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Featured local agent — Double Spring, NV
Sarah Mitchell
Compass Real Estate · Double Spring, NV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Double Spring, NV Housing Market
The last median sale price Redfin published was $1.15M (through May 2026). With 1.0 months of supply and homes going under contract in about 35 days, Double Spring is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $1.15M home is about $6,134/mo in principal and interest.
Key numbers for Double Spring, NV
Median sale price
$1.15M
Last published period
Redfin, through April 2026
Days on market
35
Average pace
Redfin, through April 2026
Active listings
1
1.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$106,042
Home costs 10.8x income
U.S. Census ACS, 2023
Sale-to-list ratio
100.0%
Selling above asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Double Spring a buyer's or seller's market?
Double Spring, NV is a seller's market, based on 1.0 months of supply and homes selling in about 35 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Double Spring housing market data show?
Every row below is Redfin's final published month for Double Spring, NV. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $1.15M |
| Median price per sq ft | $390/sq ft |
| Median days on market | 35 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.0% |
| Homes sold (that month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Double Spring is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Double Spring is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Double Spring home prices moved?
Across the 8 months we hold for Double Spring, NV, the median sale price rose 27.7%, from $900,000 in December 2021 to $1.15M. 100.0% of Double Spring listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 100.0%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Double Spring?
Priced off the median sale price of $1.15M at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $229,800 | $919,200 | $6,134/mo |
| 5% | $57,450 | $1.09M | $7,284/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $6,134, that implies roughly $262,885 a year before you add taxes and insurance. The median household in Double Spring earns $106,042, about $156,843 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the median sale price to fit the 28% rule. That puts the price-to-income ratio at 10.8x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Double Spring in the next 12 months?
Tell us your timeline. We send the Double Spring market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Double Spring?
Zillow does not publish a rent index (ZORI) for Double Spring, NV, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Double Spring?
Active listings in Double Spring, NV went from 1 in December 2021 to 1 in April 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings |
|---|---|
| December 2021 | 1 |
| April 2023 | 1 |
| September 2023 | 2 |
| November 2023 | 1 |
| April 2026 | 1 |
Redfin, through April 2026
How does Double Spring compare to Nevada and the U.S.?
Double Spring homes sell for $1.15M — 139% above the Nevada median of $481,200. Against the national median of $410,700, Double Spring runs 180% higher.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Double Spring, NV | $1.15M | not published | 35 days |
| Nevada statewide | $481,200 | +3.1% | 52 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Double Spring
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 100.0%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $1,150 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $1.15M home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Double Spring listing goes under contract in 35 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 100.0% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside Double Spring varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Double Spring
There are currently 1 homes listed for sale in Double Spring, Nevada.
Active listings
1
Homes on market
Avg. days on market
35
Days until sale
How much do homes cost in Double Spring by property type?
How the Double Spring, NV market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.15M | $390/sq ft | 1 | 35 days |
Who lives in Double Spring?
American Community Survey estimates for Double Spring. U.S. Census ACS, 2023
Population
243
Households
53
Median income
$106,042/yr
Median age
33.1 years
Owner-occupied
96.2%
Median home value
$611,600
Mean commute
38.3 min
96.2% of occupied homes in Double Spring are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near Double Spring, NV?
Ordered by distance from Double Spring, not by size. Compare Double Spring side by side with any of them.
Double Spring housing market FAQ
Is Double Spring a buyer's or seller's market?
Double Spring, NV is currently a seller's market. That read comes from 1.0 months of supply, homes going under contract in about 35 days, and sellers getting 100.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Double Spring?
The median sale price in the last month Redfin published was $1.15M, about $390 per square foot.
Is Double Spring cheaper than the rest of Nevada?
Double Spring's median sale price of $1.15M is 139% higher than the Nevada statewide median of $481,200, and 180% above the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Double Spring?
Homes in Double Spring, NV spent a median of 35 days on market before going under contract, versus 52 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Double Spring?
At the current 30-year fixed rate of 7.03%, 20% down on a $1.15M home is about $6,134 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $262,885 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $106,042.
Are home prices rising in Double Spring?
We do not hold a complete 12-month value series for Double Spring, NV yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in Double Spring?
Double Spring ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Double Spring?
That depends on your timeline, not on a headline. What the data says today: Double Spring, NV is a seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $1.15M, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.