Somersett, Reno, NV—89523
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$620,000
1.8% YoY Growth
Household Income
$97,400
34.6% YoY Growth
Days on Market
72
3.0% Longer YoY
Home Price Forecast
0.9%
Median Rent
$2,520
4.1% YoY Growth
1-Bed Rent
$1,530
11.9% YoY Growth
2-Bed Rent
$1,800
5.5% YoY Growth
3-Bed Rent
$2,600
1.1% YoY Growth
Home Price Trends — Somersett, Reno, NV
As of Dec '25, the median home price in Somersett, Reno, NV is $620,000, with a year-over-year change of 1.8%. This indicates that home prices in Somersett, Reno, NV are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $620,000 | 1.8% |
| Single Family | $625,000 | 1.5% |
| Condos | $284,000 | -5.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |