New - 4 hours on Rocket
$5,094 Closing Credit¹
#250001985, Eric Schott, Listing Office: RE/MAX Gold
North Valleys Housing Market Report January 2025•Washoe County, Nevada
Housing Prices in North Valleys, NV
How much do homes in North Valleys, NV cost?
Housing Market Conditions
Is North Valleys, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
North Valleys is a Seller's Market
Difference Since January 2024
Since last year, North Valleys has remained a Seller's Market.
Insight
North Valleys is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$449,826$272/SqFt
+$12,876
+2.9%
Based on all homes sold in the last 12 months
Insight
Homes in North Valleys have sold for 2.9% more than they did a year ago.
Summary: The median home sold price in North Valleys was $449,826 in January 2025, up 2.9% from last year, and the median price per square foot was $272.
Median Sold Price By Cities
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Reno | $537.5K | $575.1K | +7.0% |
| North Valleys | $436.9K | $449.8K | +2.9% |
| Sun Valley | $405K | $415K | +2.5% |
| Reno North | $474.2K | $482.2K | +1.7% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $167.5K | $170K | +1.5% |
| 22 Bedrooms | $345K | $344K | -0.3% |
| 33 Bedrooms | $425K | $435.4K | +2.5% |
| 44 Bedrooms | $480K | $503.3K | +4.9% |
| 55+ Bedrooms | $516.5K | $550K | +6.5% |
Summary: North Valleys housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.5%. The home price for 2 bedroom homes decreased by -0.3%. The home price for 3 bedroom homes increased by +2.5%. The home price for 4 bedroom homes increased by +4.9%. The home price for 5 bedroom homes increased by +6.5%.
Housing supply in North Valleys, NV
How many homes are available in North Valleys, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 230Last MonthJan 2025 | ||
| 2292 months agoDec 2024 | 0.4 % Change MoMDec – Jan |
Summary: The North Valleys real estate market had 230 homes for sale in Jan 2025, a .4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 51Last MonthJan 2025 | ||
| 552 months agoDec 2024 | -7.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 3 | 3 | 0.0% |
| 22 Bedrooms | 29 | 23 | -20.7% |
| 33 Bedrooms | 99 | 105 | +6.1% |
| 44 Bedrooms | 82 | 86 | +4.9% |
| 55+ Bedrooms | 16 | 13 | -18.8% |
Summary: North Valleys housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -20.7%. The inventory for 3 bedroom homes increased by +6.1%. The inventory for 4 bedroom homes increased by +4.9%. The inventory for 5 bedroom homes decreased by -18.8%.
Asking Price vs. Sold Price
How much do homes in North Valleys, NV cost?
Over Asking Price11 Homes
At Asking Price21 Homes
Under Asking Price19 Homes
Insight
If you're buying a home in North Valleys, expect to pay close to the asking price. 41.2% of homes here sold near the asking price last month.
Summary: A total of 51 homes were sold or pending in North Valleys in January 2025, down by 7.3% month-over-month. Of the 51 sold homes, 37% were sold under asking, 41% were sold at asking, and and 22% were sold over asking.
Days on Market for North Valleys, NV
How long does it take to sell a home in North Valleys, NV?
Breakdown of Home Sale Times
Under 30 Days2 Homes
30 – 90 Days25 Homes
Over 90 Days24 Homes
Insight
Avg time on Rocket Homes in North Valleys has remained consistent over time.
Summary: During January 2025, 51 homes were sold in North Valleys; 4% of homes were sold within 30 days, 49% of homes were sold within 30 to 90 days, and 47% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 100 DaysThis YearJan 2025 | ||
| 98 Days1 year agoJan 2024 | +2.1 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in North Valleys had an average listing age of 100 days in Jan 2025, up by 2.1% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in North Valleys, NV
What homes are available in North Valleys, NV?
New - 5 hours on Rocket
$5,284 Closing Credit¹
#250001979, David Hughes, Listing Office: Dickson Realty - Caughlin
New - 21 hours on Rocket
$5,094 Closing Credit¹
#250001963, Monica Davalos, Listing Office: Ferrari-Lund R.E. Sparks
New - 21 hours on Rocket
$3,147 Closing Credit¹
#250001962, Donna Frey, Listing Office: Haute Properties NV
New - 1 day on Rocket
$6,401 Closing Credit¹
#250001955, Missy Hinton, Listing Office: D.R. Horton
New - 1 day on Rocket
$5,166 Closing Credit¹
#250001944, Andrew Lipschutz, Listing Office: Compass
New - 1 day on Rocket
$2,850 Closing Credit¹
#250001945, Richard Berman, Listing Office: Dickson Realty - Damonte Ranch
New - 1 day on Rocket
$5,688 Closing Credit¹
#250001942, Felisa Cusimano-Martin, Listing Office: Dickson Realty - Sparks
New - 1 day on Rocket
$5,938 Closing Credit¹
#250001935, Patrick Allison, Listing Office: eXp Realty, LLC
New - 1 day on Rocket
$2,969 Closing Credit¹
#250001929, Richard Berman, Listing Office: Dickson Realty - Damonte Ranch
New - 1 day on Rocket
$4,988 Closing Credit¹
#250001913, Jenn Menken, Listing Office: RE/MAX Professionals-Reno
New - 2 days on Rocket
$6,531 Closing Credit¹
#250001885, Thuy Tran, Listing Office: Dickson Realty - Damonte Ranch
Nearby markets
Nearby markets aren't available for North Valleys, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 02/01/2023 - 02/01/2025
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: 2/20/2025, 5:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.