New - 17 minutes on Rocket
$7,303 Closing Credit¹
#250002520, Robert Sweifach, Listing Office: Reno Country Properties
Reno Southeast Housing Market Report February 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 February 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
$594,200$328/SqFt
+$41,533
+7.5%
Based on all homes sold in the last 12 months
Insight
Homes in Reno Southeast have sold for 7.5% more than they did a year ago.
Summary: The median home sold price in Reno Southeast was $594,200 in February 2025, up 7.5% from last year, and the median price per square foot was $328.
Median Sold Price By Cities
| City | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| Reno | $537.9K | $578.8K | +7.6% |
| Reno Southeast | $552.6K | $594.2K | +7.5% |
| Sparks | $500.6K | $522.4K | +4.3% |
| Reno North | $471.9K | $485.3K | +2.8% |
| Washoe Valley | $1.0M | $1.1M | +1.6% |
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $204.9K | $209K | +2.0% |
| 22 Bedrooms | $395K | $411.1K | +4.1% |
| 33 Bedrooms | $580K | $587K | +1.2% |
| 44 Bedrooms | $699K | $710.8K | +1.7% |
| 55+ Bedrooms | $840K | $800K | -4.8% |
Summary: Reno Southeast housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +2.0%. The home price for 2 bedroom homes increased by +4.1%. The home price for 3 bedroom homes increased by +1.2%. The home price for 4 bedroom homes increased by +1.7%. The home price for 5 bedroom homes decreased by -4.8%.
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 |
|---|---|---|
| 276Last MonthFeb 2025 | ||
| 2602 months agoJan 2025 | +6.2 % Change MoMJan – Feb |
Summary: The Reno Southeast real estate market had 276 homes for sale in Feb 2025, a 6.2 % increase compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 65Last MonthFeb 2025 | ||
| 562 months agoJan 2025 | +16.1 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 22 | 24 | +9.1% |
| 22 Bedrooms | 86 | 88 | +2.3% |
| 33 Bedrooms | 73 | 87 | +19.2% |
| 44 Bedrooms | 64 | 62 | -3.1% |
| 55+ Bedrooms | 15 | 15 | 0.0% |
Summary: Reno Southeast housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +9.1%. The inventory for 2 bedroom homes increased by +2.3%. The inventory for 3 bedroom homes increased by +19.2%. The inventory for 4 bedroom homes decreased by -3.1%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Reno Southeast, NV cost?
Over Asking Price13 Homes
At Asking Price14 Homes
Under Asking Price38 Homes
Insight
If you're buying a home in Reno Southeast, you may be able to get a good deal. 58.5% of homes here sold below asking price last month.
Summary: A total of 65 homes were sold or pending in Reno Southeast in February 2025, up by 16.1% month-over-month. Of the 65 sold homes, 58% were sold under asking, 22% were sold at asking, and and 20% 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 Days10 Homes
30 – 90 Days27 Homes
Over 90 Days28 Homes
Insight
Most homes in Reno Southeast are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During February 2025, 65 homes were sold in Reno Southeast; 15% of homes were sold within 30 days, 42% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 97 DaysThis YearFeb 2025 | ||
| 73 Days1 year agoFeb 2024 | +31.3 % Change YoYFeb 2024 – Feb 2025 |
Summary: Homes in Reno Southeast had an average listing age of 97 days in Feb 2025, up by 31.3% 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 Reno Southeast, NV
What homes are available in Reno Southeast, NV?
New - 3 hours on Rocket
$3,266 Closing Credit¹
#250002511, Frederick McElroy, Listing Office: Dickson Realty - Damonte Ranch
New - 4 hours on Rocket
$10,000 Closing Credit¹
#250002043, Lindsay Clarke, Listing Office: RE/MAX Professionals-Reno
New - 21 hours on Rocket
$9,203 Closing Credit¹
#250002501, Michael Wood, Listing Office: RE/MAX Professionals-Reno
New - 2 days on Rocket
$5,225 Closing Credit¹
#250002477, Karina Johnson, Listing Office: RE/MAX Gold
New - 2 days on Rocket
$7,363 Closing Credit¹
#250002467, Denise Fox, Listing Office: Dickson Realty - Caughlin
New - 2 days on Rocket
$10,000 Closing Credit¹
#250002458, Marilyn Minor, Listing Office: Dickson Realty - Caughlin
New - 2 days on Rocket
$5,166 Closing Credit¹
#250002455, Haley Paulsen, Listing Office: Stitser Properties
New - 2 days on Rocket
$9,467 Closing Credit¹
#250002449, Brian Kuykendall, Listing Office: Keller Williams Group One Inc.
New - 3 days on Rocket
$8,134 Closing Credit¹
#250002382, Lindsey Leonis, Listing Office: Sierra Nevada Properties-Reno
New - 3 days on Rocket
$10,000 Closing Credit¹
#250002366, Michael Wood, Listing Office: RE/MAX Professionals-Reno
New - 3 days on Rocket
$10,000 Closing Credit¹
#250002351, Nicolle Gust, Listing Office: Chase International-Damonte
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 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: 3/3/2025, 6:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.