Reno housing market: home prices, trends and forecast
For Reno home prices, the Zillow Home Value Index showed $571,562 for a typical Reno, Nevada home in September 2026. It was up 2.0% from the prior year and 1.5% below the June 2022 peak of $580,316.
- Value of a typical home
- $571,562September 2026, Zillow ZHVI
- Change in 12 months
- +2.0%. Since September 2025.
Reno home prices since 2000
Reno is the steel line, and the United States is the grey line. A typical Reno home rose from $173,216 in January 2000 to $571,562, a ×3.30 increase. Over those months, the US recorded ×2.99. The boom reached $377,004 in May 2006. Its low was $159,454 in April 2012, a 57.7% drop.
Reno median home price by year
Each year averages twelve monthly values, while 2026 displays only its latest month.
| Year | Reno | Change on the year | United States |
|---|---|---|---|
| 2000 | $175,329 | $125,745 | |
| 2001 | $182,562 | +4.1% | $134,899 |
| 2002 | $196,511 | +7.6% | $144,276 |
| 2003 | $220,684 | +12.3% | $155,308 |
| 2004 | $271,558 | +23.1% | $169,891 |
| 2005 | $349,395 | +28.7% | $189,732 |
| 2006 | $373,147 | +6.8% | $206,531 |
| 2007 | $343,945 | −7.8% | $208,449 |
| 2008 | $286,979 | −16.6% | $195,574 |
| 2009 | $221,463 | −22.8% | $177,542 |
| 2010 | $194,005 | −12.4% | $171,462 |
| 2011 | $172,327 | −11.2% | $162,508 |
| 2012 | $162,859 | −5.5% | $161,137 |
| 2013 | $195,866 | +20.3% | $171,420 |
| 2014 | $233,885 | +19.4% | $182,996 |
| 2015 | $265,940 | +13.7% | $192,738 |
| 2016 | $303,165 | +14.0% | $204,509 |
| 2017 | $328,284 | +8.3% | $216,767 |
| 2018 | $365,957 | +11.5% | $230,541 |
| 2019 | $385,339 | +5.3% | $242,088 |
| 2020 | $403,411 | +4.7% | $257,151 |
| 2021 | $489,778 | +21.4% | $295,959 |
| 2022 | $561,104 | +14.6% | $340,014 |
| 2023 | $529,786 | −5.6% | $348,160 |
| 2024 | $550,124 | +3.8% | $359,751 |
| 2025 | $563,303 | +2.4% | $362,959 |
| September 2026 | $571,562 | +2.0% | $366,157 |
Current value of a Reno home bought in any year
This uses an index for a typical home and does not provide an appraisal.
Each year's figure averages its twelve monthly index values; the current value is September 2026. See the home appreciation calculator for more options.
Are you thinking of selling? On Realtor.com, compare local agents. Advertising disclosure: the site may receive payment for links like this one, but it never changes a number. Disclosure.
Reno housing market forecast
For the Reno, NV metro, Zillow's forecast is +2.4% during the 12 months beginning in September 2026. It also expects +1.3% during the next three months. That would put Reno's typical value of $571,562 near $585,300 after one year.
Zillow's central estimate for the metro appears here; this site does not publish a forecast of its own. This type of 12-month projection typically misses the realized change by several percentage points, in either direction. This is not investment advice.
All metro forecasts sit in a single table: housing market forecast.
Reno housing market crash risk score
47 of 100, on the high side
Five conditions that ran high before previous price falls are used to rank Reno against the 292 cities. Each input receives a score from 0 to 100 when compared with the other cities, and the five scores are averaged with equal weight. It shows current conditions and does not predict a crash.
| Input | Value | Sub-score | Weight |
|---|---|---|---|
| Active listings vs 2019 | −25.3% | 15 | 20% |
| Market time in days vs 2019 | −3.6% | 30 | 20% |
| Price-to-rent ratio | 23.9 | 79 | 20% |
| Price-to-income ratio | 6.7 | 79 | 20% |
| 12-month price change | +2.0% | 33 | 20% |
This is not investment advice. Learn how the inputs are scored: methodology. See the ranking of all 292 cities: crash risk by city.
Homes for sale and listing times in Reno
In September 2026 the Reno, NV metro listed 1,499 homes for sale, down 16.4% from a year earlier and down 25.3% from the same month in 2019. Homes sold after a median of 54 days on the market (−3.6% against 2019), while 22.7% of listings had their prices reduced.
| Reno, NV metro, September 2026 | Value | On a year |
|---|---|---|
| Active listings | 1,499 | −16.4% |
| New listings | 612 | |
| Median days on market | 54 | −18.2% |
| Median list price | $645,450 | +0.5% |
| Share with a price cut | 22.7% |
Metro inventory comes from Realtor.com® Economic Research. Realtor.com data. For every metro: days on market by city.
Living costs in Reno
The Zillow Observed Rent Index lists the typical asking rent in Reno as $1,997 a month, up 8.1% over a year. Paying that rent for 23.9 years would equal the cost of a typical home. With median household income at $85,605 (Census ACS 2024), a typical home is worth 6.7 times a year's income. Prices in the metro have a BEA index of 101.0, while the US average is 100. The housing cost index is 123.5.
Learn about local rents, prices, and the salary needed to move: cost of living in Reno.
More housing markets in Nevada
- Las Vegas $417,475
- Henderson housing market $478,064.
- Carson City $500,511
View the state overall: Nevada housing market.
How to read this chart
Each point represents the Zillow Home Value Index for Reno. It gives the value of a home typical within the market's middle third, with smoothing and seasonal adjustment, expressed in that month's dollars. The hollow dot shows the slider month, and the terracotta dot shows the latest month. Inflation is not included in these figures. The index tracks a typical home, not one particular house. Use the card above or the home appreciation calculator to estimate a single home's value from its sale price.