Reno, NV housing market
The typical Reno home is worth about $573,000, up 1.4% in a year, 30% above the Nevada typical home. Homes typically sell in 38 days, close to asking.
Home values, sales, trends and how Reno compares with the towns next door — updated as new data is published.
Reno at a glance
A seller's market
Supply is tight — about 2.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | Reno | Nevada |
|---|---|---|
| 2017 | $318,000 | $237,000 |
| 2018 | $350,000 | $269,000 |
| 2019 | $384,000 | $302,000 |
| 2020 | $394,000 | $311,000 |
| 2021 | $438,000 | $334,000 |
| 2022 | $543,000 | $413,000 |
| 2023 | $538,000 | $431,000 |
| 2024 | $543,000 | $434,000 |
| 2025 | $569,000 | $456,000 |
| 2026 | $568,000 | $448,000 |
| August 2026 | $573,000 | $442,000 |
Reno and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Reno | $573K | +1.4% | 38 | $80,760 |
| Verdi | $822K | +1.2% | — | $80,670 |
| Lemmon Valley | — | — | — | $76,029 |
| Mogul | — | — | — | $145,250 |
| Sparks | $535K | +1.9% | 36 | $89,056 |
| Cold Springs | — | — | 24 | $93,732 |
| Golden Valley | — | — | — | $93,456 |
7.1 years of income
The typical Reno home costs about 7.1 years of the town's median household income, more than across Nevada (5.6 years).
How Reno ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.