
Home Price Key
These days, finding an affordable place to live in the Spring Valley area can be challenging. Home prices in Spring Valley are now at a median cost of $299,051, lower than the Nevada average of $321,492.
The average cost of rent is $1,418/mo in Spring Valley, primarily driven by the current value of real estate in the Spring Valley area. While nearly 36.73% of residents own their homes outright in Spring Valley, 50.95% rent.
Housing affordability isn’t just about home prices, though. The average household income in Spring Valley is $5,513 per month. Households that rent pay about 25.72% of their income on rent here. Spring Valley's most expensive areas are in the southwestern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Summerlin South, NV: higher priced homes
- Las Vegas, NV: equally priced homes
- Enterprise, NV: higher priced homes
- Winchester, NV: less expensive homes
- Blue Diamond, NV: higher priced homes
- North Las Vegas, NV: less expensive homes
- Whitney, NV: less expensive homes
- Sunrise Manor, NV: less expensive homes
- Henderson, NV: higher priced homes
- Nellis Afb, NV: less expensive homes
Cities with Similar Populations
- Myrtle Beach, SC: less expensive homes
- Napa, CA: higher priced homes
- Norman, OK: less expensive homes
- Nashville, TN: equally priced homes
- Naperville, IL: higher priced homes
- Norfolk, VA: less expensive homes
- Naples, FL: higher priced homes
- New Britain, CT: less expensive homes
- Muncie, IN: less expensive homes
- New Rochelle, NY: higher priced homes
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