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.