18 hours on Rocket
$9,464 Closing Credit¹
#250004390, Janice McElroy, Listing Office: RE/MAX Gold
Reno Southeast Housing Market Report March 2025•Washoe County, Nevada
Housing Prices in Reno Southeast, NV
How much do homes in Reno Southeast, NV cost?
Housing Market Conditions
Is Reno Southeast, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Reno Southeast is a Seller's Market
Difference Since March 2024
Since last year, Reno Southeast has remained a Seller's Market.
Insight
Reno Southeast is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$596,460$329/SqFt
+$37,960
+6.8%
Based on all homes sold in the last 12 months
Insight
Homes in Reno Southeast have sold for 6.8% more than they did a year ago.
Summary: The median home sold price in Reno Southeast was $596,460 in March 2025, up 6.8% from last year, and the median price per square foot was $329.
Median Sold Price By Cities
| City | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| Reno Southeast | $558.5K | $596.4K | +6.8% |
| Reno | $543.1K | $578.6K | +6.5% |
| Washoe Valley | $1.0M | $1.1M | +4.9% |
| Sparks | $505.2K | $525K | +3.9% |
| Reno North | $475K | $482K | +1.5% |
Median Sold Price By Bedrooms
| Beds | Mar 2024 | Mar 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $206.5K | $209K | +1.2% |
| 22 Bedrooms | $395K | $415K | +5.1% |
| 33 Bedrooms | $587.6K | $588K | 0.1% |
| 44 Bedrooms | $703K | $715K | +1.7% |
| 55+ Bedrooms | $860K | $800K | -7.0% |
Summary: Reno Southeast housing price by bedroom type for March 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.2%. The home price for 2 bedroom homes increased by +5.1%. The home price for 3 bedroom homes increased by 0.1%. The home price for 4 bedroom homes increased by +1.7%. The home price for 5 bedroom homes decreased by -7.0%.
How does Reno Southeast, NV compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Reno Southeast, NV
Housing supply in Reno Southeast, NV
How many homes are available in Reno Southeast, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 306Last MonthMar 2025 | ||
| 2672 months agoFeb 2025 | +14.6 % Change MoMFeb – Mar |
Summary: The Reno Southeast real estate market had 306 homes for sale in Mar 2025, a 14.6 % increase compared to Feb 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 67Last MonthMar 2025 | ||
| 682 months agoFeb 2025 | -1.5 % Change MoMFeb – Mar |
Homes For Sale By Bedroom Count
| Beds | Feb 2025 | Mar 2025 | Change MoM |
|---|---|---|---|
| 33 Bedrooms | 86 | 100 | +16.3% |
| 11 Bedroom | 22 | 28 | +27.3% |
| 22 Bedrooms | 84 | 105 | +25.0% |
| 44 Bedrooms | 60 | 53 | -11.7% |
| 55+ Bedrooms | 15 | 20 | +33.3% |
Summary: Reno Southeast housing inventory by bedroom type for March 2025, compared to the previous month. The inventory for 3 bedroom homes increased by +16.3%. The inventory for 1 bedroom homes increased by +27.3%. The inventory for 2 bedroom homes increased by +25.0%. The inventory for 4 bedroom homes decreased by -11.7%. The inventory for 5 bedroom homes increased by +33.3%.
Asking Price vs. Sold Price
How much do homes in Reno Southeast, NV cost?
Over Asking Price12 Homes
At Asking Price19 Homes
Under Asking Price36 Homes
Insight
If you're buying a home in Reno Southeast, you may be able to get a good deal. 53.7% of homes here sold below asking price last month.
Summary: A total of 67 homes were sold or pending in Reno Southeast in March 2025, down by 1.5% month-over-month. Of the 67 sold homes, 54% were sold under asking, 28% were sold at asking, and and 18% were sold over asking.
Days on Market for Reno Southeast, NV
How long does it take to sell a home in Reno Southeast, NV?
Breakdown of Home Sale Times
Under 30 Days13 Homes
30 – 90 Days37 Homes
Over 90 Days17 Homes
Insight
Avg time on Rocket Homes in Reno Southeast has remained consistent over time.
Summary: During March 2025, 67 homes were sold in Reno Southeast; 19% of homes were sold within 30 days, 55% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 66 DaysThis YearMar 2025 | ||
| 77 Days1 year agoMar 2024 | -15.0 % Change YoYMar 2024 – Mar 2025 |
Summary: Homes in Reno Southeast had an average listing age of 66 days in Mar 2025, down by 15.0% compared to the previous year.
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Newest Listings in Reno Southeast, NV
What homes are available in Reno Southeast, NV?
3 days on Rocket
$9,500 Closing Credit¹
#250004284, Megan Lowe, Listing Office: Chase International-Damonte
3 days on Rocket
$9,322 Closing Credit¹
#250004262, Aristotle Alquiza, Listing Office: Real Broker LLC
3 days on Rocket
$7,826 Closing Credit¹
#250004261, Terri Cole, Listing Office: Coldwell Banker Select Mt Rose
3 days on Rocket
$4,691 Closing Credit¹
#250004243, Felisa Cusimano-Martin, Listing Office: Dickson Realty - Sparks
3 days on Rocket
$9,559 Closing Credit¹
#250004238, Lesley Schmidt, Listing Office: Haute Properties NV
3 days on Rocket
$10,000 Closing Credit¹
#250004236, Rotem Azulay, Listing Office: Compass
4 days on Rocket
$10,000 Closing Credit¹
#250004223, Samantha Saquella, Listing Office: RE/MAX Professionals-Reno
4 days on Rocket
$10,000 Closing Credit¹
#250004216, Trevor Richardson, Listing Office: Address Income
4 days on Rocket
$10,000 Closing Credit¹
#250004197, Nicholas Abe, Listing Office: RE/MAX Professionals-Reno
4 days on Rocket
$7,719 Closing Credit¹
#250004182, Patrick Allison, Listing Office: eXp Realty, LLC
4 days on Rocket
$5,813 Closing Credit¹
#250004172, Justin Hertz, Listing Office: Dickson Realty - Damonte Ranch
Nearby markets
Nearby markets aren't available for Reno Southeast, NV
Popular Cities with Homes for Sale in Nevada
MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 04/01/2023 - 04/01/2025
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: 4/8/2025, 8:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.