Somersett, Reno, NV—89523
Real Estate Data & Market Trends
Key Metrics at a Glance
Median Home Value
$643,000
0.8% YoY Growth
Household Income
$97,400
34.6% YoY Growth
Days on Market
36
14.0% Shorter YoY
Home Price Forecast
-0.5%
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 May '26, the median home price in Somersett, Reno, NV is $643,000, with a year-over-year change of 0.8%. This indicates that home prices in Somersett, Reno, NV are flat. According to Zillow, the 1-year price projection is -0.5%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $643,000 | 0.8% |
| Single Family | $648,000 | 0.9% |
| Condos | $285,000 | -4.4% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed |