diff --git a/CHANGELOG.md b/CHANGELOG.md
index c1fb4bc7ae42..d84c581f30c8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -14,6 +14,7 @@
 
 - `[jest-environment-node]` fix non-configurable globals ([#13687](https://github.com/facebook/jest/pull/13687))
 - `[@jest/expect-utils]` `toMatchObject` should handle `Symbol` properties ([#13639](https://github.com/facebook/jest/pull/13639))
+- `[jest-mock]` fix mockReset and resetAllMocks undefined return ([#13692](https://github.com/facebook/jest/pull/13692))
 - `[jest-resolve]` Add global paths to `require.resolve.paths` ([#13633](https://github.com/facebook/jest/pull/13633))
 - `[jest-runtime]` Support Wasm files that import JS resources ([#13608](https://github.com/facebook/jest/pull/13608))
 - `[jest-snapshot]` Make sure to import `babel` outside of the sandbox ([#13694](https://github.com/facebook/jest/pull/13694))
diff --git a/docs/MockFunctionAPI.md b/docs/MockFunctionAPI.md
index b77e9a27d856..fab938c6835c 100644
--- a/docs/MockFunctionAPI.md
+++ b/docs/MockFunctionAPI.md
@@ -126,7 +126,7 @@ The [`clearMocks`](configuration#clearmocks-boolean) configuration option is ava
 
 Does everything that [`mockFn.mockClear()`](#mockfnmockclear) does, and also removes any mocked return values or implementations.
 
-This is useful when you want to completely reset a _mock_ back to its initial state. (Note that resetting a _spy_ will result in a function with no return value).
+This is useful when you want to completely reset a _mock_ back to its initial state.
 
 The [`resetMocks`](configuration#resetmocks-boolean) configuration option is available to reset mocks automatically before each test.
 
diff --git a/packages/jest-mock/src/__tests__/index.test.ts b/packages/jest-mock/src/__tests__/index.test.ts
index 5bfbbd877223..27b13b594c18 100644
--- a/packages/jest-mock/src/__tests__/index.test.ts
+++ b/packages/jest-mock/src/__tests__/index.test.ts
@@ -1215,6 +1215,30 @@ describe('moduleMocker', () => {
     expect(fn.getMockName()).toBe('jest.fn()');
   });
 
+  test('after mock reset, the object should return to its original value', () => {
+    const myObject = {bar: () => 'bar'};
+
+    const barStub = moduleMocker.spyOn(myObject, 'bar');
+
+    barStub.mockReturnValue('POTATO!');
+    expect(myObject.bar()).toBe('POTATO!');
+    barStub.mockReset();
+
+    expect(myObject.bar()).toBe('bar');
+  });
+
+  test('after resetAllMocks, the object should return to its original value', () => {
+    const myObject = {bar: () => 'bar'};
+
+    const barStub = moduleMocker.spyOn(myObject, 'bar');
+
+    barStub.mockReturnValue('POTATO!');
+    expect(myObject.bar()).toBe('POTATO!');
+    moduleMocker.resetAllMocks();
+
+    expect(myObject.bar()).toBe('bar');
+  });
+
   test('mockName gets reset by mockRestore', () => {
     const fn = jest.fn();
     expect(fn.getMockName()).toBe('jest.fn()');
diff --git a/packages/jest-mock/src/index.ts b/packages/jest-mock/src/index.ts
index f143564bf733..5ff1ca67dade 100644
--- a/packages/jest-mock/src/index.ts
+++ b/packages/jest-mock/src/index.ts
@@ -509,6 +509,7 @@ export class ModuleMocker {
   private _mockConfigRegistry: WeakMap<Function, MockFunctionConfig>;
   private _spyState: Set<() => void>;
   private _invocationCallCounter: number;
+  private _originalFn: WeakMap<Mock, Function>;
 
   /**
    * @see README.md
@@ -521,6 +522,7 @@ export class ModuleMocker {
     this._mockConfigRegistry = new WeakMap();
     this._spyState = new Set();
     this._invocationCallCounter = 1;
+    this._originalFn = new WeakMap();
   }
 
   private _getSlots(object?: Record<string, any>): Array<string> {
@@ -775,7 +777,12 @@ export class ModuleMocker {
 
       f.mockReset = () => {
         f.mockClear();
-        this._mockConfigRegistry.delete(f);
+        const originalFn = this._originalFn.get(f);
+        const originalMockImpl = {
+          ...this._defaultMockConfig(),
+          mockImpl: originalFn,
+        };
+        this._mockConfigRegistry.set(f, originalMockImpl);
         return f;
       };
 
@@ -1215,7 +1222,7 @@ export class ModuleMocker {
         return original.apply(this, arguments);
       });
     }
-
+    this._originalFn.set(object[methodKey] as Mock, original);
     return object[methodKey] as Mock;
   }
 
@@ -1401,6 +1408,7 @@ export class ModuleMocker {
   }
 
   resetAllMocks(): void {
+    this._spyState.forEach(reset => reset());
     this._mockConfigRegistry = new WeakMap();
     this._mockState = new WeakMap();
   }