The housing market in Smith Valley, NV is significantly more expensive than the national average, with the median home value at $638,000 compared to the US median of $338,100. The annual appreciation rate of homes in Smith Valley is 4.72%, lower than the national average of 8.27%. Although prices are high in Smith Valley, the slower appreciation rate indicates that buyers may be able to find a good investment opportunity and take advantage of relative stability in the housing market.
The median home cost in Smith Valley is $638,000. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Smith Valley is up 12.6%.
Average Age of Homes
- The median age of Smith Valley real estate is 25 years old
The Rental Market in Smith Valley
- Renters make up 17.1% of the Smith Valley population
- 0.0% of houses and apartments in Smith Valley, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.