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

    $205,000

    $15K PRICE DROP
    • 1 Bed
    • 2 Baths
    • 751 Sq Ft

    280 Island Ave Unit 1002, Reno, NV 89501

    Park Tower is the only downtown Reno high rise that permits short term rentals. This 10th floor unit has been configured into two separately accessed rentable spaces, each with its own locked entrance and an established booking history. This is a short sale. Cash and 1031 exchange offers only. The building sits on Island Avenue directly above the Truckee River and Wingfield Park. The unit faces

    James Von Dorsten RE/MAX Gold-Midtown

    280 Island Ave Unit 1002, Reno, NV 89501
  • 5142 Aspen View Dr, Reno, NV 89523
    5142 Aspen View Dr, Reno, NV 89523
    /2

    $675,000

    • 4 Beds
    • 3 Baths
    • 2,000 Sq Ft

    5142 Aspen View Dr, Reno, NV 89523

    Gorgeous home in Northwest area , lots of upgrade.

    Maruf Akhter RE/MAX Gold

    5142 Aspen View Dr, 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 49 days on the market compared to the national average of 58 days. The median sale price for homes in Reno, NV over the last 12 months is $557,250, down 2% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$557,250
Median Single Family Sale Price
$649,990
Median Townhouse Sale Price
$378,495
Median 2 Bedroom Sale Price
$290,000
Median 1 Bedroom Sale Price
$209,500
Average Price Per Sq Ft
$351
Number of Homes for Sale
811
Last 12 months Home Sales
4,074
Months of Supply
2.40
Median List Price
$595,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-2%

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