What are the most expensive neighborhoods in Reno, NV?

The neighborhoods with the highest median home values in Reno, NV include: Galena ($1,235,845), South Reno ($1,052,353), Caughlin Ranch ($1,014,747), Meadowood ($963,695), West Huffaker ($962,212).

What are the most affordable neighborhoods in Reno, NV?

The neighborhoods with the lowest median home values in Reno, NV include: Smithridge ($256,355), East University ($315,989), Downtown ($342,125), North Virginia ($374,926), South Central ($394,255).

Which Reno, NV neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Reno, NV include: West Huffaker (4.9%), South Reno (3.2%), Meadowood (2.7%), Steamboat (2.5%), Northwest (2.2%).

Lemmon Valley, NV Housing Market

$453,378

1.7% 1-yr

The average Lemmon Valley, NV home value is $453,378, up 1.7% over the past year. (Updated on 8/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Lemmon Valley Key Takeaways

Typical Home Values: $453,378

1-Year Value Change: +1.7%

(Data through August 31, 2026)

Lemmon Valley Housing Market Overview

1-Year Market Forecast: --

For Sale Inventory: 13 (August 31, 2026)

New Listings: --

Median Sale to List Ratio: --

Median Sale Price: --

Median List Price: --

Percent of Sales Over List Price: --

Percent of Sales Under List Price: --

Median Days to Pending: --

(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Stead$441,808
Golden Valley$597,037
Raleigh Heights--
Panther Valley$573,902
North Valleys--
Cold Springs$461,783
Northeast$464,740
North Virginia$365,327
East University$318,785

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Lemmon Valley Homes for Sale

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Lemmon Valley Rental Market Trends

Average Rent: --

National Average Rent: $1,948 (August 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.