Reno North Housing Market Report April 2025Washoe County, Nevada

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Housing Prices in Reno North, NV

How much do homes in Reno North, NV cost?

Housing Market Conditions

Is Reno North, NV a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Reno North is a Seller's Market

Difference Since April 2024

Since last year, Reno North has remained a Seller's Market.

Insight

Reno North is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$479,453$323/SqFt
-$546
-0.1%

Based on all homes sold in the last 12 months

Insight

The sold price of homes in Reno North has remained the same since last year.

Summary: The median home sold price in Reno North was $479,453 in April 2025, down 0.1% from last year, and the median price per square foot was $323.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Verdi
+5.8%
Reno
+5.4%
Sparks
+3.6%
Sun Valley
+2.2%
Reno North
-0.1%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$240K$246.9K
+2.9%
2$340K$316.5K
-6.9%
3$485K$499K
+2.9%
4$585K$602K
+2.9%
5$645K$716.2K
+11.0%

Summary: Reno North housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.9%. The home price for 2 bedroom homes decreased by -6.9%. The home price for 3 bedroom homes increased by +2.9%. The home price for 4 bedroom homes increased by +2.9%. The home price for 5 bedroom homes increased by +11.0%.

How does Reno North, NV compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Reno North, NV

Housing supply in Reno North, NV

How many homes are available in Reno North, NV?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
284Last MonthApr 2025
2552 months agoMar 2025
+11.4 %
Change MoMMar – Apr

Summary: The Reno North real estate market had 284 homes for sale in Apr 2025, a 11.4 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
58Last MonthApr 2025
572 months agoMar 2025
+1.8 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
27580
+6.7%
396100
+4.2%
44353
+23.3%
5810
+25.0%
13341
+24.2%

Summary: Reno North housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 2 bedroom homes increased by +6.7%. The inventory for 3 bedroom homes increased by +4.2%. The inventory for 4 bedroom homes increased by +23.3%. The inventory for 5 bedroom homes increased by +25.0%. The inventory for 1 bedroom homes increased by +24.2%.

Asking Price vs. Sold Price

How much do homes in Reno North, NV cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price12 Homes

At Asking Price14 Homes

Under Asking Price32 Homes

Insight

If you're buying a home in Reno North, you may be able to get a good deal. 55.2% of homes here sold below asking price last month.

Summary: A total of 58 homes were sold or pending in Reno North in April 2025, up by 1.8% month-over-month. Of the 58 sold homes, 55% were sold under asking, 24% were sold at asking, and and 21% were sold over asking.

Days on Market for Reno North, NV

How long does it take to sell a home in Reno North, NV?

Breakdown of Home Sale Times

Under 30 Days6 Homes

30 – 90 Days41 Homes

Over 90 Days11 Homes

Insight

Avg time on Rocket Homes in Reno North has remained consistent over time.

Summary: During April 2025, 58 homes were sold in Reno North; 10% of homes were sold within 30 days, 71% of homes were sold within 30 to 90 days, and 19% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
74 DaysThis YearApr 2025
66 Days1 year agoApr 2024
+10.9 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Reno North had an average listing age of 74 days in Apr 2025, up by 10.9% compared to the previous year.

Newest Listings in Reno North, NV

What homes are available in Reno North, NV?

Nearby markets

Nearby markets aren't available for Reno North, NV

MLS Disclaimers and Copyright

Based on information from Northern Nevada Regional MLS, for the period 05/01/2023 - 05/01/2025

IDX 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, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.