89508 — Reno, NV Home Values
Typical home value $488,028 as of June 2026 · 13th of 23 in Reno, NV
Blue: typical home value (Zillow ZHVI) in ZIP code 89508, June 2021 to June 2026. This page shows observed data only; no forecast.
How 89508 compares in the Reno, NV area
ZIP code 89508 (Reno, NV) has a typical home value of $488,028 as of June 2026, ranking 13th of 23 ZIP codes tracked in the Reno, NV area, more expensive than about 48% of ZIP codes in the metro. Prices here have moved +1.3% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +15.1%, from $424,135 in June 2021 to $488,028 in June 2026. Against observed rent, the typical home here sells for 16.6× the annual rent ($2,450/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Reno, NV forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Reno.
Population and demographics
ZIP code 89508 has a population of 14,595, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 70.7% White, 20% Hispanic or Latino, 5.5% two or more races, 1.8% Asian, 0.9% Black or African American, 0.8% Native Hawaiian or Pacific Islander, and 0.5% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| COLD SPRINGS MIDDLE SCHOOL | 18235 CODY COURT, RENO, NV | 6.6 mi |
| MICHAEL INSKEEP ELEMENTARY SCHOOL | 18001 Briar Drive, RENO, NV | 6.7 mi |
| NANCY GOMES ELEMENTARY | 3870 LIMKIN STREET, RENO, NV | 7.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 89508?
$488,028 as of June 2026, the latest month Zillow has published observed data for.
Is 89508 an expensive ZIP code in the Reno, NV area?
89508 ranks 13th of 23 ZIP codes in the Reno, NV area by typical home value, more expensive than about 48% of ZIP codes in the metro.
How much have home values in 89508 changed over the past year?
+1.3% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 89508?
The typical home price is 16.6× the observed annual rent in this ZIP code ($2,450/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 89508?
14,595, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 89508?
COLD SPRINGS MIDDLE SCHOOL (6.6 mi), MICHAEL INSKEEP ELEMENTARY SCHOOL (6.7 mi), NANCY GOMES ELEMENTARY (7.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 89508?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Reno, NV forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.