The story of this market
The typical home in ZIP 89412 sells for about $692,500, or $340 per square foot.
Prices are up +8.2% from a year ago, so sellers still have some momentum. Homes take about 40 days to sell. HUD's fair market rent for a two-bedroom is $1,850 a month.
ZIP 89412 — Gerlach-Empire
The Reno housing market remains tight with steady price appreciation driven by regional economic growth and limited inventory. While sales volume has moderated, demand remains robust, particularly for well-priced single-family homes. Buyers are navigating a competitive landscape where strategic pricing is essential for successful transactions.
This ZIP is well-suited for family buyers seeking suburban stability, commuters working in the Reno-Sparks industrial corridor, and professionals attracted to the region's growing tech economy. It offers a balance of outdoor access and proximity to urban amenities.
Median prices moved up 8.2% year over year.
Homes spend a median of 40 days on market with 3.8 months of supply — a fast-moving market.
17% of listings have cut prices · homes sell at 99% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.8% · poverty 6.5% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 9.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net influx — more people moved in than out
ZCTA 89412, Washoe County NV
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the area are generally consistent with regional averages for the Reno-Sparks metropolitan area, with property crime being the primary concern. Local law enforcement reports stable trends, though residents are encouraged to utilize standard neighborhood safety precautions.
Schools serving this ZIP are part of the Washoe County School District, which maintains a mix of performance ratings. Several neighborhood schools are highly regarded for their academic programs and community involvement.
The area faces moderate wildfire risk common to the Sierra Nevada foothills, necessitating defensible space maintenance. Flood risk is generally low, though localized drainage issues can occur during heavy seasonal precipitation.
Economic momentum is driven by the nearby Tahoe-Reno Industrial Center and the expansion of the regional tech corridor. Infrastructure improvements are ongoing to support the steady influx of new residents and corporate relocations.
Property taxes are assessed by Washoe County based on the taxable value of land and improvements, with rates determined by the state-mandated cap and local district levies. Nevada does not impose a state personal income tax, which influences the overall tax burden for residents.
Residents typically commute via I-80 or US-395 toward downtown Reno or the industrial hubs to the east. Average commute times are moderate, reflecting the regional reliance on personal vehicles.
The area offers immediate access to regional parks, hiking trails in the nearby foothills, and proximity to the Truckee River. Shopping and dining amenities are concentrated in local neighborhood centers and nearby Midtown Reno.
The rental market remains competitive with low vacancy rates, driven by demand from professionals working in the regional tech and logistics sectors. Short-term rental activity is regulated by local ordinances to balance tourism and housing availability.
The economy is anchored by the logistics, manufacturing, and technology sectors, with significant employment provided by companies in the Tahoe-Reno Industrial Center. Tourism and gaming remain foundational pillars of the broader Reno market.
The area is served by a network of major highways including I-80 and US-395, facilitating regional transit. Public transportation is provided by the RTC, which operates bus routes throughout the Reno-Sparks area.
Development is focused on mixed-use infill projects and the expansion of residential communities in the northern and western fringes of the city. Planning efforts prioritize infrastructure capacity to match population growth.
The Washoe County Assessor's office manages property valuations, utilizing a mass appraisal system that adheres to state-mandated assessment cycles.
Parcels are subject to various special districts, including those for flood control, fire protection, and utility services. School district taxes are a primary component of the local property tax bill.
Property insurance premiums are influenced by regional wildfire risk assessments, with many carriers requiring specific mitigation measures for homes in the wildland-urban interface.
Data retrieved from data.census.gov using ZCTA 89412 profile.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
Large regional park featuring trails, arboretum, and event spaces.
Scenic walking and biking path connecting various parts of the city.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.