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Reno Metro Home Prices and Home Values

  • Zillow Home Value Index

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    Zillow Home Value Index
    Mid-point of Zestimate valuations for Reno Metro. Half the Zestimates are above this number and half are below it.

  • Median list price ($)

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    Median list price ($)
    Mid-point of the list price for homes listed on Zillow in Reno Metro, or the asking price.

  • Median sale price ($)

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    Median sale price ($)
    Mid-point of the price homes have sold for in Reno Metro. Half the homes sold above this number and half sold below.

  • Zillow Rent Index

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    Zillow Rent Index
    Mid-point of Rent Zestimates—Zillow's estimated monthly rent price—for homes in Reno Metro. Half the Rent Zestimates are above this number and half are below it.

  • Median rent list price ($)

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    Median rent list price ($)
    Mid-point of the rental price for homes listed for rent on Zillow in the Reno Metro. Half the homes have rent prices above this number and half are below.

  • Total homes sold

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    Total homes sold
    Total number of homes sold in Reno Metro during the prior 30 days.

  • Median value per sq. ft. ($)

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    Median value per sq. ft. ($)
    Mid-point of the value of all homes in Reno Metro, per square foot. This is derived by taking the Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Zestimate of $200k has a $200 value/sq foot).

  • Median list price / sq. ft. ($)

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    Median list price / sq. ft. ($)
    Mid-point of Reno Metros list prices when divided by the square footage of a home (e.g. a 1,000 sq ft home with a list price of $200k has a list price/sq ft of $200).

  • Median sale price / sq. ft. ($)

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    Median sale price / sq. ft. ($)
    Mid-point of Reno Metros sale prices when divided by the square footage of a home (e.g. a 1,000 sq ft home that sold for $200k has a sale price/sq ft of $200).

  • Rent estimate / sq. ft. ($)

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    Rent estimate / sq. ft. ($)
    Mid-point of the estimated monthly rent price of all homes in Reno Metro, per square foot. This is derived by taking the Rent Zestimate for each home and dividing it by the homes square footage (e.g. a 1,000 sq ft home with a Rent Zestimate of $2000 per month has a $2 value/sq foot).

  • Median rent list price / sq. ft. ($)

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    Median rent list price / sq. ft. ($)
    Mid-point of Reno Metros rent when divided by the square footage of a home (e.g. a 1,000 sq ft home with a rent of $1,200 has a rent/sq ft of $12).

  • Median sale-to-list price ratio

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    Median sale-to-list price ratio
    Mid-point of the ratio between the sale price and the list price for all homes in Reno Metro (e.g. if a home with a list price of $200k sells for $250k, its ratio would be 5:4 or 1.25).

  • Listings with price cut (%)

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    Listings with price cut (%)
    The percentage of current listings on Zillow in Reno Metro whose price has been reduced in the last 30 days.

  • Median price cut (%)

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    Median price cut (%)
    Mid-point of the percentage of price reduction for homes in Reno Metro whose prices have been reduced in the past full month.

  • Sold for loss (%)

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    Sold for loss (%)
    The percentage of homes in Reno Metro that sold for less than the previous purchase price (e.g. a home purchased for $250k and then sold for $225k). This excludes foreclosure transactions.

  • Sold for gain (%)

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    Sold for gain (%)
    The percentage of homes sold for more than their previous purchase price (e.g. a home purchased for $225k and then sold for $250k).

  • Homes foreclosed

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    Homes foreclosed
    The number of homes in the Reno Metro per 10,000 that were foreclosed in a given month. A foreclosure is when a homeowner loses their home to their lending institution or it is sold to a third party at an auction.

  • Foreclosure re-sales (%)

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    Foreclosure re-sales (%)
    The percentage of home sales in a given month in Reno Metro where the home was foreclosed upon within the previous 12 months (e.g. sales of bank-owned homes after the bank repossessed a home during a foreclosure).

  • Increasing values (%)

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    Increasing values (%)
    The percentage of homes in Reno Metro whose values have increased in the past year.

  • Decreasing values (%)

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    Decreasing values (%)
    The percentage of all homes in Reno Metro whose value has fallen in the last year.

  • Sold in past year (%)

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    Sold in past year (%)
    The percentage of all homes in Reno Metro that were sold in the past 12 months.
  • 24.00%
  • 22.5%Y-o-Y
  • Calculated 05/15/2012*
  • *Includes data and transactions through 04/30/2012
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This data is not available for Reno Metro.

RegionId
Region
M-o-M
Q-o-Q
Y-o-Y
Apr 2012
395019
Reno Metro
5.4%
13.7%
22.5%
24.00%
37950
Cold Springs
0.8%
1.1%
3.2%
3.84%
51905
Empire
31730
Gerlach
5266
Incline Village
9.9%
33.0%
56.4%
60.85%
396505
Lemmon Valley-Golden Valley
3.0%
9.9%
15.9%
16.90%
19639
Nixon
13478
Reno
5.2%
12.2%
21.4%
22.64%
13943
Sparks
4.7%
10.7%
14.7%
15.85%
47906
Sun Valley
0.6%
1.3%
5.6%
6.28%
7334
Sutcliffe
56640
Verdi
396525
Verdi-Mogul
8.5%
26.7%
42.1%
43.59%
34612
Wadsworth
Compare Metros Near Reno Metro
Increasing values (%)Y-o-Y
Reno Metro24.00%22.5%
Carson City Metro12.12%6.7%
Chico Metro38.84%25.7%
Sacramento Metro31.19%24.9%
Yuba City Metro12.89%-10.1%
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