Reno is often overlooked in favor of its bigger, glitzier, touristy sibling to the southeast, but don’t discount the charm of the biggest little city in the world! For those considering a move to Nevada, Reno boasts a quieter atmosphere, more temperate climate, and better traffic than Vegas. As its nickname suggests, Reno offers big-city opportunities while keeping a small-town attitude.
Plus, with 18 ski resorts within 100 miles, the sparkling waters of Lake Tahoe less than an hour’s drive away, and whitewater rafting events downtown along the Truckee River, Reno is an outdoor lover’s dream. And, if the Vegas bug should bite, Reno still holds true to its gaming roots, with a plethora of casinos and live shows to choose from.
Whether you’ve scored a job at the massive Tesla Gigafactory, or just want to live closer to the majestic Sierra Nevada mountains, you’ll want to do your research before making an offer on a Reno home.
The city’s home values are currently about $140,000 greater than the national average. Fortunately, Reno’s housing market favors buyers at the moment— meaning sellers are more willing to negotiate, and your chances for paying less than the listing price are good.
Check out these five popular neighborhoods:
Midtown is one of Reno’s trendiest neighborhoods, and its eclectic mix of restaurants, bars, and shops makes it a popular neighborhood for young adults. The neighborhood is a combination of new buildings and remodeled/updated homes originally built in the 1930s and 1940s.
Those drawn to Midtown’s free-spirited, funktastic lifestyle will appreciate the neighborhood’s walkability. Enjoy the public art displays, antique stores, and nightlife without ever having to get into your car. Area home prices have increased in response to the neighborhood’s popularity, with home values ranging from $335,000 to over $1 million.
A northern suburb of Reno, Lemmon Valley is a semi-rural area, although that has changed with increased development in recent years. Real estate in this mainly middle class area is comprised mostly of single-family homes. A low crime rate and excellent public school system make Lemmon Valley an ideal location for families with children. Commute times are short, too, with most residents spending 15-30 minutes in the car on their way to work.
Lemmon Valley’s median home value is $343,500, lower than the $372,100 value in the city as a whole.
East and West Spanish Springs are a set of quiet neighborhoods, just a 25-minute drive north from Reno proper. Most of the large, single-family homes in this area are fewer than 20 years old. A nearby, convenient shopping center covers most families’ needs without having to travel into the city.
Equestrians rejoice, because East Spanish Springs was built specifically with horses in mind. Most properties in the area are built on a minimum of 1-2 acres, offering both room to keep horses and a fine network of trails for riding.
The median home price in Spanish Springs is higher than average at $421,500.
Virginia City Highlands
There’s nothing like the solitude of nature to help you forget about the rest of the world for a while. Outdoor lovers will find their home in the Virginia City Highlands just south of Reno. You’ll probably spend more time on the hiking trails, among the pine trees, taking in the vast mountain views and maybe even catching a glimpse of wild horses. History buffs will enjoy visiting nearby Virginia City, an abandoned silver mining town whose historic buildings have since been restored.
Houses in this neighborhood tend to run in the $450,000 and above range, but there are also many lots available for those looking to build their own property.
People in the market for a luxury house will do well to look into this planned community located in northwest Reno. Somersett is a newer development that sits on 2,400 acres of land offering a country club-like setting. Amenities provided to all residents include hiking and biking trails, a 9-hole golf course, swimming, tennis, and even a residential center with a day spa and sushi restaurant.
Predictably, homes in Somersett are priced well above the average Reno home, with a median home value of $627,000.
This is just a small sampling of Reno’s housing communities— to find the neighborhood that works best for your needs and budget, connect with an experienced real estate agent. If you’re ready to buy in Reno, but aren’t sure where to begin, Clever’s online referral service connects buyers and sellers with experienced, full-service real estate agents across the country.
As top performers in their local markets, Clever Partner Agents have the skills to navigate you through pricing, negotiation, and legal considerations in order to get the right home at the best price.
With Clever’s on-demand showings, you provide the address of the home you want to tour, pick a viewing time, and our team will source a local buyer’s agent to allow you to look through the property. This means you can view a house at your convenience, giving you an advantage when it’s time to make an offer. You’ll also be eligible for a $1,000 home buyer’s rebate on homes over $150,000.
Simply fill out this online form, and we’ll connect you with a Clever Partner Agent in your area for a no-obligation consultation.