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Panther Valley Houses for Sale

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  • 3421 Colonial Downs Dr, Reno, NV 89512
    3421 Colonial Downs Dr, Reno, NV 89512
    3421 Colonial Downs Dr, Reno, NV 89512
    /27

    $490,000

    • 3 Beds
    • 2.5 Baths
    • 1,525 Sq Ft

    3421 Colonial Downs Dr, Reno, NV 89512

    This exceptional 3 bedroom, 2 bathroom home is a rare find, perfectly positioned on a quiet culdesac corner lot with NO rear neighbors and breathtaking mountain views. Thoughtfully designed and highly upgraded, this property showcases interior finishes hand-selected well above builder standards, creating a home that is as functional as it is beautiful. Inside, you'll be greeted by an inviting

    Tawny Garrick Sierra Sotheby's Intl. Realty

    3421 Colonial Downs Dr, Reno, NV 89512
  • 3566 Penn National Dr, Reno, NV 89512
    3566 Penn National Dr, Reno, NV 89512
    3566 Penn National Dr, Reno, NV 89512
    /35

    $490,000

    • 4 Beds
    • 2.5 Baths
    • 1,565 Sq Ft

    3566 Penn National Dr, Reno, NV 89512

    Welcome to this well-maintained home located just minutes from the University of Nevada, Reno. This spacious floor plan offers 4 bedrooms, 2 full bathrooms, and 1 half bath. The home features modern vinyl plank flooring throughout the main living areas and cozy carpeted bedrooms for added comfort.The backyard is thoughtfully designed to provide ample space for pets, outdoor entertaining,

    Donna Trischetti Haute Properties NV

    3566 Penn National Dr, Reno, NV 89512
  • 1447 Orca Way, Reno, NV 89506
    1447 Orca Way, Reno, NV 89506
    1447 Orca Way, Reno, NV 89506
    /28

    $495,000

    • 3 Beds
    • 2 Baths
    • 1,703 Sq Ft

    1447 Orca Way, Reno, NV 89506

    Discover this delightful single-story 3-bedroom, 2-bath home perfectly positioned for convenience and comfort. Fresh new carpet throughout adds a cozy touch, while the functional layout offers easy living for first-time buyers, downsizers, or savvy investors. The spacious 3-car garage provides ample room for vehicles, storage, or weekend projects.Just minutes from the University of Nevada,

    Alison Ryan LPT Realty, LLC

    1447 Orca Way, Reno, NV 89506
  • 5116 Northern Lights Dr, Reno, NV 89506
    5116 Northern Lights Dr, Reno, NV 89506
    5116 Northern Lights Dr, Reno, NV 89506
    /35

    $574,900

    • 3 Beds
    • 3 Baths
    • 2,554 Sq Ft

    5116 Northern Lights Dr, Reno, NV 89506

    Spacious and inviting, this large family-style home features a daylight basement and stunning, expansive mountain views. The open-concept layout includes a generous family room perfect for entertaining or relaxing, and three full bedrooms and baths offer comfort and flexibility for any lifestyle. Enjoy the convenience of a three-car garage and low-maintenance landscaping, ideal for busy families

    Jaime Moore Redfin

    5116 Northern Lights Dr, Reno, NV 89506
  • 3621 Pimlico St, Reno, NV 89512
    3621 Pimlico St, Reno, NV 89512
    3621 Pimlico St, Reno, NV 89512
    /27

    $499,900

    • 4 Beds
    • 2.5 Baths
    • 1,565 Sq Ft

    3621 Pimlico St, Reno, NV 89512

    Charming and updated 4-bedroom home located in the desirable Cottages at Comstock. This inviting residence features fresh interior paint, custom-painted cabinetry, luxury vinyl plank flooring, and sleek quartz countertops. Nestled in a quaint neighborhood with lovely views, the home offers a serene setting while still being conveniently close to UNR and providing quick access to 395. A perfect

    Jaime Moore Redfin

    3621 Pimlico St, Reno, NV 89512
Nevada Washoe County Reno Panther Valley

Houses for Sale in Panther Valley, Reno

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.
Learn more about living in Panther Valley

Home Trends in Panther Valley, NV

On average, homes in Panther Valley, Reno sell after 43 days on the market compared to the national average of 52 days. The median sale price for homes in Panther Valley, Reno over the last 12 months is $406,000, down 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$406,000
Median Single Family Sale Price
$483,500
Median Townhouse Sale Price
$349,000
Median 2 Bedroom Sale Price
$224,900
Median 1 Bedroom Sale Price
$175,000
Average Price Per Sq Ft
$273
Number of Homes for Sale
16
Last 12 months Home Sales
35
Months of Supply
5.50
Median List Price
$406,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%
How to Buy a Home How to Finance a Home How to Sell a Home

In Panther Valley, there are currently 5 houses for sale, offering a variety of options for prospective buyers. With houses ranging from $490,000 to $574,900, there's something for every budget. As of September, 2025 the median home price in Panther Valley, Reno is $406,000, while the average sale price is $415,425, providing insight into local market trends. On average, houses spend 43 days on the market before being sold. Whether you're searching for a single-family residence, exploring single-family detached houses for sale, or considering new construction houses for sale, there are options available to suit every lifestyle. Browse properties and houses for sale in Panther Valley, Reno and find the perfect place to call home.

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