Spanish Springs, NV is a great place to invest in housing. The median value of housing in the area is $518,400, which is higher than the US average of $338,100. On top of that, house appreciation over the past year has been 4.73%, lower than the US average of 8.27%. This suggests that investing in housing here is a good option for those looking to build equity over time.
The median home cost in Spanish Springs is $518,400. Home appreciation the last 10 years has been 200.6%. Home Appreciation in Spanish Springs is up 12.6%.
Average Age of Homes
- The median age of Spanish Springs real estate is 19 years old
The Rental Market in Spanish Springs
- Renters make up 16.0% of the Spanish Springs population
- 1.1% of houses and apartments in Spanish Springs, 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.