Current Price

$546,025

1 Month Forecast

â–² $570,023

1-Year Forecast *

â–² $614,242

5-Year Forecast *

â–² $682,364

"Is it a good time to buy homes in Reno?" "Does investing in real estate in Reno (Nevada State, Washoe County) worth it?" According to our live Forecast System, buying a house in Reno is a 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 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 546,025 USD on 2026-02-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Reno" area is 682,364 USD by 2031-02-04. For a 5-year investment the profit is expected to be around +24.97% meaning that investing 100000 USD today may yield a profit of 24,969 USD by 2031.

Current Median Listing Price: 546,025 USD Median Listing Price Per Square Foot: 303 USD

Reno 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 (Nevada State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Reno Price Target

Reno median home price target in 12 months: $614,242* (upside of 12.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $568,639 $566,164 $566,164 $570,290
2024 $523,286 $546,025 $523,286 $546,025
2023 $519,238 $522,408 $508,028 $522,408
2022 $523,856 $525,750 $523,856 $563,974
2021 $422,473 $516,394 $422,473 $516,394
2020 $380,480 $414,340 $380,480 $414,340
2019 $370,155 $378,574 $370,155 $378,574
2018 $337,116 $368,877 $337,116 $368,877
2017 $306,529 $332,973 $306,529 $332,973
2016 $281,768 $303,678 $281,768 $303,678
2015 $240,233 $278,138 $240,233 $278,138
2014 $213,746 $237,776 $213,746 $237,776
2013 $169,263 $211,267 $169,263 $211,267
2012 $156,068 $166,276 $154,963 $166,276

Questions & 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 is $546,025 USD.

What is the average price per square foot in Reno?

According to Walletinvestor the median price per square foot in Reno is 303 USD.

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

Yes. The Reno home prices may rise from 546,025 USD to 614,242 USD in one year.

Is it profitable to invest in Reno homes?

Yes. The long-term profit potential is +12.49% in one year.

Will Reno house prices fall / drop?

No. See above.

What is the predicted price of a Reno home in 2030?

The predicted home sales price of a Reno home in 2030 in Reno is 655,326 USD.

What is the predicted price of a Reno home in 2035?

The predicted home sales price of a Reno home in 2035 in Reno is 758,040 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 is the 84. largest city in the United States, located in Nevada State.

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

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

Median home values decreased by 4.241% to 546,025 USD, between 2025-02-04 and 2026-02-04

The average annual profit of property investment was:

  • 12.903% in 2021
  • 14.353% in 2022
  • 10.783% in 2023
  • 12.473% in 2024
  • 14.013% in 2025
  • 12.783% in 2026

Based on our Reno real estate market research and report the predicted sales prices will increase by 224.541% in the next 10 years.

Over the last 12 months, the value of homes in Reno fluctuated: increasing 1 times and decreasing 4 times.

Reno (Nevada) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Reno Housing Market Forecast with Real Estate Prices for 2025
August 2025 570023 517011 623035
September 2025 573908 533734 614081
October 2025 577819 536216 619422
November 2025 581757 530562 632951
December 2025 585722 544135 627308
Reno Housing Market Forecast with Real Estate Prices for 2026
January 2026 589713 559638 619789
February 2026 593732 559296 628169
March 2026 597779 562510 633048
April 2026 601853 548890 654816
May 2026 605954 548995 662914
June 2026 610084 572259 647909
July 2026 614242 570631 657853
August 2026 618428 565862 670994
September 2026 622643 588397 656888
October 2026 626886 588646 665126
November 2026 630913 596213 665614
December 2026 629718 589416 670020
Reno Housing Market Forecast with Real Estate Prices for 2027
January 2027 626733 585368 668097
February 2027 623762 582594 664930
March 2027 620805 579211 662399
April 2027 617862 572140 663584
May 2027 614933 559589 670277
June 2027 612018 578357 645679
July 2027 609117 555514 662719
August 2027 606229 549244 663215
September 2027 603930 548369 659492
October 2027 603975 555053 652897
November 2027 605827 559784 651870
December 2027 608993 564536 653449
Reno Housing Market Forecast with Real Estate Prices for 2028
January 2028 612804 571133 654475
February 2028 615879 582006 649753
March 2028 618207 586060 650354
April 2028 619797 579510 660083
May 2028 621026 571344 670708
June 2028 622069 567327 676811
July 2028 623992 585304 662679
August 2028 626880 569834 683927
September 2028 630687 581493 679881
October 2028 634040 589023 679057
November 2028 636243 574527 697959
December 2028 637780 596324 679236
Reno Housing Market Forecast with Real Estate Prices for 2029
January 2029 638816 598571 679062
February 2029 640035 595232 684837
March 2029 641947 589949 693945
April 2029 645084 585736 704432
May 2029 649101 596524 701678
June 2029 653524 596668 710381
July 2029 655326 592414 718237
August 2029 655422 602988 707856
September 2029 654338 590868 717809
October 2029 653085 589083 717087
November 2029 651895 595180 708609
December 2029 650680 587564 713796
Reno Housing Market Forecast with Real Estate Prices for 2030
January 2030 655115 611877 698352
February 2030 659580 614728 704431
March 2030 664075 624230 703919
April 2030 668600 601740 735460
May 2030 673157 613919 732395
June 2030 677745 612004 743486
July 2030 682364 624363 740365
August 2030 687014 625870 748158
September 2030 691696 623910 759483
October 2030 696410 629555 763266
November 2030 701156 640857 761456
December 2030 705935 657931 753939
Reno Housing Market Forecast with Real Estate Prices for 2031
January 2031 710746 647490 774002
February 2031 715590 649756 781424
March 2031 720467 664991 775943
April 2031 725095 666362 783828
May 2031 723721 652797 794646
June 2031 720290 667709 772872
July 2031 716876 666695 767057
August 2031 713478 672096 754859
September 2031 710095 648317 771874
October 2031 706729 645244 768215
November 2031 703379 642888 763870
December 2031 700045 663642 736447
Reno Housing Market Forecast with Real Estate Prices for 2032
January 2032 696726 654922 738530
February 2032 694084 659380 728788
March 2032 694136 652488 735784
April 2032 696264 639867 752662
May 2032 699902 654409 745396
June 2032 704282 657800 750765
July 2032 707817 650484 765150

> Page 2: detailed data / price table <

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* 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.