Investor-grade market analytics for Reno, Nevada. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Updated monthly.
$550,735
-0.4% year-over-year
4.1%
gross annual
-6.1%
base case (Zillow ZHVF)
-6.1% year-over-year
Reno, NV is experiencing a correction with -0.4% year-over-year decline, signaling a buyer's market with softening demand. Affordability pressure is significant: the price-to-income ratio of 6.5x well exceeds the national average of 4.8x. Modest net positive migration (+1,577 returns/year) provides steady demand support. Climate risk is moderate (40/100) with manageable exposure. Rental yield of 4.14% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Reno, NV's primary climate exposure is wildfire (60/100). The composite climate risk score of 40/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.