Why Live in Panther Valley
Panther Valley in Reno is a neighborhood set against the scenic backdrop of Peavine Mountain, offering a variety of outdoor activities. The area is ideal for hiking and mountain biking enthusiasts, with numerous trails and parks such as Panther Valley Park and Keystone Bike Park. Panther Valley Park features a spray ground, tennis and volleyball courts, exercise areas, and a skate park. The neighborhood has a mix of home styles, including one-story Craftsman homes from the late 1990s and early 2000s, contemporary properties with stone façades, and new townhouse developments. Residents enjoy views of the Sierra Nevada Mountains, Mount Rose, and the Nevada "N."
Local events include the Reno Spring Home & Garden Show and the Reno Jazz Festival, both held at the Reno-Sparks Convention Center. While shopping options within Panther Valley are limited, nearby Golden Valley offers grocery stores like Raley’s and specialty shops such as Pet Station and Carnieceria Tejaro. Downtown Reno, accessible via US Route 395, provides additional dining and entertainment options.
The neighborhood is served by the Washoe County School District, with highly rated schools like Peavine Elementary School and Archie Clayton Middle School. North Valleys High School, also in the district, has received recognition from the Nevada Department of Education. Panther Valley is well-connected with access to US Route 395, State Route 659, and Interstates 80 and 580, as well as RTC bus stops. The Bonanza Casino, located centrally in the community, offers dining and gaming options, including popular Free Play Fridays.
Frequently Asked Questions
Is Panther Valley a good place to live?
Panther Valley is a good place to live. Panther Valley is considered car-dependent and somewhat bikeable with some transit options. Panther Valley is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Panther Valley has 6 parks for recreational activities. It is fairly sparse in population with 3.2 people per acre and a median age of 35. The average household income is $93,426 which is below the national average. College graduates make up 17.7% of residents. A majority of residents in Panther Valley are home owners, with 40.5% of residents renting and 59.5% of residents owning their home. A
local real estate agent serving Panther Valley can help you decide if this neighborhood is the right one for you. Learn more on our
Panther Valley neighborhood guide.
Is Panther Valley, NV a safe neighborhood?
Panther Valley, NV is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Panther Valley?
The median home price in Panther Valley is $408,000. If you put a 20% down payment of $81,600 and had a 30-year fixed mortgage with an interest rate of 5.98%, your estimated principal and interest payment would be $1,950 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Panther Valley. Learn how much home you can afford with our
Home Affordability Calculator. The average household income in Panther Valley is $93K.
What are the best public schools in Panther Valley?
The best public schools that serve Panther Valley are:
What are the best private schools in Panther Valley?
The best private schools that serve Panther Valley are:
What are the most popular zip codes in Panther Valley, Reno, NV?
What are the most popular neighborhoods near Panther Valley, Reno, NV?
Home Trends in Panther Valley, NV
On average, homes in Panther Valley, Reno sell after 49 days on the market compared to the national average of 54 days. The median sale price for homes in Panther Valley, Reno over the last 12 months is $461,250, up 20% from the median home sale price over the previous 12 months.
Median Sale Price
$461,250
Median Single Family Sale Price
$475,000
Median Townhouse Sale Price
$360,000
Median 2 Bedroom Sale Price
$360,000
Median 1 Bedroom Sale Price
$174,500
Average Price Per Sq Ft
$277
Number of Homes for Sale
10
Last 12 months Home Sales
26
Median List Price
$408,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
20%