Cities with the most expensive homes in the Reno metro area
Purchasing a home is one of the most important investments there is. More than a place to live, homeownership is an asset with the potential to tremendously rise in value. But with home prices reaching record heights, affordability plays a huge role for buyers.
The typical home value in the United States was $367,369 in June, 0.2% higher than the year before.
High mortgage rates are also making monthly payments more expensive; as of July 17, the 30-year fixed mortgage rate sits at 6.75%.Although home prices have inflated all across the U.S., there are some cities that command a higher price tag than others. Location, size, age, and condition are all contributing factors to home value.
Stacker compiled a list of cities with the most expensive homes in the Reno metro area using data from Zillow. Charts show the monthly typical home value since January 2018. All 5 cities and towns with data available were included in the list.

#5. Sun Valley, NV
- Typical home value: $430,377
- 1-year price change: +1.6%
- 5-year price change: +39.7%

#4. Sparks, NV
- Typical home value: $529,512
- 1-year price change: +0.6%
- 5-year price change: +37.9%

#3. Reno, NV
- Typical home value: $568,608
- 1-year price change: +2.3%
- 5-year price change: +41.3%

#2. Verdi, NV
- Typical home value: $822,161
- 1-year price change: +3.8%
- 5-year price change: +49.2%

#1. Incline Village, NV
- Typical home value: $1,465,521
- 1-year price change: -0.2%
- 5-year price change: +61.4%