The Reno-Sparks Economic Summit, hosted by Dickson Realty, provided valuable insights into the region’s housing market trends, economic growth, and investment opportunities. With an evolving real estate landscape, rising demand for luxury properties, and strategic urban development, Reno-Tahoe remains an ideal location for homebuyers, investors, and businesses alike.
The State of the Reno-Sparks Housing Market
1. Strong Housing Demand & Market Growth
- The population of Reno has grown by 22% since 2010, with the city now accounting for 54% of Washoe County’s population. (Source: City of Reno)
- Home sales continue to rise, with median home prices in Reno-Sparks reaching $626,432 in Q4 2024 for existing homes and $580,000 for new builds.