Reno Ranked One of the Least Affordable Housing Markets

Out of 100 urban cities in the U.S., RealtyHop ranks Reno as the 21st most unaffordable. So what is causing the housing price spike in the Reno-Sparks Market? With more and more high-earning California residents working from home and looking to relocate, Nevada seems to be the place to go. According to RealtyHop, the median price for a home in the Reno-Sparks area is $440,000, while the median household income is just under $59,000.