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.
Home Trends in Panther Valley, NV
On average, homes in Panther Valley, Reno sell after 44 days on the market compared to the national average of 51 days. The median sale price for homes in Panther Valley, Reno over the last 12 months is $390,000, down 8% from the median home sale price over the previous 12 months.
Median Sale Price
$390,000
Median Single Family Sale Price
$479,950
Median Townhouse Sale Price
$357,500
Median 2 Bedroom Sale Price
$288,500
Median 1 Bedroom Sale Price
$180,000
Average Price Per Sq Ft
$278
Number of Homes for Sale
14
Last 12 months Home Sales
41
Median List Price
$429,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-8%