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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: â–²379517 USD (+0.159%)

Current Price
â–²379517 USD
1-Year Forecast *
â–²387172 USD
5-Year Forecast *
â–²415024 USD
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 Walletinvestor.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 379517 USD on 2024-07-08. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Reno" area is 415024 USD by 2029-07-31. For a 5-year investment the profit is expected to be around +9.36% meaning that investing 100000 USD today may yield a profit of 109360 USD by 2029.
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Current Median Listing Price: 379517 USD
Median Listing Price Per Square Foot: 211 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
Walletinvestor.com

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
Walletinvestor.com

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
Walletinvestor.com

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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 379517 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 211 USD.

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

Yes. The Reno home prices may rise from 379517 USD to 387172 USD in one year.

Is it profitable to invest in Reno homes?

Yes. The long-term profit potential is +2.02% 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 415024 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 116.126% to 379517 USD, between 2023-06-30 and 2024-06-30

The average annual profit of property investment was:

  • 1.637% in 2019
  • -8.989% in 2020
  • 0.550% in 2021
  • 4.376% 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 15.006% 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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Link to this PRoperty Price Prediction:
<a href="https://walletinvestor.com/real-estate-forecast/nv/washoe/reno-housing-market">Reno Forecast</a>

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 2024August 2024Open: 380762Min: 299810Max: 460036
Reno Housing Market Forecast with Real Estate Prices for 2024September 2024Open: 381514Min: 299711Max: 457439
Reno Housing Market Forecast with Real Estate Prices for 2024October 2024Open: 382180Min: 304331Max: 459209
Reno Housing Market Forecast with Real Estate Prices for 2024November 2024Open: 382840Min: 305828Max: 462234
Reno Housing Market Forecast with Real Estate Prices for 2024December 2024Open: 383527Min: 301915Max: 461520
Reno Housing Market Forecast with Real Estate Prices for 2025January 2025Open: 384384Min: 304737Max: 461170
Reno Housing Market Forecast with Real Estate Prices for 2025February 2025Open: 385087Min: 308726Max: 462899
Reno Housing Market Forecast with Real Estate Prices for 2025March 2025Open: 384614Min: 308797Max: 463775
Reno Housing Market Forecast with Real Estate Prices for 2025April 2025Open: 385060Min: 304498Max: 461860
Reno Housing Market Forecast with Real Estate Prices for 2025May 2025Open: 385652Min: 309818Max: 467226
Reno Housing Market Forecast with Real Estate Prices for 2025June 2025Open: 386477Min: 307747Max: 464129
Reno Housing Market Forecast with Real Estate Prices for 2025July 2025Open: 387172Min: 312840Max: 463526
Reno Housing Market Forecast with Real Estate Prices for 2025August 2025Open: 387716Min: 310140Max: 472109
Reno Housing Market Forecast with Real Estate Prices for 2025September 2025Open: 388471Min: 307165Max: 469597
Reno Housing Market Forecast with Real Estate Prices for 2025October 2025Open: 389135Min: 313838Max: 470722
Reno Housing Market Forecast with Real Estate Prices for 2025November 2025Open: 389802Min: 314136Max: 471025
Reno Housing Market Forecast with Real Estate Prices for 2025December 2025Open: 390488Min: 309543Max: 468472
Reno Housing Market Forecast with Real Estate Prices for 2026January 2026Open: 391338Min: 313141Max: 471246
Reno Housing Market Forecast with Real Estate Prices for 2026February 2026Open: 392049Min: 315960Max: 474212
Reno Housing Market Forecast with Real Estate Prices for 2026March 2026Open: 391571Min: 315763Max: 470127
Reno Housing Market Forecast with Real Estate Prices for 2026April 2026Open: 392023Min: 314879Max: 471943
Reno Housing Market Forecast with Real Estate Prices for 2026May 2026Open: 392613Min: 313755Max: 463593
Reno Housing Market Forecast with Real Estate Prices for 2026June 2026Open: 393437Min: 313579Max: 468419
Reno Housing Market Forecast with Real Estate Prices for 2026July 2026Open: 394127Min: 313109Max: 469480
Reno Housing Market Forecast with Real Estate Prices for 2026August 2026Open: 394669Min: 323263Max: 468254
Reno Housing Market Forecast with Real Estate Prices for 2026September 2026Open: 395428Min: 313325Max: 473120
Reno Housing Market Forecast with Real Estate Prices for 2026October 2026Open: 396091Min: 313770Max: 472807
Reno Housing Market Forecast with Real Estate Prices for 2026November 2026Open: 396764Min: 315724Max: 477838
Reno Housing Market Forecast with Real Estate Prices for 2026December 2026Open: 397449Min: 316971Max: 471070
Reno Housing Market Forecast with Real Estate Prices for 2027January 2027Open: 398291Min: 321652Max: 474344
Reno Housing Market Forecast with Real Estate Prices for 2027February 2027Open: 399010Min: 322522Max: 478134
Reno Housing Market Forecast with Real Estate Prices for 2027March 2027Open: 398528Min: 321720Max: 478905
Reno Housing Market Forecast with Real Estate Prices for 2027April 2027Open: 398986Min: 318867Max: 479523
Reno Housing Market Forecast with Real Estate Prices for 2027May 2027Open: 399574Min: 320453Max: 478814
Reno Housing Market Forecast with Real Estate Prices for 2027June 2027Open: 400397Min: 318501Max: 477504
Reno Housing Market Forecast with Real Estate Prices for 2027July 2027Open: 401082Min: 326783Max: 482742
Reno Housing Market Forecast with Real Estate Prices for 2027August 2027Open: 401622Min: 318155Max: 478074
Reno Housing Market Forecast with Real Estate Prices for 2027September 2027Open: 402385Min: 321511Max: 483071
Reno Housing Market Forecast with Real Estate Prices for 2027October 2027Open: 403046Min: 328644Max: 480738
Reno Housing Market Forecast with Real Estate Prices for 2027November 2027Open: 403727Min: 322769Max: 487420
Reno Housing Market Forecast with Real Estate Prices for 2027December 2027Open: 404410Min: 322356Max: 480792
Reno Housing Market Forecast with Real Estate Prices for 2028January 2028Open: 405244Min: 328188Max: 481617
Reno Housing Market Forecast with Real Estate Prices for 2028February 2028Open: 405978Min: 334129Max: 482117
Reno Housing Market Forecast with Real Estate Prices for 2028March 2028Open: 405510Min: 325149Max: 481746
Reno Housing Market Forecast with Real Estate Prices for 2028April 2028Open: 405950Min: 325688Max: 482570
Reno Housing Market Forecast with Real Estate Prices for 2028May 2028Open: 406543Min: 328361Max: 490432
Reno Housing Market Forecast with Real Estate Prices for 2028June 2028Open: 407370Min: 325680Max: 483369
Reno Housing Market Forecast with Real Estate Prices for 2028July 2028Open: 408068Min: 327699Max: 484793
Reno Housing Market Forecast with Real Estate Prices for 2028August 2028Open: 408614Min: 327277Max: 483456
Reno Housing Market Forecast with Real Estate Prices for 2028September 2028Open: 409366Min: 331652Max: 481741
Reno Housing Market Forecast with Real Estate Prices for 2028October 2028Open: 410032Min: 334833Max: 486606
Reno Housing Market Forecast with Real Estate Prices for 2028November 2028Open: 410692Min: 330576Max: 483910
Reno Housing Market Forecast with Real Estate Prices for 2028December 2028Open: 411379Min: 335379Max: 501985
Reno Housing Market Forecast with Real Estate Prices for 2029January 2029Open: 412236Min: 330344Max: 490206
Reno Housing Market Forecast with Real Estate Prices for 2029February 2029Open: 412939Min: 332519Max: 490069
Reno Housing Market Forecast with Real Estate Prices for 2029March 2029Open: 412466Min: 328202Max: 492488
Reno Housing Market Forecast with Real Estate Prices for 2029April 2029Open: 412912Min: 333675Max: 490329
Reno Housing Market Forecast with Real Estate Prices for 2029May 2029Open: 413504Min: 332781Max: 488725
Reno Housing Market Forecast with Real Estate Prices for 2029June 2029Open: 414329Min: 333316Max: 489274
Reno Housing Market Forecast with Real Estate Prices for 2029July 2029Open: 415024Min: 330817Max: 495582
Reno Housing Market Forecast with Real Estate Prices for 2029August 2029Open: 415568Min: 342315Max: 498238
Reno Housing Market Forecast with Real Estate Prices for 2029September 2029Open: 416323Min: 340542Max: 495886
Reno Housing Market Forecast with Real Estate Prices for 2029October 2029Open: 416987Min: 339440Max: 492154
Reno Housing Market Forecast with Real Estate Prices for 2029November 2029Open: 417654Min: 334475Max: 496621
Reno Housing Market Forecast with Real Estate Prices for 2029December 2029Open: 418340Min: 333451Max: 499193
Reno Housing Market Forecast with Real Estate Prices for 2030January 2030Open: 419190Min: 339719Max: 497006
Reno Housing Market Forecast with Real Estate Prices for 2030February 2030Open: 419901Min: 343850Max: 498746
Reno Housing Market Forecast with Real Estate Prices for 2030March 2030Open: 419423Min: 341405Max: 497581
Reno Housing Market Forecast with Real Estate Prices for 2030April 2030Open: 419875Min: 338051Max: 500880
Reno Housing Market Forecast with Real Estate Prices for 2030May 2030Open: 420465Min: 343629Max: 497050
Reno Housing Market Forecast with Real Estate Prices for 2030June 2030Open: 421289Min: 343199Max: 498177
Reno Housing Market Forecast with Real Estate Prices for 2030July 2030Open: 421979Min: 341623Max: 500875
Reno Housing Market Forecast with Real Estate Prices for 2030August 2030Open: 422521Min: 341272Max: 502664
Reno Housing Market Forecast with Real Estate Prices for 2030September 2030Open: 423280Min: 340966Max: 497436
Reno Housing Market Forecast with Real Estate Prices for 2030October 2030Open: 423943Min: 341184Max: 497876
Reno Housing Market Forecast with Real Estate Prices for 2030November 2030Open: 424616Min: 345760Max: 502433
Reno Housing Market Forecast with Real Estate Prices for 2030December 2030Open: 425301Min: 345460Max: 502972
Reno Housing Market Forecast with Real Estate Prices for 2031January 2031Open: 426143Min: 347395Max: 499495
Reno Housing Market Forecast with Real Estate Prices for 2031February 2031Open: 426862Min: 352448Max: 508115
Reno Housing Market Forecast with Real Estate Prices for 2031March 2031Open: 426380Min: 340700Max: 500137
Reno Housing Market Forecast with Real Estate Prices for 2031April 2031Open: 426838Min: 347408Max: 500570
Reno Housing Market Forecast with Real Estate Prices for 2031May 2031Open: 427426Min: 344885Max: 510509
Reno Housing Market Forecast with Real Estate Prices for 2031June 2031Open: 428249Min: 354024Max: 511603
Reno Housing Market Forecast with Real Estate Prices for 2031July 2031Open: 428934Min: 352711Max: 513365
Reno Housing Market Forecast with Real Estate Prices for 2031August 2031Open: 429474Min: 352570Max: 507109
Reno Housing Market Forecast with Real Estate Prices for 2031September 2031Open: 430237Min: 349290Max: 506213
Reno Housing Market Forecast with Real Estate Prices for 2031October 2031Open: 430898Min: 357339Max: 512040
Reno Housing Market Forecast with Real Estate Prices for 2031November 2031Open: 431579Min: 355355Max: 506466
Reno Housing Market Forecast with Real Estate Prices for 2031December 2031Open: 432262Min: 351885Max: 514553
Reno Housing Market Forecast with Real Estate Prices for 2032January 2032Open: 433096Min: 353229Max: 514655
Reno Housing Market Forecast with Real Estate Prices for 2032February 2032Open: 433830Min: 355689Max: 510451
Reno Housing Market Forecast with Real Estate Prices for 2032March 2032Open: 433362Min: 356705Max: 516502
Reno Housing Market Forecast with Real Estate Prices for 2032April 2032Open: 433802Min: 357755Max: 512596
Reno Housing Market Forecast with Real Estate Prices for 2032May 2032Open: 434395Min: 359066Max: 512654
Reno Housing Market Forecast with Real Estate Prices for 2032June 2032Open: 435222Min: 354440Max: 510953
Reno Housing Market Forecast with Real Estate Prices for 2032July 2032Open: 435920Min: 354634Max: 517001
Reno Housing Market Forecast with Real Estate Prices for 2032August 2032Open: 436466Min: 361951Max: 516537
Short-term and long-term Reno (Nevada State) housing market predictions may be different due to the different analyzed time series.
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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?
* Our real estate forecasts and predictions are made by Machine Learning & Ai, and shouldn't been used for financial decisions. We can't guarantee any profit.