2

Reno, NV Short Sale Homes for Sale

Section Image
  • 280 Island Ave Unit 1002, Reno, NV 89501
    280 Island Ave Unit 1002, Reno, NV 89501
    280 Island Ave Unit 1002, Reno, NV 89501
    /41

    $219,900

    • 1 Bed
    • 2 Baths
    • 751 Sq Ft

    280 Island Ave Unit 1002, Reno, NV 89501

    Welcome to Park Tower, centrally located in downtown Reno, where adventure meets opportunity. Park Tower stands as the only downtown high-rise that permits short-term rentals, and that distinction is exactly what sets this one-bedroom, two-bathroom unit apart. Located on the 10th floor with sweeping west-facing views, this unit looks out over the cascading waters of the Truckee River, Wingfield

    James Von Dorsten RE/MAX Gold-Midtown

    280 Island Ave Unit 1002, Reno, NV 89501
  • 5941 Sapphire Ridge Ct, Reno, NV 89523
    5941 Sapphire Ridge Ct, Reno, NV 89523
    5941 Sapphire Ridge Ct, Reno, NV 89523
    /16

    $529,900

    • 3 Beds
    • 2 Baths
    • 1,248 Sq Ft

    5941 Sapphire Ridge Ct, Reno, NV 89523

    Welcome to this meticulously maintained, move-in-ready gem tucked away in a lovely Northwest Reno cul-de-sac. Close to McQueen High School and the public library, this home offers the perfect balance of peace and convenience. The thoughtful floor plan provides ideal separation between the primary suite and secondary bedrooms, with ceiling fans throughout many areas. Relatively new interior (5yrs)

    Carl Jorgensen Ferrari-Lund Real Estate Reno

    5941 Sapphire Ridge Ct, Reno, NV 89523
Nevada Washoe County Reno

Short Sale Homes for Sale in Reno, NV

Home Trends in Reno, NV

On average, homes in Reno, NV sell after 50 days on the market compared to the national average of 55 days. The median sale price for homes in Reno, NV over the last 12 months is $550,000, down 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$550,000
Median Single Family Sale Price
$640,215
Median Townhouse Sale Price
$350,000
Median 2 Bedroom Sale Price
$283,999
Median 1 Bedroom Sale Price
$207,000
Average Price Per Sq Ft
$348
Number of Homes for Sale
708
Last 12 months Home Sales
3,824
Months of Supply
2.20
Median List Price
$579,900
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%

Popular Home Searches in Reno, NV

Reno buyers often seek homes that balance outdoor access, mountain views, and flexible living space for family or rental income.

How to Buy a Home How to Finance a Home How to Sell a Home

In Reno, there are currently 2 short sale homes. A short sale occurs when the lender accepts payment lower than the outstanding mortgage amount from the homeowner. This real estate option can offer buyers an opportunity to secure property at a discounted price, ideal for those seeking value in the market. Browse a selection of short sale homes in Reno, NV that offer a unique opportunity for savvy buyers.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Homes.com Licensing Information

§ 442-H New York Standard Operating Procedures

New York Fair Housing Notice

TREC: Information about brokerage services, Consumer protection notice

California DRE #01937601

Contact Homes.com Brokerage

Copyright © 2026 CoStar Group