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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 $288,875, higher than the Wisconsin average of $280,373.
The average cost of rent is $995/mo in Spring Valley, primarily driven by the current value of real estate in the Spring Valley area. In Spring Valley, 14.93% of households rent, and 31.80% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spring Valley is $7,414 per month. Households that rent pay about 13.43% of their income on rent here. Spring Valley’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Olivet, WI: higher priced homes
- El Paso, WI: higher priced homes
- Woodville, WI: higher priced homes
- Hatchville, WI: equally priced homes
- Waverly, WI: equally priced homes
- Elmwood, WI: less expensive homes
- Wilson, WI: higher priced homes
- Rock Elm, WI: less expensive homes
- East Ellsworth, WI: higher priced homes
- Beldenville, WI: higher priced homes
Cities with Similar Populations
- Great Neck Estates, NY: higher priced homes
- Nauvoo, AL: less expensive homes
- Orrtanna, PA: less expensive homes
- Solsberry, IN: less expensive homes
- Lansing, NC: less expensive homes
- Kenansville, NC: less expensive homes
- Hickman, KY: less expensive homes
- Goodman, MO: less expensive homes
- Girard, IL: less expensive homes
- Felicity, OH: less expensive homes
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