Why Live in Wells Avenue District
Wells Avenue District in Reno is a historic neighborhood experiencing a modern revival. Developed in 1900, this area is known for its early 20th-century houses, including Arts-and-Crafts classics, Tudor Revivals, and Midcentury Moderns. The neighborhood is undergoing significant redevelopment, attracting new businesses and residents while preserving its heritage. The local dining scene is vibrant, with establishments like PJ and Company, known for its large servings and weekly bike night, and Von Bismarck, offering authentic German cuisine. Shopping options include Mexican-themed groceries and the Smart & Final supermarket. The Wells Avenue District is walkable to downtown Reno and the Riverwalk District, providing easy access to restaurants, shops, and outdoor activities. Wilkinson Park, a 4-acre space, offers outdoor sports and relaxation, while the nearby Grand Bay Driving Range and Grand Sierra Resort provide additional recreational opportunities. The neighborhood is close to major destinations, including a hospital, the freeway, and Reno-Tahoe International Airport, just 3.5 miles away. The area is safer than the national average, making it a practical choice for families and individuals alike.
Frequently Asked Questions
Is Wells Avenue District a good place to live?
Wells Avenue District is a good place to live. Wells Avenue District is considered fairly walkable and very bikeable with some transit options. Wells Avenue District is a suburban neighborhood. Wells Avenue District has 6 parks for recreational activities. It is fairly dense in population with 12.9 people per acre and a median age of 38. The average household income is $78,655 which is below the national average. College graduates make up 18% of residents. A majority of residents in Wells Avenue District are renters, with 61.1% of residents renting and 38.9% of residents owning their home. A
local real estate agent serving Wells Avenue District can help you decide if this neighborhood is the right one for you. Learn more on our
Wells Avenue District neighborhood guide.
How much do you need to make to afford a house in Wells Avenue District?
The median home price in Wells Avenue District is $450,000. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $2,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $98K a year to afford the median home price in Wells Avenue District. The average household income in Wells Avenue District is $79K.
What are the best public schools in Wells Avenue District?
The best public schools that serve Wells Avenue District are:
What are the best private schools in Wells Avenue District?
The best private schools that serve Wells Avenue District are:
What are the most popular zip codes in Wells Avenue District, Reno, NV?
What are the most popular neighborhoods near Wells Avenue District, Reno, NV?
Home Trends in Wells Avenue District, NV
On average, homes in Wells Avenue District, Reno sell after 23 days on the market compared to the national average of 52 days. The median sale price for homes in Wells Avenue District, Reno over the last 12 months is $434,750, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$434,750
Median Single Family Sale Price
$439,000
Average Price Per Sq Ft
$355
Number of Homes for Sale
4
Last 12 months Home Sales
38
Median List Price
$450,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
2%