6 hours on Rocket
$10,000 Closing Credit¹
#250005734, Joshua Talayka, Listing Office: RE/MAX Gold
Reno Housing Market Report April 2025•Washoe County, Nevada
Housing Prices in Reno, NV
How much do homes in Reno, NV cost?
Housing Market Conditions
Is Reno, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Reno is a Seller's Market
Difference Since April 2024
Since last year, Reno has remained a Seller's Market.
Insight
Reno is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$578,091$330/SqFt
+$29,862
+5.4%
Based on all homes sold in the last 12 months
Insight
Homes in Reno have sold for 5.4% more than they did a year ago.
Summary: The median home sold price in Reno was $578,091 in April 2025, up 5.4% from last year, and the median price per square foot was $330.
Median Sold Price By Cities
| City | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| Reno Southwest | $774.6K | $849.6K | +9.7% |
| Verdi | $737.5K | $780K | +5.8% |
| Reno | $548.2K | $578K | +5.4% |
| Sun Valley | $410K | $419K | +2.2% |
| Reno North | $480K | $479.4K | -0.1% |
Median Sold Price By Bedrooms
| Beds | Apr 2024 | Apr 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $215K | $230K | +7.0% |
| 22 Bedrooms | $419.3K | $414.8K | -1.1% |
| 33 Bedrooms | $527K | $550.4K | +4.4% |
| 44 Bedrooms | $693.6K | $719K | +3.7% |
| 55+ Bedrooms | $1.0M | $1.1M | +5.2% |
Summary: Reno housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +7.0%. The home price for 2 bedroom homes decreased by -1.1%. The home price for 3 bedroom homes increased by +4.4%. The home price for 4 bedroom homes increased by +3.7%. The home price for 5 bedroom homes increased by +5.2%.
How does Reno, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Reno, NV
Housing supply in Reno, NV
How many homes are available in Reno, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 1,477Last MonthApr 2025 | ||
| 1,3212 months agoMar 2025 | +11.8 % Change MoMMar – Apr |
Summary: The Reno real estate market had 1,477 homes for sale in Apr 2025, a 11.8 % increase compared to Mar 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 287Last MonthApr 2025 | ||
| 2882 months agoMar 2025 | -0.3 % Change MoMMar – Apr |
Homes For Sale By Bedroom Count
| Beds | Mar 2025 | Apr 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 79 | 95 | +20.3% |
| 22 Bedrooms | 273 | 290 | +6.2% |
| 33 Bedrooms | 503 | 566 | +12.5% |
| 44 Bedrooms | 367 | 404 | +10.1% |
| 55+ Bedrooms | 99 | 122 | +23.2% |
Summary: Reno housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +20.3%. The inventory for 2 bedroom homes increased by +6.2%. The inventory for 3 bedroom homes increased by +12.5%. The inventory for 4 bedroom homes increased by +10.1%. The inventory for 5 bedroom homes increased by +23.2%.
Asking Price vs. Sold Price
How much do homes in Reno, NV cost?
Over Asking Price45 Homes
At Asking Price88 Homes
Under Asking Price154 Homes
Insight
If you're buying a home in Reno, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.
Summary: A total of 287 homes were sold or pending in Reno in April 2025, down by 0.3% month-over-month. Of the 287 sold homes, 54% were sold under asking, 31% were sold at asking, and and 16% were sold over asking.
Days on Market for Reno, NV
How long does it take to sell a home in Reno, NV?
Breakdown of Home Sale Times
Under 30 Days33 Homes
30 – 90 Days176 Homes
Over 90 Days78 Homes
Insight
Avg time on Rocket Homes in Reno has remained consistent over time.
Summary: During April 2025, 287 homes were sold in Reno; 11% of homes were sold within 30 days, 61% of homes were sold within 30 to 90 days, and 27% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 83 DaysThis YearApr 2025 | ||
| 77 Days1 year agoApr 2024 | +6.8 % Change YoYApr 2024 – Apr 2025 |
Summary: Homes in Reno had an average listing age of 83 days in Apr 2025, up by 6.8% compared to the previous year.
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Newest Listings in Reno, NV
What homes are available in Reno, NV?
6 hours on Rocket
$5,657 Closing Credit¹
#250002439, Raquel Barrett, Listing Office: Jenuane Communities
7 hours on Rocket
$10,000 Closing Credit¹
#250005732, Erika Lamb, Listing Office: Welcome Home
9 hours on Rocket
$10,000 Closing Credit¹
#250005729, Diane Heaton, Listing Office: LPT Realty, LLC
10 hours on Rocket
$9,203 Closing Credit¹
#250005728, Kerry Herdt, Listing Office: LPT Realty, LLC
11 hours on Rocket
#250005726, Soni Jackson, Listing Office: Sierra Sotheby's Intl. Realty
11 hours on Rocket
$10,000 Closing Credit¹
#250005725, Michael Jackson, Listing Office: Keller Williams Group One Inc.
11 hours on Rocket
$2,494 Closing Credit¹
#250005724, Alma Chilson, Listing Office: Solid Source Realty
11 hours on Rocket
$7,469 Closing Credit¹
#250005721, Jennifer Anderson, Listing Office: LPT Realty, LLC
11 hours on Rocket
#250005718, Peter Moritz, Listing Office: RE/MAX Gold
12 hours on RocketTour
$10,000 Closing Credit¹
#250005714, Kenneth Lund, Listing Office: Ferrari-Lund Real Estate South
12 hours on Rocket
$5,522 Closing Credit¹
#250005715, Joe Delorenzi, Listing Office: Reno/Tahoe Realty Group, LLC
Nearby markets
Nearby markets aren't available for Reno, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 05/01/2023 - 05/01/2025
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: 5/2/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.