Reno Real Estate Market Surges Again in April 2025
Reno Real Estate Market Surges Again in April 2025 Reno Home Prices Jump Again in April 2025: What Buyers Need to Know The Reno housing market made headlines again this April as the median sale price for existing single-family homes surged to $637,500. This marks an 8.4% year-over-year increase and a 5.4% rise from March 2025, placing it among the top five highest prices in Reno history. While Reno’s prices are up, unit sales saw a dip, with 230 homes sold in April—down 2.5% from the same time last year. Conversely, Sparks saw gains across the board, with 140 units sold (+9.4% YoY) and a median price rise to $557,500. Available inventory in Reno-Sparks surged 62.5% YoY, reaching 798 active listings, reflecting more sellers entering the market. The median time to contract dropped to just 17 days, showcasing continued buyer demand despite mortgage rate volatility. National Trends Hit Home: Rates, Tariffs, and Equity Reno’s real estate pattern mir...