2 days on Rocket
$5,106 Closing Credit¹
#250003046, Lindsey Johnson, Listing Office: Sierra Sotheby's Intl. Realty
Downtown Reno Regional Center Housing Market Report February 2025•Washoe County, Nevada
Housing Prices in Downtown Reno Regional Center, NV
How much do homes in Downtown Reno Regional Center, NV cost?
Housing Market Conditions
Is Downtown Reno Regional Center, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Downtown Reno Regional Center is a Buyer's Market
Difference Since February 2024
At the same time last year, Downtown Reno Regional Center was a Seller's Market.
Insight
Downtown Reno Regional Center is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$351,500$372/SqFt
+$26,500
+8.2%
Based on all homes sold in the last 12 months
Insight
Homes in Downtown Reno Regional Center have sold for 8.2% more than they did a year ago.
Summary: The median home sold price in Downtown Reno Regional Center was $351,500 in February 2025, up 8.2% from last year, and the median price per square foot was $372.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $266.5K | $298K | +11.8% |
| 22 Bedrooms | $380K | $495K | +30.3% |
| 33 Bedrooms | $845K | $512.4K | -39.4% |
| 44 Bedrooms | - | - | N/A |
| 55+ Bedrooms | - | - | N/A |
Summary: Downtown Reno Regional Center housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +11.8%. The home price for 2 bedroom homes increased by +30.3%. The home price for 3 bedroom homes decreased by -39.4%. The home price for 4 bedroom homes did not change. The home price for 5 bedroom homes did not change.
How does Downtown Reno Regional Center, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Downtown Reno Regional Center, NV
Housing supply in Downtown Reno Regional Center, NV
How many homes are available in Downtown Reno Regional Center, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 41Last MonthFeb 2025 | ||
| 422 months agoJan 2025 | -2.4 % Change MoMJan – Feb |
Summary: The Downtown Reno Regional Center real estate market had 41 homes for sale in Feb 2025, a 2.4 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 5Last MonthFeb 2025 | ||
| 62 months agoJan 2025 | -16.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 19 | 18 | -5.3% |
| 22 Bedrooms | 17 | 18 | +5.9% |
| 33 Bedrooms | 5 | 4 | -20.0% |
| 44 Bedrooms | 1 | 1 | 0.0% |
| 55+ Bedrooms | 0 | 0 | 0.0% |
Summary: Downtown Reno Regional Center housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -5.3%. The inventory for 2 bedroom homes increased by +5.9%. The inventory for 3 bedroom homes decreased by -20.0%. The inventory for 4 bedroom homes remained the same. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Downtown Reno Regional Center, NV cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Downtown Reno Regional Center, you may be able to get a good deal. 60% of homes here sold below asking price last month.
Summary: A total of 5 homes were sold or pending in Downtown Reno Regional Center in February 2025, down by 16.7% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and and 20% were sold over asking.
Days on Market for Downtown Reno Regional Center, NV
How long does it take to sell a home in Downtown Reno Regional Center, NV?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days1 Home
Over 90 Days2 Homes
Insight
Many homes in Downtown Reno Regional Center are selling fast, if you're buying plan to act quickly.
Summary: During February 2025, 5 homes were sold in Downtown Reno Regional Center; 40% of homes were sold within 30 days, 20% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 130 DaysThis YearFeb 2025 | ||
| 82 Days1 year agoFeb 2024 | +57.2 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Downtown Reno Regional Center had an average listing age of 130 days in Feb 2025, up by 57.2% compared to the previous year.
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Newest Listings in Downtown Reno Regional Center, NV
What homes are available in Downtown Reno Regional Center, NV?
2 days on Rocket
$3,919 Closing Credit¹
#250003011, Christian Reviglio, Listing Office: Ferrari-Lund Real Estate Reno
2 days on Rocket
$5,878 Closing Credit¹
#250003003, Ginger Graves, Listing Office: Engel & Volkers Lake Tahoe
3 days on Rocket
$4,311 Closing Credit¹
#250002984, David Johnson, Listing Office: Sierra Sotheby's Intl. Realty
$6,353 Closing Credit¹
#250002650, Jordan Ames, Listing Office: eXp Realty, LLC
$6,709 Closing Credit¹
#250002636, Brittany Pirtle, Listing Office: Real Broker LLC
$7,826 Closing Credit¹
#250002518, Kerry Joslyn, Listing Office: Chase International-Damonte
$2,494 Closing Credit¹
#250002472, Brenda Novak-Allen, Listing Office: RE/MAX Gold-Midtown
$3,859 Closing Credit¹
#250001938, Christopher Concha, Listing Office: Coldwell Banker Select Reno
$2,434 Closing Credit¹
#250001701, Deb Leamy, Listing Office: Dickson Realty - Caughlin
$2,434 Closing Credit¹
#250001654, Jason Kent, Listing Office: Ink Realty
$7,113 Closing Credit¹
#250001648, Tracy Tomlinson, Listing Office: Insight Realty
Nearby markets
Nearby markets aren't available for Downtown Reno Regional Center, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 03/01/2023 - 03/01/2025
Copyright © 2025 Northern Nevada Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 2:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.