Spring Valley, NV Housing


2 Reviews



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The housing market in Spring Valley, NV is thriving with a median value of $365,800 that is higher than the national average of $338,100. In addition, the 1 year house appreciation rate in Spring Valley is significantly higher at 10.62%, compared to the US average of 8.27%. This indicates that the real estate in Spring Valley continues to be an attractive investment opportunity for potential buyers and homeowners.

The median home cost in Spring Valley is $365,800. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Spring Valley is up 21.1%.

Average Age of Homes
- The median age of Spring Valley real estate is 22 years old
The Rental Market in Spring Valley
- Renters make up 45.1% of the Spring Valley population
- 3.1% of houses and apartments in Spring 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.

Median Monthly Rent by Number of Bedrooms

   Housing by Year Built

  HousingSpring Valley, NevadaUnited States
  92,750.0139,647,020.0
  2442
  $365,800$338,100
  21.1%16.6%
  84.4%57.0%
  244.5%101.1%
  $5.69$10.98
  $1,808$2,690
  45.0%57.4%
  9.1%11.2%
  45.9%31.4%
  Vacant Housing
  3.1%1.9%
  0.6%0.4%
  0.5%0.7%
  0.3%0.4%
  2.8%3.6%
  1.8%4.1%
  Value of Owner-Occupied Housing
  1.4%2.6%
  1.5%2.4%
  0.6%2.8%
  0.7%3.9%
  1.4%4.5%
  4.9%11.3%
  7.7%13.0%
  26.8%20.1%
  27.9%13.6%
  13.8%8.3%
  9.8%9.7%
  2.2%3.9%
  0.5%2.2%
  0.6%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.3%0.2%
  27.3%13.6%
  27.3%13.6%
  30.9%13.6%
  14.9%13.2%
  11.3%14.8%
  30.9%13.6%
  0.3%10.0%
  0.1%4.7%
  0.1%12.2%
Reviews for Spring Valley
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Over 15 years ago

Spring Valley, at one time was a lovely small place to live, we were in the upper elevation of the valley with some distance between us and the rest of Las Vegas.  More

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Over 15 years ago

I have lived in Spring Valley for 33 years. Same house, raised three children and all the things that go with that. We were among the first wave of residents back in  More

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