The Appeal of Reno Living

Reno, NV | Tucker Monticelli

Let’s explore why the Reno area is such an appealing place to call home. 

A Blend of Entertainment & Scenery

The Reno area offers a unique blend of entertainment options and natural beauty, appealing to a wide range of interests. The city offers easy access to the iconic Lake Tahoe’s surrounding parks and trails, along with Truckee River Whitewater Park. Also known for its lively casinos, thriving arts scene, diverse dining options, and strong community spirit, the Reno area’s favorable climate, growing economy, and varied neighborhoods attract families, professionals, and retirees alike.

Reno | Shawn Powar

Desirable Places to Live

This year, Niche highlights Incline Village, Spanish Springs, and Reno itself as premier towns for establishing roots in the area. 

Incline Village, an upscale community on Lake Tahoe’s north shore, has excellent schools, low crime rates, and a tight-knit community. Home to ski resorts, hiking trails, beaches, and fine dining, it’s clear why Incline Village is popular among residents and tourists alike. 

Spanish Springs offers a quaint, nature-focused lifestyle, featuring various parks, golf courses, and access to other nearby natural attractions. Eagle Canyon Park, in particular, is a beloved spot for sports, picnicking, hiking, and more. Located near the city of Sparks, this suburban area has seen significant growth in recent years. 

Reno, “The Biggest Little City in the World,” is one of Nevada’s more prominent cities. Renowned for its casinos, museums, and event venues, Reno offers a mix of urban and outdoor activities. The Riverwalk District is an especially popular area, featuring delightful eateries and scenic waterfront paths. Reno exudes a sense of community, offering a wealth of neighborhoods that cater to various lifestyles.

Reno Riverwalk District | Tucker Monticelli

Real Estate Insights

According to Redfin’s April data, the Reno real estate market is moderately competitive, with a median sale price of around $534,000. Approximately 26.2% of properties sold above the original asking price, however, price decreases rose 0.8% year-over-year to 23.2%. Highly sought-after properties often enter pending status within just 10 days. 

Meanwhile, in Incline Village, the median sale price was markedly higher at $1.225 million, with about 10.5% of homes selling above the original asking rate. However, 15.6% of homes saw price drops, up 2.7% from last year. Homes typically sold after 126 days on the market, and the most coveted properties went pending in about 30 days.