Zip 89103 (Spring Valley, NV) Housing

The housing in 89103 Spring Valley, NV has a median value of $248,200, which is significantly lower than the US House Median Value of $338,100. However, the area has seen an impressive house appreciation in the past year with an increase of 10.62%, which is higher than the US 1 year House Appreciation rate of 8.27%. Therefore, Spring Valley is an attractive option for potential homeowners looking to invest in the area's real estate market.

The median home cost in Spring Valley (zip 89103) is $248,200. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Spring Valley (zip 89103) is up 21.1%.

Average Age of Homes

- The median age of Spring Valley (zip 89103) real estate is 32 years old

The Rental Market in Spring Valley (zip 89103)

- Renters make up 52.1% of the Spring Valley (zip 89103) population
- 5.7% of houses and apartments in Spring Valley (zip 89103), 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

Housing	Spring Valley, Nevada	United States
	26,423.0	139,647,020.0
	36	42
	$248,200	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$4.94	$10.98
	$1,004	$2,690
	27.0%	57.4%
	15.5%	11.2%
	57.6%	31.4%
Vacant Housing
	5.7%	1.9%
	1.4%	0.4%
	0.4%	0.7%
	0.3%	0.4%
	5.2%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	8.4%	2.6%
	6.0%	2.4%
	3.3%	2.8%
	3.7%	3.9%
	5.5%	4.5%
	10.2%	11.3%
	12.3%	13.0%
	25.9%	20.1%
	15.9%	13.6%
	5.1%	8.3%
	2.6%	9.7%
	0.4%	3.9%
	0.4%	2.2%
	0.1%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	10.0%	13.6%
	10.0%	13.6%
	22.5%	13.6%
	33.9%	13.2%
	28.2%	14.8%
	22.5%	13.6%
	0.3%	10.0%
	0.3%	4.7%
	0.2%	12.2%

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