New - 3 hours on Rocket
$8,608 Closing Credit¹
Jennifer Smith, Listing Office: HomeGate Realty of Nevada
Warm Springs-Truckee Canyon Housing Market Report December 2024•Washoe County, Nevada
Housing Prices in Warm Springs-Truckee Canyon, NV
How much do homes in Warm Springs-Truckee Canyon, NV cost?
Housing Market Conditions
Is Warm Springs-Truckee Canyon, NV a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Warm Springs-Truckee Canyon is a Seller's Market
Difference Since December 2023
Since last year, Warm Springs-Truckee Canyon has remained a Seller's Market.
Insight
Warm Springs-Truckee Canyon is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$573,500$293/SqFt
+$23,518
+4.3%
Based on all homes sold in the last 12 months
Insight
Homes in Warm Springs-Truckee Canyon have sold for 4.3% more than they did a year ago.
Summary: The median home sold price in Warm Springs-Truckee Canyon was $573,500 in December 2024, up 4.3% from last year, and the median price per square foot was $293.
Median Sold Price By City
| City | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| Warm Springs-Truckee Canyon | $549.9K | $573.5K | +4.3% |
| Sparks | $499.9K | $520.7K | +4.1% |
| North Valleys | $435K | $447.6K | +2.9% |
Median Sold Price By Bedrooms
| Beds | Dec 2023 | Dec 2024 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | $446K | N/A |
| 22 Bedrooms | $425K | $470K | +10.6% |
| 33 Bedrooms | $509.9K | $526.3K | +3.2% |
| 44 Bedrooms | $590K | $624.9K | +5.9% |
| 55+ Bedrooms | $725K | $725K | 0.0% |
Summary: Warm Springs-Truckee Canyon housing price by bedroom type for December 2024, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +10.6%. The home price for 3 bedroom homes increased by +3.2%. The home price for 4 bedroom homes increased by +5.9%. The home price for 5 bedroom homes did not change.
Housing supply in Warm Springs-Truckee Canyon, NV
How many homes are available in Warm Springs-Truckee Canyon, NV?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 325Last MonthDec 2024 | ||
| 3462 months agoNov 2024 | -6.1 % Change MoMNov – Dec |
Summary: The Warm Springs-Truckee Canyon real estate market had 325 homes for sale in Dec 2024, a 6.1 % decrease compared to Nov 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 70Last MonthDec 2024 | ||
| 712 months agoNov 2024 | -1.4 % Change MoMNov – Dec |
Homes For Sale By Bedroom Count
| Beds | Nov 2024 | Dec 2024 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 30 | 34 | +13.3% |
| 33 Bedrooms | 168 | 148 | -11.9% |
| 44 Bedrooms | 120 | 113 | -5.8% |
| 55+ Bedrooms | 28 | 30 | +7.1% |
Summary: Warm Springs-Truckee Canyon housing inventory by bedroom type for December 2024, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +13.3%. The inventory for 3 bedroom homes decreased by -11.9%. The inventory for 4 bedroom homes decreased by -5.8%. The inventory for 5 bedroom homes increased by +7.1%.
Asking Price vs. Sold Price
How much do homes in Warm Springs-Truckee Canyon, NV cost?
Over Asking Price7 Homes
At Asking Price23 Homes
Under Asking Price40 Homes
Insight
If you're buying a home in Warm Springs-Truckee Canyon, you may be able to get a good deal. 57.1% of homes here sold below asking price last month.
Summary: A total of 70 homes were sold or pending in Warm Springs-Truckee Canyon in December 2024, down by 1.4% month-over-month. Of the 70 sold homes, 57% were sold under asking, 33% were sold at asking, and and 10% were sold over asking.
Days on Market for Warm Springs-Truckee Canyon, NV
How long does it take to sell a home in Warm Springs-Truckee Canyon, NV?
Breakdown of Home Sale Times
Under 30 Days4 Homes
30 – 90 Days48 Homes
Over 90 Days18 Homes
Insight
Avg time on Rocket Homes in Warm Springs-Truckee Canyon has remained consistent over time.
Summary: During December 2024, 70 homes were sold in Warm Springs-Truckee Canyon; 6% of homes were sold within 30 days, 69% of homes were sold within 30 to 90 days, and 26% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 82 DaysThis YearDec 2024 | ||
| 82 Days1 year agoDec 2023 | -0.4 % Change YoYDec 2023 – Dec 2024 |
Summary: Homes in Warm Springs-Truckee Canyon had an average listing age of 82 days in Dec 2024, down by 0.4% compared to the previous year.
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Newest Listings in Warm Springs-Truckee Canyon, NV
What homes are available in Warm Springs-Truckee Canyon, NV?
New - 3 hours on Rocket
$10,000 Closing Credit¹
Shaina King, Listing Office: RE/MAX Gold
New - 16 hours on Rocket
$6,116 Closing Credit¹
Ainsley Murdock, Listing Office: Dickson Realty - Downtown
New - 17 hours on Rocket
$8,372 Closing Credit¹
Robert Coons, Listing Office: RE/MAX Gold
New - 20 hours on Rocket
$8,229 Closing Credit¹
Gaven Holcomb, Listing Office: Pacific Wind Realty
New - 1 day on Rocket
$8,063 Closing Credit¹
Penny Tenpenny, Listing Office: Keller Williams Group One Inc.
New - 1 day on Rocket
$10,000 Closing Credit¹
Angela Beard, Listing Office: RE/MAX Gold
New - 1 day on Rocket
$7,481 Closing Credit¹
Maxine Ramirez, Listing Office: Epique Realty
New - 1 day on Rocket
$8,074 Closing Credit¹
Katherine Gillespie, Listing Office: eXp Realty
New - 2 days on Rocket
$8,298 Closing Credit¹
Stephanie Hollinger, Listing Office: Haute Properties NV
New - 3 days on Rocket
Phil Welch, Listing Office: eXp Realty
New - 4 days on Rocket
$5,807 Closing Credit¹
Angelica Reyes, Listing Office: JMG Real Estate
Nearby markets
Nearby markets aren't available for Warm Springs-Truckee Canyon, NV
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MLS Disclaimers and Copyright
Based on information from Northern Nevada Regional MLS, for the period 01/01/2023 - 01/01/2025
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: 1/29/2025, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.