The truth about Reno, NV home prices nobody talks about.

[Jake Andronico]

Everyone talks about the spikes.

Almost no one talks about the trend over 20 years (zooming out).

Zoom out, and Reno/Sparks single family homes have averaged ~5.4% annual appreciation since 2002.

There are peaks, and there are valleys.

But, consistency over time.

Yes, there were crashes (particularly in 2008/9).

Yes, there were booms (COVID).

But long term?

It’s behaved like a steady wealth builder.

The last 2-3 years look “flat” to some people.

The data says something else:

We’re right back near the long-term trendline.

Real estate isn’t about timing every move perfectly.

It’s about understanding the cycle… and staying in the game.

What're you seeing in your market?