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Reno Real Estate Forecast, Reno Area Housing Prices and Home Value Trends and Predictions

Is buying a house in Reno a good investment? The median home price in Reno City today: 382840 USD (+0.159%)

Current Price
1-Year Forecast *
5-Year Forecast *
Reno city real estate market report for buying and selling homes with median prices:
"Is it a good time to buy homes in Reno City?" "Does investing in real estate in Reno (Nevada State, Washoe County) worth it?" According to our live Forecast System, buying a house in Reno City is a not so good short-term (1-year) investment*. The Reno average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Reno" projections.
At zhongliwanfu.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Reno City in Nevada State, Washoe County. If you are looking for homes for sale with good flipping profit, Reno can be a profitable property investment option. The median price of an average house in Reno was 382840 USD on 2024-12-21. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Reno" area is 418340 USD by 2029-12-31. For a 5-year investment the profit is expected to be around +9.27% meaning that investing 100000 USD today may yield a profit of 109270 USD by 2029.
Current Median Listing Price: 382840 USD
Median Listing Price Per Square Foot: 213 USD

Reno City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.
Reno prediction details
Reno City Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year
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Reno City (Nevada State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2023-2029

The long-term housing forecast is based on all the available median listing price recorded up to today.
Reno prediction details
Reno City (Nevada State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2028-2028
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Detailed Trend Components of the Reno Property Price Forecast and Prognosis

Reno prediction details
Detailed Data for the Reno City Real Estate Forecast Charts of the Upcoming Months and Year
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14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2022Open: 363607Close: 366817Low: 363607High: 366817
2021Open: 360879Close: 362865Low: 359439High: 362865
2020Open: 395860Close: 360276Low: 357331High: 397390
2019Open: 388000Close: 394350Low: 388000High: 394350
2018Open: 353590Close: 386240Low: 353590High: 386240
2017Open: 322220Close: 351850Low: 322220High: 351850
2016Open: 298430Close: 319830Low: 298430High: 319830
2015Open: 259210Close: 294910Low: 259210High: 294910
2014Open: 238160Close: 256550Low: 238160High: 256550
2013Open: 188180Close: 236350Low: 188180High: 236350
2012Open: 165650Close: 183950Low: 163930High: 183950
2011Open: 188790Close: 166580Low: 166580High: 188790
2010Open: 204900Close: 190240Low: 190240High: 204900
2009Open: 254100Close: 206990Low: 206990High: 254100

Questions and Answers about the Reno Housing Market Forecast

How much does an average home cost in Reno today?

The value of an average home (the listing price) in Reno City is 382840 USD.

What is the average price per square foot in Reno City?

According to Walletinvestor the median price per square foot in Reno City is 213 USD.

Will the median listing price of homes in Reno City grow / rise / go up?

Yes. The Reno home prices may rise from 382840 USD to 390488 USD in one year.

Is it profitable to invest in Reno homes?

Yes. The long-term profit potential is +2.00% in one year.

Will Reno house prices fall / drop?

No. See above.

What is the predicted price of a Reno home in 2029?

The predicted home sales price of a Reno home in 2029 in Reno City is 418340 USD.

What is the predicted price of a Reno home in 2034?

The predicted home sales price of a Reno home in 2034 in Reno City is 436466 USD.

Will real estate prices decrease in Reno?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Reno City is the 87. largest city in the United States, located in Nevada State.

During the last 12 months the real estate prices in Washoe, Reno City increased, looking at the past 12 months.

According to Walletinvestor’s Reno real estate market research, home values will decrease in the next 12 months.

Median home values increased by 118.018% to 382840 USD, between 2023-11-30 and 2024-11-30

The average annual profit of property investment was:

  • 1.637% in 2019
  • -8.989% in 2020
  • 0.550% in 2021
  • 5.290% in 2022
  • 0.000001% in 2023
  • 0.000001% in 2024

Based on our Reno City real estate market research and report the predicted sales prices will increase by 14.007% in the next 10 years.

Over the last 12 months, the value of homes in Reno City fluctuated: increasing 10 times and decreasing 2 times.


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Reno (Nevada State) Property Investment Growth

Reno Property Market Information

Recommendations by the previous and the upcoming 36 months: buy or sell a home in Reno? See the Reno (Nevada State, Washoe County) property price forecasts, and buy/sell analysis based on the Housing Market and Property Investment report below. According to current data of median home prices: Reno's real estate prices and its market environment have been in a bullish cycle in the last 36 months. Our property investment analyst Ai predicts a negative trend in the near future and buying a house in Reno is not a good investment for making profit. All the above imply a negative outlook for the Reno city property market, and we recommend looking for other cities instead to build a real estate portfolio in Reno. Flipping houses for profit in bearish markets is always harder so you might want to avoid these problematic cities if you are not a veteran. Always read up on optimal real estate investment strategies if you are new to investing.

Reno Real Estate Price Trends, Housing Market Forecast for next months and years

If you are looking for the best real estate investment opportunities in the State of Nevada, Reno City can be a a not so good option. To help you in your decision see the estimated home prices and values in Reno City below. Our property price forecasts can help home buyers and sellers make better property investment decisions for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.
DateAverage priceMinimum priceMaximum price
Reno Housing Market Forecast with Real Estate Prices for 2025January 2025Open: 384384Min: 308562Max: 461950
Reno Housing Market Forecast with Real Estate Prices for 2025February 2025Open: 385087Min: 300221Max: 459349
Reno Housing Market Forecast with Real Estate Prices for 2025March 2025Open: 384614Min: 306998Max: 456868
Reno Housing Market Forecast with Real Estate Prices for 2025April 2025Open: 385060Min: 304789Max: 461523
Reno Housing Market Forecast with Real Estate Prices for 2025May 2025Open: 385652Min: 306387Max: 460050
Reno Housing Market Forecast with Real Estate Prices for 2025June 2025Open: 386477Min: 309949Max: 466282
Reno Housing Market Forecast with Real Estate Prices for 2025July 2025Open: 387172Min: 308716Max: 463875
Reno Housing Market Forecast with Real Estate Prices for 2025August 2025Open: 387716Min: 303273Max: 462265
Reno Housing Market Forecast with Real Estate Prices for 2025September 2025Open: 388471Min: 314996Max: 467646
Reno Housing Market Forecast with Real Estate Prices for 2025October 2025Open: 389135Min: 316402Max: 461619
Reno Housing Market Forecast with Real Estate Prices for 2025November 2025Open: 389802Min: 310419Max: 468586
Reno Housing Market Forecast with Real Estate Prices for 2025December 2025Open: 390488Min: 307058Max: 464179
Reno Housing Market Forecast with Real Estate Prices for 2026January 2026Open: 391338Min: 318239Max: 462846
Reno Housing Market Forecast with Real Estate Prices for 2026February 2026Open: 392049Min: 319696Max: 466218
Reno Housing Market Forecast with Real Estate Prices for 2026March 2026Open: 391571Min: 321916Max: 472119
Reno Housing Market Forecast with Real Estate Prices for 2026April 2026Open: 392023Min: 316120Max: 477223
Reno Housing Market Forecast with Real Estate Prices for 2026May 2026Open: 392613Min: 314344Max: 471252
Reno Housing Market Forecast with Real Estate Prices for 2026June 2026Open: 393437Min: 314220Max: 468359
Reno Housing Market Forecast with Real Estate Prices for 2026July 2026Open: 394127Min: 313194Max: 471795
Reno Housing Market Forecast with Real Estate Prices for 2026August 2026Open: 394669Min: 315771Max: 473678
Reno Housing Market Forecast with Real Estate Prices for 2026September 2026Open: 395428Min: 315897Max: 480351
Reno Housing Market Forecast with Real Estate Prices for 2026October 2026Open: 396091Min: 316745Max: 471539
Reno Housing Market Forecast with Real Estate Prices for 2026November 2026Open: 396764Min: 314324Max: 471916
Reno Housing Market Forecast with Real Estate Prices for 2026December 2026Open: 397449Min: 321506Max: 475279
Reno Housing Market Forecast with Real Estate Prices for 2027January 2027Open: 398291Min: 323836Max: 480675
Reno Housing Market Forecast with Real Estate Prices for 2027February 2027Open: 399010Min: 318543Max: 474481
Reno Housing Market Forecast with Real Estate Prices for 2027March 2027Open: 398528Min: 319596Max: 475216
Reno Housing Market Forecast with Real Estate Prices for 2027April 2027Open: 398986Min: 327778Max: 480186
Reno Housing Market Forecast with Real Estate Prices for 2027May 2027Open: 399574Min: 322088Max: 475996
Reno Housing Market Forecast with Real Estate Prices for 2027June 2027Open: 400397Min: 326595Max: 478633
Reno Housing Market Forecast with Real Estate Prices for 2027July 2027Open: 401082Min: 326571Max: 483786
Reno Housing Market Forecast with Real Estate Prices for 2027August 2027Open: 401622Min: 323919Max: 482446
Reno Housing Market Forecast with Real Estate Prices for 2027September 2027Open: 402385Min: 322943Max: 480100
Reno Housing Market Forecast with Real Estate Prices for 2027October 2027Open: 403046Min: 321928Max: 482607
Reno Housing Market Forecast with Real Estate Prices for 2027November 2027Open: 403727Min: 323882Max: 484643
Reno Housing Market Forecast with Real Estate Prices for 2027December 2027Open: 404410Min: 333034Max: 480441
Reno Housing Market Forecast with Real Estate Prices for 2028January 2028Open: 405244Min: 322536Max: 485436
Reno Housing Market Forecast with Real Estate Prices for 2028February 2028Open: 405978Min: 330419Max: 483083
Reno Housing Market Forecast with Real Estate Prices for 2028March 2028Open: 405510Min: 332617Max: 480903
Reno Housing Market Forecast with Real Estate Prices for 2028April 2028Open: 405950Min: 330812Max: 483731
Reno Housing Market Forecast with Real Estate Prices for 2028May 2028Open: 406543Min: 333568Max: 486539
Reno Housing Market Forecast with Real Estate Prices for 2028June 2028Open: 407370Min: 332606Max: 484404
Reno Housing Market Forecast with Real Estate Prices for 2028July 2028Open: 408068Min: 333104Max: 483764
Reno Housing Market Forecast with Real Estate Prices for 2028August 2028Open: 408614Min: 330657Max: 486864
Reno Housing Market Forecast with Real Estate Prices for 2028September 2028Open: 409366Min: 332656Max: 489254
Reno Housing Market Forecast with Real Estate Prices for 2028October 2028Open: 410032Min: 340445Max: 490213
Reno Housing Market Forecast with Real Estate Prices for 2028November 2028Open: 410692Min: 338582Max: 493354
Reno Housing Market Forecast with Real Estate Prices for 2028December 2028Open: 411379Min: 334787Max: 486926
Reno Housing Market Forecast with Real Estate Prices for 2029January 2029Open: 412236Min: 334179Max: 483289
Reno Housing Market Forecast with Real Estate Prices for 2029February 2029Open: 412939Min: 334455Max: 486921
Reno Housing Market Forecast with Real Estate Prices for 2029March 2029Open: 412466Min: 332795Max: 483524
Reno Housing Market Forecast with Real Estate Prices for 2029April 2029Open: 412912Min: 335135Max: 497280
Reno Housing Market Forecast with Real Estate Prices for 2029May 2029Open: 413504Min: 343699Max: 491581
Reno Housing Market Forecast with Real Estate Prices for 2029June 2029Open: 414329Min: 334324Max: 491327
Reno Housing Market Forecast with Real Estate Prices for 2029July 2029Open: 415024Min: 336900Max: 494911
Reno Housing Market Forecast with Real Estate Prices for 2029August 2029Open: 415568Min: 332426Max: 493017
Reno Housing Market Forecast with Real Estate Prices for 2029September 2029Open: 416323Min: 339863Max: 497822
Reno Housing Market Forecast with Real Estate Prices for 2029October 2029Open: 416987Min: 338147Max: 494123
Reno Housing Market Forecast with Real Estate Prices for 2029November 2029Open: 417654Min: 338893Max: 497123
Reno Housing Market Forecast with Real Estate Prices for 2029December 2029Open: 418340Min: 338225Max: 495898
Reno Housing Market Forecast with Real Estate Prices for 2030January 2030Open: 419190Min: 339389Max: 501484
Reno Housing Market Forecast with Real Estate Prices for 2030February 2030Open: 419901Min: 345772Max: 503435
Reno Housing Market Forecast with Real Estate Prices for 2030March 2030Open: 419423Min: 339827Max: 501197
Reno Housing Market Forecast with Real Estate Prices for 2030April 2030Open: 419875Min: 338140Max: 502079
Reno Housing Market Forecast with Real Estate Prices for 2030May 2030Open: 420465Min: 337174Max: 501477
Reno Housing Market Forecast with Real Estate Prices for 2030June 2030Open: 421289Min: 341535Max: 495414
Reno Housing Market Forecast with Real Estate Prices for 2030July 2030Open: 421979Min: 341819Max: 499691
Reno Housing Market Forecast with Real Estate Prices for 2030August 2030Open: 422521Min: 343166Max: 497586
Reno Housing Market Forecast with Real Estate Prices for 2030September 2030Open: 423280Min: 343213Max: 500502
Reno Housing Market Forecast with Real Estate Prices for 2030October 2030Open: 423943Min: 343825Max: 503117
Reno Housing Market Forecast with Real Estate Prices for 2030November 2030Open: 424616Min: 343040Max: 501407
Reno Housing Market Forecast with Real Estate Prices for 2030December 2030Open: 425301Min: 342837Max: 500692
Reno Housing Market Forecast with Real Estate Prices for 2031January 2031Open: 426143Min: 342968Max: 507330
Reno Housing Market Forecast with Real Estate Prices for 2031February 2031Open: 426862Min: 344898Max: 506157
Reno Housing Market Forecast with Real Estate Prices for 2031March 2031Open: 426380Min: 344854Max: 500415
Reno Housing Market Forecast with Real Estate Prices for 2031April 2031Open: 426838Min: 347033Max: 506380
Reno Housing Market Forecast with Real Estate Prices for 2031May 2031Open: 427426Min: 351965Max: 501895
Reno Housing Market Forecast with Real Estate Prices for 2031June 2031Open: 428249Min: 356242Max: 504302
Reno Housing Market Forecast with Real Estate Prices for 2031July 2031Open: 428934Min: 351662Max: 513705
Reno Housing Market Forecast with Real Estate Prices for 2031August 2031Open: 429474Min: 343680Max: 506832
Reno Housing Market Forecast with Real Estate Prices for 2031September 2031Open: 430237Min: 355606Max: 508088
Reno Housing Market Forecast with Real Estate Prices for 2031October 2031Open: 430898Min: 357640Max: 511211
Reno Housing Market Forecast with Real Estate Prices for 2031November 2031Open: 431579Min: 357463Max: 514722
Reno Housing Market Forecast with Real Estate Prices for 2031December 2031Open: 432262Min: 354687Max: 513857
Reno Housing Market Forecast with Real Estate Prices for 2032January 2032Open: 433096Min: 357107Max: 515589
Reno Housing Market Forecast with Real Estate Prices for 2032February 2032Open: 433830Min: 354276Max: 509423
Reno Housing Market Forecast with Real Estate Prices for 2032March 2032Open: 433362Min: 353184Max: 513534
Reno Housing Market Forecast with Real Estate Prices for 2032April 2032Open: 433802Min: 354433Max: 512097
Reno Housing Market Forecast with Real Estate Prices for 2032May 2032Open: 434395Min: 353873Max: 521285
Reno Housing Market Forecast with Real Estate Prices for 2032June 2032Open: 435222Min: 357642Max: 519833
Reno Housing Market Forecast with Real Estate Prices for 2032July 2032Open: 435920Min: 351203Max: 514816
Reno Housing Market Forecast with Real Estate Prices for 2032August 2032Open: 436466Min: 355522Max: 522425

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Question Box: How will Reno house price increase? Will Reno real estate prices go up? Will Reno real estate prices fall? Will Reno house prices drop? Will Reno house prices rise? Is Reno housing price going up? Is it time to buy a Reno home? When will Reno house prices go down? When will Reno real estate prices drop?