Zip 89148 (Spring Valley, NV) Housing

Housing in Spring Valley, NV (89148) is desirable due to its high median value of $455,800. This is considerably higher than the US House Median Value of $338,100 and has seen an impressive one year appreciation rate of 10.62%, compared to the US 1 year House Appreciation Rate of 8.27%. With strong housing values and high appreciation rates, Spring Valley is a great place for potential homeowners looking to make an investment in property.

The median home cost in Spring Valley (zip 89148) is $455,800. Home appreciation the last 10 years has been 244.5%. Home Appreciation in Spring Valley (zip 89148) is up 21.1%.

Average Age of Homes

- The median age of Spring Valley (zip 89148) real estate is 12 years old

The Rental Market in Spring Valley (zip 89148)

- Renters make up 42.9% of the Spring Valley (zip 89148) population
- 2.5% of houses and apartments in Spring Valley (zip 89148), 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
	23,456.0	139,647,020.0
	14	42
	$455,800	$338,100
	21.1%	16.6%
	84.4%	57.0%
	244.5%	101.1%
	$6.29	$10.98
	$2,196	$2,690
	54.7%	57.4%
	6.9%	11.2%
	38.4%	31.4%
Vacant Housing
	2.5%	1.9%
	0.2%	0.4%
	0.3%	0.7%
	0.2%	0.4%
	2.2%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.3%	2.4%
	0.8%	2.8%
	0.1%	3.9%
	0.3%	4.5%
	1.5%	11.3%
	5.7%	13.0%
	22.8%	20.1%
	37.4%	13.6%
	17.0%	8.3%
	10.8%	9.7%
	1.3%	3.9%
	0.4%	2.2%
	1.3%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	1.0%	0.2%
	58.3%	13.6%
	58.3%	13.6%
	9.9%	13.6%
	1.0%	13.2%
	0.6%	14.8%
	9.9%	13.6%
	0.0%	10.0%
	0.1%	4.7%
	0.1%	12.2%