Somersett, Washoe County, NV

Median Home Price Price

$778,076 $778.1K

Median Monthly Rent Rent

$1,783 $1.8K

36.0x

Market Snapshot

Somersett, Washoe County, NV is a neighborhood market with a median home price of $778,076, a median monthly rent of $1,783, a GRM of 36.0x, and a price-to-rent ratio of 36.4.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

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West 4th Street Explore deeper
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$970K $1.8K 45.0x
Damonte Ranch
$739K $1.8K 34.0x

Home prices

Monthly rent

GRM = home price / annual rent

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Providence, Clark County, NV
$475K $2.2K 18.0x
North Ranch, Clark County, NV
$463K $1.4K 28.0x
Cortona, Clark County, NV
$579K $1.4K 35.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Woodland Park, Larimer County, CO
$739K $2.1K 29.0x
Candlewood, Hennepin County, MN
$254K $1.8K 12.0x
Leschi, King County, WA Explore deeper
$1.09M $2.2K 41.0x

Home prices

Monthly rent

GRM = home price / annual rent

Somersett

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Benchmark comparison

Compare Somersett, NV to another market.

Compare to West 4th Street, NV
Somersett, NV
West 4th Street, NV
Delta
Median rent
$1,783
N/A
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Median price
$778,076
N/A
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YoY change
+$80
N/A
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Price-to-rent
36.4x
Data unavailable
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Key takeaways

  • Somersett, Washoe County, NV has a higher-grm screening profile: At 36.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $80 year over year.
  • Next discovery step: compare West 4th Street, Washoe County, NV from the Same county set.