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6 Ιουλ 2024 · The average Reno, NV home value currently stands at $550,567, marking a 5.0% increase over the past year. This growth reflects a robust housing market in the region. Homes in Reno typically go to pending status in around 9 days, indicating a swift market with high demand.
See the Reno (Nevada State, Washoe County) property price forecasts, and buy/sell analysis based on the Housing Market and Property Investment report below. According to current data of median home prices: Reno's real estate prices and its market environment have been in a bullish cycle in the last 36 months.
Reno, NV Housing Market Trends. With 273,448 people, 110,480 houses or apartments, and a median cost of homes of $504,133, Reno real estate prices are well above average cost compared to national prices. Single-family detached homes are the single most common housing type in Reno, accounting for 50.24% of the city's housing units.
Reno, NV is a seller's market in March 2024, which means that there are more people looking to buy than there are homes available. On average, homes in Reno, NV sell after 41 days on the market.
3 Φεβ 2022 · Currently only 269 homes are available for purchase in the Reno-Sparks market — representing roughly a three-week supply of homes for sale. Year-over-year, overall available inventory is up 4.7 percent.
25 Φεβ 2024 · As we navigate the complexities of the Reno housing market, 2024 presents itself as a year of cautious optimism. While we may face challenges reminiscent of 2023, the potential for mortgage interest rates to stabilize or even decrease offers a glimmer of hope for revitalization in 2025.
2 Ιαν 2023 · Home sales down 41% Y-o-Y! The median home sales price for the Reno, Nevada metro area fell to $510,000 in January — a 1.9 percent decrease from December’s median sales price. Taking a look at historical median data, we see that the last time home prices were at this level was mid-2021.
