Home Values

Southwest Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$338,700

  • 14.3% 1-year change
  • 7.2% 1-year forecast

The median home value in Southwest is $338,700. Southwest home values have gone up 14.3% over the past year and Zillow predicts they will rise 7.2% within the next year. The median list price per square foot in Southwest is None. The median rent price in Southwest is $1,075, which is lower than the Reno median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In Southwest 2.5 homes are foreclosed (per 10,000). This is greater than the Reno value of 2.3 and also lower than the national value of 3.0

Read more
Relative ZHVI
- +

Southwest Market Overview

Data through Mar 31, 2015
  • $338,700 ZHVI
  • 7.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Mar 31, 2016)
  • No data Median listing price
  • $324,025 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Southwest Market Health

Data through Mar 31, 2015
  • 9.5/10 Very healthy
    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.
    (Feb 28, 2015)
  • No data Average days on Zillow
  • No data Homes with negative equity (16.9% US Avg)
  • No data Delinquent on mortgage (6.3% US Avg)

Homes foreclosed (per 10,000)

2.5 homes Southwest
2.3 homes Reno
3 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Nearby Neighborhoods

Name Median ZHVI
South Reno $270,100
Northwest $268,100
South Central $248,300
Name Median ZHVI
Old Northwest - West University $171,200
North Valleys $159,000
East Reno $134,700
Name Median ZHVI
Northeast $105,700
 
 

Listings & Sales

Data through Mar 31, 2015
  • No recent data Median list price / sq ft
  • $175 Median sale price / sq ft
  • No data Listings with price cut
21.1%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Southwest Rentals

Data through Mar 31, 2015
  • Zillow Rent Index

  • $1,599 Southwest
    $1,353 Reno
    $1,362 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.7 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,075 Rent list price
  • $0.96 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading