89511 — Washoe County, Nevada Market Snapshot
Housing market data for zip code 89511 in Washoe County, Nevada. Updated monthly with median prices, days on market, and more.
Market Sales Data
112 sales in 2026 (year to date)
Median Sale Price
$1,467,500
Days to Sell
63
Homes Sold
112
Inventory
116
Sale-to-List
97.1%
New Listings
158
Price/SqFt
$469
Pending Sales
141
Jumbo Loan Likely Needed
The median home in 89511 at $1,467,500 exceeds the 2026 conforming loan limit of $832,750 by $634,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Market Insights
Market Temperature
With homes sitting for 63 days on average, 89511 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 89511 sells for 2.9% below asking price (97.1% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
The median home in 89511 at $1,467,500 exceeds the 2026 conforming loan limit of $832,750 by $634,750. Most buyers here will need jumbo loans, which typically require higher credit scores, larger down payments, and come with different rate pricing.
Loan limits in 89511 are set at the county level.
2026 Loan Limits — Washoe County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $638,250 |
| 2 Units | $1,066,250 | $817,050 |
| 3 Units | $1,288,800 | $987,650 |
| 4 Units | $1,601,750 | $1,227,400 |
Affordability Snapshot — Zip 89511
To purchase the median home at $1,467,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $11,394.
Monthly Payment
$11,394
Income Required
$488,294
Principal & Interest
$9,042/mo
Down Payment (5%)
$73,375
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 89511.
Estimated Monthly Payment
$9,232
Jumbo loan required. Loan amount exceeds the $832,750 conforming limit for 89511.
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