Median Home Prices Continue to Rise in Reno and Sparks

The Reno/Sparks Association of REALTORS July report on existing home sales lists the median sales price for an existing single-family residence in Reno-Sparks in July at $405,000; a 5 percent increase from July 2018 and a 1 percent increase from June. The median sales price of existing condominium/townhomes in Reno-Sparks in July 2019 was $223,500; a 15 percent increase from a year ago. For Reno alone the median sales price was $420,000; a 5 percent increase from a year ago. Sparks median sales price was $380,000; Fernley’s at $265,100.