.
Panther Valley has many properties with large lots and lack of surrounding neighbors.
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Sports courts are the norm

Panther Valley Park is a great escape to enjoy the great outdoors. Its spray ground keeps the kiddies cool when the weather is warm. The tennis, volleyball and exercise courts keep the fitness fanatics active, and the skate park provides a place for boarders to practice their tricks. With challenging bike trails set in the desert hills, Keystone Bike Park is easily accessible for residents who enjoy mountain biking. Because of the area’s mountainous terrain, residents have access to several trails for walking, hiking and biking.
Panther Valley has a water play station for kids to cool off in summer.
Panther Valley has a water play station for kids to cool off in summer.
Panther Valley has its own skate park for residents to utilize.
Panther Valley has its own skate park for residents to utilize.
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An Honor Grant High School

Served by the Washoe County School District, students can attend Peavine Elementary School and Archie Clayton Middle School before enrolling in North Valleys High School. Selected by the Nevada Department of Education and the International Center for Leadership in Education as an Honor Grant High School, North Valleys holds an overall Niche grade of B-minus. Peavine and Clayton have a B-plus.

Spring into gardening

The Reno Spring Home & Garden Show is a well-attended every March. Held at the Reno-Sparks Convention Center, the event caters to those with green thumbs and growing gardens. The Reno Jazz Festival brings together lovers of the genre and offers live performances, workshops and clinics to sharpen musicians’ skills.
Bus stops can be found sprinkled along main roadways in Panther Valley.
Bus stops can be found sprinkled along main roadways in Panther Valley.

The road to casinos

US Route 395 runs directly through the community, connecting residents to State Route 659 and Interstates 80 and 580. Access to these thoroughfares allows residents access to several locations in surrounding areas, including the University of Nevada – Reno, Downtown Reno and several casinos. RTC bus stops are also scattered about the community for those looking to lessen their carbon footprint.

Tasty quesadillas at Carnieceria

While shopping may be minimal in Panther Valley, there’s plenty of it just north of the community in Golden Valley. Raley’s is the go-to for groceries and everyday essentials. For people with furry friends at home, the local Pet Station carries everything needed to keep the fur babies happy. Carnieceria Tejaro may be small in size but big it’s in flavor as it serves up authentic Mexican dishes, including its birria quesadillas. Downtown Reno is just a hop and skip away down US Route 395 for more enjoyable eateries.
Carniceria Tejaro has a small kitchen but serves up the best Mexican Food in Panther Valley.
Carniceria Tejaro has a small kitchen but serves up the best Mexican Food in Panther Valley.
Grab some authentic Burria Quesadillas while visiting Panther Valley.
Grab some authentic Burria Quesadillas while visiting Panther Valley.
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Panther Valley residents can have a fun night out gambling without going far from home.
Panther Valley residents can have a fun night out gambling without going far from home.

Flashing lights

The casino industry made Reno the Biggest Little City in the World, and residents can easily enjoy the flashing lights and ringing bells of it all. The Bonanza Casino sits right in the center of the community and has all the normal comforts a casino can offer, including dining at Cactus Creek Prime Steakhouse and Branding Iron Café. Free Play Fridays is a popular part of the week as the casino gives away $50 in free slot play every 10 minutes from 3:00 – 11:00 pm.
Kent Olden
Written By
Kent Olden
Jeremy Jensen
Photography Contributed By
Jeremy Jensen
Celeste Thoms
Video By
Celeste Thoms

Agents Specializing in this Area

  • Ashtyn Harding

    Ashtyn Harding

    Ink Realty

    (775) 414-6676

    43 Total Sales

    1 in Panther Valley

    $150,000 Price

    Ashtyn Harding
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  • Sarah Carmona Zink

    Sarah Carmona Zink

    Responds Quickly

    Reno/Tahoe Realty Group, LLC

    (775) 204-7136

    36 Total Sales

    1 in Panther Valley

    $175,000 Price

    Sarah Carmona Zink
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  • Sandra Gabrielli

    Sandra Gabrielli

    RE/MAX Professionals-Sparks

    (775) 204-4035

    160 Total Sales

    1 in Panther Valley

    $368,500 Price

    Sandra Gabrielli
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  • Christi Mercurio

    Christi Mercurio

    Allison James Estates & Homes

    (775) 227-5686

    92 Total Sales

    1 in Panther Valley

    $405,000 Price

    Christi Mercurio
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  • Jordan Ames

    Jordan Ames

    eXp Realty, LLC

    (775) 402-9871

    126 Total Sales

    1 in Panther Valley

    $570,000 Price

    Jordan Ames
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  • Maria Lonato-Arias

    Maria Lonato-Arias

    Hello Real Estate Center

    (775) 414-7216

    151 Total Sales

    6 in Panther Valley

    $275K - $440K Price Range

    Maria Lonato-Arias
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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
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Interested in learning more about homes in this area? Reach out to Ashtyn Harding, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Reno/Tahoe International

31 min drive

Bus

S Virginia Street And Hoge Road

Bus

N Virginia Street And E Parr Boulevard

Bus

N Virginia Street & Bonanza Square

Crime and Safety

1 - Low Crime, 10 - High Crime Panther Valley US
Homicide 4 4
Sexual Assault 4 4
Assault with Weapon 4 4
Robbery 4 4
Burglary 3 4
Motor Vehicle Theft 4 4
Larceny 3 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Panther Valley Demographics and Home Trends

On average, homes in Panther Valley, Reno sell after 44 days on the market compared to the national average of 49 days. The median sale price for homes in Panther Valley, Reno over the last 12 months is $384,000, down 10% from the median home sale price over the previous 12 months.

Housing Trends

Median List Price
$390,000
Median Sale Price
$384,000
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$217,000
Median Change From 1st List Price
1%
Last 12 months Home Sales
45
Median Home Sale Price YoY Change
-10%
Average Price Per Sq Ft
$281

Neighborhood Facts

Number of Homes in Neighborhood
1,296
Number of Homes for Sale
13
Median Year Built
2005
Months of Supply
3.50
Average Single Family Home Size Sq Ft
1,633
Below the national average
1,933
Average Townhouse Size Sq Ft
1,220
Average 2 Bedroom Size Sq Ft
1,362
Average 1 Bedroom Size Sq Ft
798
Median Lot Size Sq Ft
7,405

Open Houses

  • Sunday, Jun 15
    12 - 3pm

    1448 Hagar Rd, Reno, NV 89506

    $515,000

    • 3 Beds
    • 2 Baths
    • 1,703 Sq Ft
    • 1448 Hagar Rd

    Single-story gem with unobstructed mountain, city, and valley views, located at the entrance of a cul-de-sac in Panther Valley. Enjoy privacy with no rear neighbors, a 3-car garage, and direct access to hiking and biking trails just steps away. Features include new flooring and fresh paint (2023), a functional layout, and a low-maintenance backyard perfect for relaxing or entertaining. Just 8

    Lillian Wong Sierra Nevada Properties-Reno

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Distribution of Home Values

Source: Public Records

Homes for Sale

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Homes for Rent

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Interested in learning more about homes in this area? Reach out to Ashtyn Harding, an experienced agent in this neighborhood.

Average Home Value

Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
6,228
Median Age
35
Population Density
4 ppl/acre
Population under 18
22.7%
On par with the national average
23.8%
Population over 65
11.8%
Below the national average
19.1%

Finances

Median Household Income
$75,881
Above the national average
$71,702
Average Household Income
$93,426

Education and Workforce

High School Graduates
82.1%
College Graduates
17.7%
Below the national average
34.1%
Advanced Degrees
6.2%
% Population in Labor Force
53.3%
Below the national average
65.1%

Weather

Annual Precipitation
6''
Average Winter Low Temperature
26°F
Average Summer High Temperature
93°F
Annual Snowfall
24''

Area Factors

Somewhat Bikeable

Bike Score®

15 / 100

Car-Dependent

Walk Score®

27 / 100

Some Transit

Transit Score®

26 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Learn How Walk Score Works

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Reviews

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Nevada Washoe County Reno
Panther Valley
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Panther Valley
Ashtyn Harding
Ink Realty
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Ashtyn Harding
Ashtyn Harding
Ink Realty
Agent experienced in this area
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