Enter what you paid and when, and the estimator moves that price with Zillow's index for ZIP 89511. A $1.5 million purchase in September 2016 comes out near $3.04 million today, while the same purchase in June 2022 has barely moved. Treat it as a measure of change since you bought: the ZIP's typical value runs about 35% below Redfin's Arrowcreek-area median sale, so the price a buyer will pay has to come from recent ArrowCreek sales.
At a glance
| Index used | Zillow Home Value Index, ZIP 89511 (monthly from January 2000) |
|---|---|
| Cross-check | Zillow's Galena neighborhood index |
| Zillow typical value, ZIP 89511 (September 2026) | $1,120,342 |
| Redfin median sale, Arrowcreek area (July to September 2026) | $1,724,517 |
How the estimate works
The estimator takes the price you paid and multiplies it by how far Zillow's Home Value Index for ZIP 89511 has moved since that month. If the index has risen 40% since you bought, the estimate is 40% above your price. The likely range runs the same purchase through a second index, Zillow's Galena neighborhood, directly south of ArrowCreek, so you can see how much the choice of index matters. The estimator runs in your browser and saves nothing. If you then send a form on this page, the price, month and estimate you entered go with it so Richard can start from them. Forms are received by FlyDragon, which runs this site, and passed to Richard; the privacy policy has the details.
Why ZIP 89511 and not an ArrowCreek index
Zillow publishes no ArrowCreek series, and it doesn't appear to place ArrowCreek in its Galena or South Reno neighborhoods: an ArrowCreek listing on Zillow shows its neighborhood simply as 89511. The ZIP is the closest series that contains the community, and it runs monthly from January 2000.
When you bought matters more than what you paid
The index hasn't risen in a straight line, so your purchase month drives the result. The table runs a $1.5 million purchase from six different months to the September 2026 index.
| Bought | ZIP 89511 index then | Change to September 2026 | $1.5 million becomes |
|---|---|---|---|
| September 2016 | $553,227 | +102.5% | about $3,037,700 |
| September 2019 | $691,138 | +62.1% | about $2,431,500 |
| September 2021 | $982,784 | +14.0% | about $1,710,000 |
| June 2022 | $1,110,281 | +0.9% | about $1,513,600 |
| April 2023 | $970,867 | +15.4% | about $1,730,900 |
| September 2025 | $1,081,357 | +3.6% | about $1,554,100 |
Two owners who paid the same price ten months apart, in June 2022 and April 2023, end up about $217,000 apart on paper. Neither figure says what a buyer would pay for either home.
Why ZIP 89511 runs below ArrowCreek prices
The estimator's percentage change is the useful part. The ZIP's dollar level is a poor guide to an ArrowCreek home, and four published figures show why.
| Figure | Source and period | Amount |
|---|---|---|
| Typical home value, ZIP 89511 | Zillow, September 2026 | $1,120,342 |
| Typical home value, Galena neighborhood | Zillow, September 2026 | $1,224,884 |
| Median sale price, ZIP 89511 | Redfin, July to September 2026 | $1,397,089 |
| Median sale price, Redfin's Arrowcreek area | Redfin, July to September 2026 | $1,724,517 |
A typical value covers the whole ZIP
Zillow's index tracks the middle third of all homes in ZIP 89511, and the ZIP covers much of south Reno outside the gates. Redfin's Arrowcreek-area median, about 54% higher, counts only homes that sold inside Redfin's boundary for the area, which may take in a few streets outside the HOA.
What that means for an online estimate
An automated estimate that leans on ZIP-level values can run well below what an ArrowCreek home will sell for. Use this tool to see how far the market has carried your purchase price; for where your home sits today, compare it with recent sales inside the community. The ArrowCreek and ZIP 89511 market report has the latest Zillow, Redfin and Sierra Nevada REALTORS figures.
What moves a real ArrowCreek valuation
When an ArrowCreek home is priced from comparable sales, these are the features that pull it away from any index. None of them shows up in a ZIP average.
Lot and elevation
The community runs from about 5,060 to more than 6,100 feet, according to the HOA, so homes of the same size can sit on very different lots and slopes. Good comparables match the lot as closely as the house.
View
Some homes look north over the Truckee Meadows toward Reno, others toward the Sierra Nevada. There's no index for a view, which is why comparables have to be read home by home.
Golf frontage
Some lots back onto the Legend or Challenge course, and the HOA's sign rules allow those lots a second sign facing the course. Frontage brings course views and course traffic. Membership stays separate from the house either way, as the guide to The Club at ArrowCreek explains.
Sub-gate
Some neighborhoods sit behind their own sub-gate, and their owners pay $7 a month more in HOA dues. Compare a home behind a sub-gate with care against sales from outside one.
Condition and updates
The index assumes a typical home. Systems or a kitchen you've replaced, or work you've put off, move your home above or below it, and Nevada's seller disclosure form will ask about known defects either way.
Approved design work
Exterior changes in ArrowCreek need approval from the Architectural Design Review Committee. Work with an approval and a final inspection is something a buyer can verify. An open project passes to the buyer, and the escrow instructions must say who gets the construction deposit back; the ArrowCreek HOA guide covers the review process.
From an estimate to a price
The estimate tells you roughly how far the market has carried your purchase price. The figure a buyer and an appraiser will use comes from recent sales of homes like yours. To see what you'd keep at that price after transfer tax, HOA resale fees and commission, run it through the seller net sheet for Nevada. If your gain is large, the capital gains rules for Nevada sellers show where the federal exclusion stops.
The full order of a sale is in selling your ArrowCreek home, step by step, and the community overview is on the ArrowCreek, Reno homepage. I can pull the recent ArrowCreek sales closest to your home and go through them with you, with no obligation to list. Use the form on this page or call.
Common questions
How accurate is an online home value estimate for an ArrowCreek home?
Treat it as a rough guide. Zillow publishes no ArrowCreek series, so online estimates lean on ZIP 89511 figures, and the ZIP's typical value of $1,120,342 in September 2026 sat about 35% below Redfin's Arrowcreek-area median sale price of $1,724,517. Lot, view, golf frontage and condition all move a single home, so a price built from recent ArrowCreek sales is the figure to rely on.
What are home values in Reno right now?
Zillow's typical home value across Reno was $571,562 in September 2026, up 1.98% in a year and still just below its June 2022 peak of $580,316. In ZIP 89511, which contains ArrowCreek, the typical value was $1,120,342, a record and about 1.96 times Reno's. Sale prices run higher: Sierra Nevada REALTORS put Washoe County's September median sale price at $595,000.
How much have home values in ZIP 89511 gone up?
On Zillow's index, ZIP 89511 values rose 3.61% in the year to September 2026, 14.0% over five years and 102.5% over ten. The path wasn't smooth: the index fell about 12.6% from June 2022 to April 2023 before reaching a new high, and it fell about 51% between August 2006 and April 2012.
Does the estimator save what I enter?
No. The estimator runs in your browser and saves nothing, so you can run it as many times as you like with different prices and dates. If you then send a form on the page, the price, month and estimate you entered go with it so Richard can start from them. Forms are received by FlyDragon, which runs this site, and passed to Richard Berman; the privacy policy explains how inquiries are stored.
Does a club membership add to an ArrowCreek home's value?
Membership at The Club at ArrowCreek is separate from the HOA and doesn't come with the house. A buyer joins the club on its own terms, starting with a referral from a member, and the club doesn't publish initiation fees or dues. What can affect value is the lot itself, such as frontage on the Legend or Challenge course, and that shows up in comparable sales.
Sources
- Zillow Research: Home Value Index (ZHVI) data
- Zillow: Galena, Reno home values
- Redfin: Arrowcreek housing market
- Redfin: 89511 housing market
- Sierra Nevada REALTORS: September 2026 market reports (PDF)
- ArrowCreek HOA: About
- ArrowCreek HOA: ArrowCreek View, January 2026 (assessments and sub-gates)
- ArrowCreek HOA: Rules and Regulations (rev. 8/12/25)
- ArrowCreek HOA: ADRC Guidelines (rev. 8-30-26)
- ArrowCreek HOA: ADRC Table of Fees
- ArrowCreek HOA: Welcome packet
- The Club at ArrowCreek: About our dual courses
- The Club at ArrowCreek: Become a member
- Nevada Legislature: NRS Chapter 113 (seller disclosures)
- Wikimedia Commons: Reno from ArrowCreek (Stan Shebs, view north over the Truckee Meadows)
About Richard Berman
Richard Berman is a Reno real estate agent with Dickson Realty, licensed in Nevada since 2017, who leads The Berman Group with Katie Berman and runs this site for ArrowCreek homeowners thinking about selling.
- 5.0Google rating from 171 reviews of The Berman Group
- 104Team sales in the last 12 months, Zillow
- 2017Licensed in Nevada since
REALTOR®, Dickson Realty, 500 Damonte Ranch Pkwy #625, Reno, NV 89521. Office (775) 800-5032. Nevada license S.0181980. General information, not legal, tax or lending advice.
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