All Home Types
Reno, NV Housing Market
What is the housing market like in Reno today?
In December 2024, Reno home prices were down 1.2% compared to last year, selling for a median price of $519K. On average, homes in Reno sell after 63 days on the market compared to 53 days last year. There were 245 homes sold in December this year, up from 190 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$518,500
-1.2% YoY | Dec 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Dec 2024
Growth
% YoY
Reno, NV
$518,500
-1.2%
United States
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Reno Migration & Relocation Trends
In Oct '24 - Dec '24, 35% of Reno homebuyers searched to move out of Reno, while 65% looked to stay within the metropolitan area.
- Across the nation, 0.43% of homebuyers searched to move into Reno from outside metros.
- San Francisco homebuyers searched to move into Reno more than any other metro followed by Los Angeles and San Diego.
Where are people moving to Reno from?
- 65% of Reno homebuyers searched to stay within the Reno metropolitan area.
- Indianapolis was the most popular destination among Reno homebuyers followed by Fallon and Nashville.
Where are people from Reno moving to?
Number of People Moving to Reno
least
most
People are moving to Reno from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 1,578 | ||
| 2 | 770 | ||
| 3 | 142 | ||
| 4 | 126 | ||
| 5 | 103 | ||
| 6 | 59 | ||
| 7 | 57 | ||
| 8 | 56 | ||
| 9 | 42 | ||
| 10 | 39 | ||
People are leaving Reno for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Oct '24 - Dec '24 | ||
| 1 | 74 | ||
| 2 | 30 | ||
| 3 | 22 | ||
| 4 | 15 | ||
| 5 | 15 | ||
| 6 | 15 | ||
| 7 | 12 | ||
| 8 | 11 | ||
| 9 | 10 | ||
| 10 | 9 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Reno.
Provided by First Street Foundation
Transportation in Reno
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