North Valleys Home Prices & Values

$166,000 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 31.2% 1-year change
  • 10.1% 1-year forecast

The median home value in North Valleys is $166,000. North Valleys home values have gone up 31.2% over the past year and Zillow predicts they will rise 10.1% within the next year. The median list price per square foot in North Valleys is $110, which is lower than the Reno average of $148. The median price of homes currently listed in North Valleys is $179,900 while the median price of homes that sold is $175,475. The median rent price in North Valleys is $1,125, which is higher than the Reno median of $1,100.

Foreclosures will be a factor impacting home values in the next several years. In North Valleys 6.3 homes are foreclosed (per 10,000). This is greater than the Reno value of 4.7 and also greater than the national value of 4.3

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Relative ZHVI
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North Valleys Market Overview

Data through Jun 30, 2014
  • $166,000 ZHVI
  • 10.1% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • $179,900 Median listing price
  • $175,475 Median sale price
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North Valleys Market Health

Data through Jun 30, 2014
  • 4.8/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • No data Homes with negative equity (18.8% US Avg)
  • No data Delinquent on mortgage (7.2% US Avg)

Homes foreclosed (per 10,000)

6.3 homes North Valleys
4.7 homes Reno
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Southwest $307,900 South Reno $278,300 Northwest $275,200
South Central $256,300 Old Northwest - West University $178,800 East Reno $141,900
Northeast $107,800    

Listings & Sales

Data through Jun 30, 2014
  • $110 Median list price / sq ft
  • $110 Median sale price / sq ft
  • 19.8% Listings with price cut
32.0%
Sold below listing
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North Valleys Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,204 North Valleys
$1,325 Reno
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • $1,125 Rent list price
  • $0.83 Rent list price / sq ft
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