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Homes For Sale In Reno, NV
Lying just below the Sierra Nevada and just before the upland deserts of the Mountain West, Reno is still very much a frontier city. For almost two centuries now people from all over the U.S. and the world at large have been coming to Reno for silver, gold, and silicon. In recent years Reno has taken on a new life, welcoming several new industries while reinventing itself into a dominant city of the American West. Homes for sale in Reno are going fast and rising steadily in value regardless of the recent uptick in home prices nationwide. Whether you’re moving from California real estate or the Carolinas, you’ll find Reno to be a growing and dynamic place to start a new stage of life.
Reno NV History
Though its legacy as a mining town has long since faded, Reno has always been a city of riches. Long ago, the California Gold Rush spilled over the Sierra Nevada into Reno and from there on into the rest of Nevada. Even today, Nevada is the third-largest producer of gold in the entire world, though nowadays, more people make their money above ground rather than below.
Reno is a mountain city and is surrounded by some of the prettiest country in the West. Head up I-80 into the mountains for trees and snowfall in the winter, head south to Lake Tahoe to enjoy the hot summer days, and head east out into the desert for those wide-open spaces that everyone needs every now and then. Rather than your average city blob, Reno expands into mountain valleys, and the city follows the contour of the land. With a population of only 246,000 people, Reno is little enough to feel like a small town and big enough to have all the amenities of a modern American city.
The weather here is about as moderate as you’ll find in the Great Basin. Homes for sale in Reno rests at about four thousand feet above sea level. The winters are cold, but the temperature rarely dips below twenty degrees Fahrenheit. The summers are hot, as to be expected in the desert. Reno homes for sale sits within the rain shadow of the Sierra Nevada and thus gets over three hundred days of sunshine a year. The weather here is surprisingly manageable, though it can shift dramatically from day to day especially during the change of seasons.
Reno NV Real Estate Market
The Reno real estate market is undeniably a seller’s market. The housing supply just cannot compete with the demand of new people coming to live in the city. Home values have increased 200% in the last ten years, and homes for sale in Reno go for an average of $514,000. Anyone looking to get into the market now is sure to see their properties appreciate in value, though you should bet on a long-term investment when taking future market corrections into consideration.
Despite this higher than average median listing price, you can find homes for sale in Reno for as low as $200,000 and well into the millions. Generally speaking, the higher value homes are found to the south of the city and the west, heading up into the mountains. More affordable Reno homes for sale are located to the north and east of the city, and you should also look into housing options in nearby Sparks.
Most homes for sale in Reno are single-family one-to-two bedroom houses, though you can find condos, apartments, and townhomes for sale closer to the city center. Roughly half of Reno’s housing is made up of single-family homes, which truly cannot be built fast enough to keep up with the demand.
Distances to Other Cities
- 218 miles to San Francisco, CA
- 439 miles to Las Vegas, NV
- 132 miles to Sacramento, CA
- 165 miles to Winnemucca, NV
- 199 miles to Redding, CA
Neighborhoods In Reno NV
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Damonte Ranch
Located in the valley just south of Reno, Damonte Ranch is an old-school suburb with Spanish-style houses porting tile roofs that blend in with brown desert hills just to the east of the neighborhood. This area is zoned primarily for housing, but you can still find restaurants and grocery stores aplenty. The neighborhood is bisected by wetlands and is serviced by a local high school, perfect if your kids walk to school rather than commute. -
Old Southwest
Old Southwest is a glimpse into the yesteryear of Reno. The streets here are narrower than they typically are in newer suburbs, and the trees that line the streets are mature, and there’s plenty of greenery to go around. Close to downtown, homes for sale in Old Southwest is perfect to call home if you’re looking to commute into the center of Reno. -
Donner Springs
Donner Springs consists mainly of low-profile single-story homes with expansive front and back yards. Right next to the Reno-Tahoe International Airport, Donner Springs is a little hidden pocket community with shrub-covered hills binding it into the south and a local elementary school well within walking distance. -
Hidden Valley
As the name suggests, Hidden Valley is nestled between two mountain ranges and is truly a treasure of a neighborhood. The homes for sale are some of the finest to be found in Reno, offering plenty of opportunities for colorful gardens and broad green lawns. Hidden Valley also boasts its own golf course and local park, offering plenty of breathing space in the open desert.
Schools In Reno NV
Reno has a high concentration of great schools, Elementary through High School. Because Nevada has a school choice, you have the opportunity to send your child to any public school within the Washoe County School District. Reno also hosts a variety of magnet and charter schools if you’re interested in those kinds of programs. Here’s a brief overview of the top schools around Reno, Nevada homes for sale.
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The Davidson Academy of Nevada
With both an online campus and a physical campus just north of the city center, this school is as prestigious as you’re going to find in Reno. Their classes are grouped not by age but by ability, and Davidson Academy has been ranked the #1 public high school in Nevada. -
TMCC Magnet High School
Accepting only one hundred students each year, this 10th-12th grade school has its own space out in the desert north of Reno. Tuition here is covered by the Washoe County School District but students are expected to buy their own books. -
Roy Gomm Elementary School
Students across the board perform better at this school than almost any other in Nevada. Located to the west of Reno and not too far from the Truckee River, this elementary school hosts plenty of events for the students and the community throughout the year.
FAQ About Reno NV Real Estate
What are the zip codes in Reno, Nevada?
Where is the nearest Commercial Airport in Reno, Nevada?
- Reno-Tahoe International Airport, just south of the city
What county is Reno, Nevada in?
Things To Do In Reno NV
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The Great Reno Balloon Race
Truly a spectacle to behold, every year in the beginning of September, Reno hosts a hot air balloon race unlike any other. Tens of thousands of people flock into town to watch over a hundred balloons of every shape and color taken to the air. Floating across the crystal blue skies and over the sun-seared desert, you’ll be looking forward to this event every year! -
Raft the Truckee River
Reno exists because of the Truckee River, and it's well worth the thrill of rafting that river to get in touch with the most vital resource in Nevada: water. You can take guided raft tours just upstream from Reno in the Sierra Nevada mountains and hold tight as you glide down one of the West’s most famous rivers. -
Nevada Museum of Art
Head downtown for a taste of art both new and old. The Nevada Museum of Art hosts exhibitions of contemporary sculpture and painting, as well as photography. With its central location in Reno, it won’t take much to tempt you from taking a trip into the city to walk through some of your soon-to-be-favorite exhibits. -
El Dorado Casino
For gamblers and casual players alike, make yourself a regular at El Dorado. Come play a few hands, get a few laughs from the touring comedians coming through, or relax at the spa. With El Dorado right downtown, you’ll have it all right at your fingertips. -
Hunter Creek Trail
For the nature lover in us all, this trail will become a quick favorite in an already outdoorsy city. Hunter Creek Trail is just west of the city in the foothills of the Sierra Nevada. The trail is about six and a half miles long and features a waterfall! -
BaseCamp Rock Climbing
If you're a climber who’s just moved to the city, you absolutely must check this climbing gym out. BaseCamp has the world’s largest wall, confirmed by the Guinness World Records. With 164” to conquer, you’ll be coming to this gym at least once a week, so good luck! -
Rancho San Rafael
Return to the Great Reno Balloon Race site to enjoy over five hundred acres of the most diverse country you’ll find near Reno. From waterlands to sagebrush to tree lines trails, Rancho San Rafael is a bastion of easy-access wilderness only a couple of miles from the city center. -
Hang out in Midtown Reno
Midtown Reno is the place to be these days. Across the river from downtown, this neighborhood is home to as many bars, cafes, and restaurants as you can imagine. The crowd here is usually on the younger side, but everyone is more than welcome to pass the night away in this chic spot in Reno. -
The Knitting Factory
The Knitting Factory is one of Reno’s premier concert venues. Located right in the heart of downtown, this venue usually hosts indie and alternative bands that roll through the city on a weekly basis. -
Dorinda’s Chocolate
Though not quite up to Willy Wonka’s standards, Dorinda’s Chocolate makes everyone’s favorite candy better than just about anyone else in Reno. From high-end boxes of chocolate to your everyday bars, you’ll be heading down to their riverfront location as often as possible.
Economy In Reno NV
What started as a mining town has flourished into a much more diversified economic center in western Nevada. Nowadays, Reno’s economy is composed of equal parts tech, gaming, finance, and tourism. There’s a little something for everybody in Reno. Traditionally, Reno serves for San Francisco the same role that Las Vegas serves for Los Angeles. The city’s casinos are still major draws to the region, but in the last ten years major investments from outside companies like Tesla, Apple, Microsoft, and Google have led to Reno’s explosive growth in home values. So long as investors and job seekers alike are attracted to the city, you can expect the price of Reno homes to rise correspondingly.
Transportation In Reno NV
Reno homes for sale sits at an important crossroads in the American West. I-80 follows the old route of the transcontinental railroad and bisects the city, following the Truckee River upstream and into California, where it will take you to San Francisco. Alternately you can follow I-80 east all the way to Salt Lake City and beyond. Reno has its own intracity bus system as well as regular routes leading to Carson City. Reno homes for sale are close to an International Airport and, of course, its own Amtrak station.