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 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 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.
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.
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.
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.
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.
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.
Michael Robinson II
Chase International-Damonte
(775) 204-7637
55 Total Sales
3 in Panther Valley
$360K - $435K Price Range
J.P. Menante
Dickson Realty - Downtown
(775) 305-7967
94 Total Sales
2 in Panther Valley
$355K - $404K Price Range
Ann Delfin
Fathom Realty
(775) 451-3671
59 Total Sales
3 in Panther Valley
$323K - $405K Price Range
Tamara Murry
Intrepid Realty LLC
(775) 364-5576
40 Total Sales
1 in Panther Valley
$355,000 Price
Samuel Whiteside
RE/MAX Realty Affiliates
(775) 245-4265
105 Total Sales
1 in Panther Valley
$385,000 Price
Samantha Saquella
RE/MAX Professionals-Reno
(775) 204-0396
66 Total Sales
1 in Panther Valley
$464,900 Price
On average, homes in Panther Valley, Reno sell after 63 days on the market compared to the national average of 55 days. The median sale price for homes in Panther Valley, Reno over the last 12 months is $405,000, consistent with the median home sale price over the previous 12 months.
|
Median List Price
$417,450
|
Median Sale Price
$405,000
|
|
Median Single Family Sale Price
$497,500
|
Median Townhouse Sale Price
$351,000
|
|
Median 2 Bedroom Sale Price
$360,000
|
Median Change From 1st List Price
2%
|
|
Last 12 months Home Sales
61
|
Median Home Sale Price YoY Change
0%
|
|
Average Price Per Sq Ft
$282
|
|
|
Number of Homes
997
|
Number of Homes for Sale
7
|
|
Median Year Built
2006
|
Months of Supply
1.40
|
|
Average Single Family Home Size Sq Ft
1,724
Below the national average
1,935
|
Average Townhouse Size Sq Ft
1,227
|
|
Average 2 Bedroom Size Sq Ft
1,372
|
Average 1 Bedroom Size Sq Ft
798
|
|
Median Lot Size Sq Ft
6,969
|
|
$1,493 - $4,987 per month
$1,507 - $1,931 per month
$1,995 per month
$1,875 per month
|
Number of Homes for Rent
10
|
Median Rent
$2,200
|
|
Median Single Family Home Rent
$2,550
|
Median 4 Bedroom Single Family Home Rent
$3,248
|
|
Median Townhouse Rent
$2,125
|
Median 3 Bedroom Townhouse Rent
$2,350
|
|
Median Condo Rent
$2,067
|
Median 2 Bedroom Condo Rent
$2,067
|
|
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%
|
|
|
Median Household Income
$75,881
On par with the national average
$79,597
|
Average Household Income
$93,426
|
|
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
64.9%
|
|
Annual Precipitation
6''
|
Average Winter Low Temperature
26°F
|
|
Average Summer High Temperature
93°F
|
Annual Snowfall
24''
|
Bikeability
Walkability
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
Between the mountains and Reno, this bedroom community is close to everything
Eclectic community with shopping centers, everyday essentials, easy roadway access
A 1950s manufactured housing community with a strong community spirit
A new place to live, work and play in the Biggest Little City in the World
A residential neighborhood where college town meets suburbia and shopping
Reno is known as "The Biggest Little City in the World"
