89523 — Washoe County, Nevada Market Snapshot
Housing market data for zip code 89523 in Washoe County, Nevada. Updated monthly with median prices, days on market, and more.
Market Sales Data
109 sales in 2026 (year to date)
Median Sale Price
$690,000
Days to Sell
41
Homes Sold
109
Inventory
101
Sale-to-List
98.7%
New Listings
163
Price/SqFt
$367
Pending Sales
135
Conforming Loan Available
The median home in 89523 at $690,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Market Insights
Market Temperature
89523's market is balanced with homes taking an average of 41 days to sell. Buyers have some negotiating room without the pressure of bidding wars.
Sale-to-List Ratio
Homes are selling very close to asking price in 89523 (98.7% sale-to-list ratio), indicating accurate pricing by sellers and steady demand.
Conforming Loan Feasibility
The median home in 89523 at $690,000 falls within the 2026 conforming loan limit of $832,750, but buyers putting less than 5% down may need jumbo financing. This makes down payment strategy especially important in this market.
Loan limits in 89523 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 89523
To purchase the median home at $690,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $5,437.
Monthly Payment
$5,437
Income Required
$232,995
Principal & Interest
$4,252/mo
Down Payment (5%)
$34,500
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 89523.
Estimated Monthly Payment
$4,420
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