Market Overview
Home Prices in Reno, TX
The median home value in Reno, TX is $236,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.2% compared to a year ago and up 0.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Reno are priced42% below average. Reno is part of the Paris, TX metro area.
Over the past five years, Reno home values have risen by approximately21.4%, reflecting strong long-term appreciation in this market.
Price History
Reno Home Price Trend
2020
$168,344
$168K
—
2021
$194,781
$195K
+15.7%
2022
$231,996
$232K
+19.1%
2023
$232,906
$233K
+0.4%
2024
$233,150
$233K
+0.1%
2025
$233,669
$234K
+0.2%
2026
$236,534
$237K
+1.2%
City Comparison
Reno vs. National Median
🏠 Reno
$236,534
National Median
$410,000
At $236,534, homes in Reno cost 42% below the national median of $410,000. This makes Reno a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Reno?
20% Down Payment
$47,307
on $236,534
Monthly P&I
$1,234/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,567/mo
incl. taxes & insurance
Income Needed
$62,680
gross annual (30% rule)
10% Down Option
$23,653
+ PMI applies
Loan Amount (20% dn)
$189,227
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Reno, TX?
The median home value in Reno is $236,534 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.2% year-over-year.
How much have home prices changed in Reno?
Over the past year, home values in Reno have increased by 1.2%. Over five years, prices have risen approximately 21.4%.
How much do I need to earn to buy a home in Reno?
To comfortably afford the median home price of $236,534 with a 20% down payment ($47,307) at today's rates (6.8%), you'd need a gross annual income of approximately $62,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Reno compare to the national average home price?
The national median home value is approximately $410,000. At $236,534, homes in Reno are 42% below the national average.
What metro area is Reno part of?
Reno is part of the Paris, TX metropolitan area. Home prices and market conditions can vary across the broader metro region.