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Featured local agent — Spanish Springs, NV
Sarah Mitchell
Compass Real Estate · Spanish Springs, NV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spanish Springs, NV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$640,500median sale price
How is the Spanish Springs, NV housing market right now?
The median home sale price in Spanish Springs, NV is $640,500, down 9.8% year-over-year. Homes sell in an average of 24 days with 80 active listings. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Spanish Springs a buyer's or seller's market?
Spanish Springs, NV is currently a balanced market, based on 3.3 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
24
Last 12 weeks
Days on market
24
Average pace
Active listings
80
3.3 months supply
Sale-to-list
99.9%
Below asking
What does the Spanish Springs housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $640,500 |
| Median list price | $742,500 |
| Year-over-year price change | -9.8% |
| Average days on market | 24 days |
| Active inventory | 80 listings |
| Months of supply | 3.3 months |
| Sale-to-list price ratio | 99.9% |
| Median price per sq ft | $351/sq ft |
| Homes sold (latest month) | 24 |
| New listings (latest month) | 38 |
| Listings with a price cut | 31.3% |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Spanish Springs by property type?
How the Spanish Springs, NV market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $640,500 | $351/sq ft | 24 | 24 days |
Source: Redfin · Updated monthly
The Spanish Springs housing market is currently classified as a balanced market with a median sale price of $640,500. Prices have fallen 9.8% compared to last year, with homes spending an average of 24 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Spanish Springs
There are currently 80 homes listed for sale in Spanish Springs, Nevada. The median listing price is $743K.
Active listings
80
Homes on market
Median list price
$743K
Avg. days on market
24
Days until sale
New this week
38
Newly listed
Who lives in Spanish Springs?
Population
17,512
Median income
$121,250/yr
Median age
46 years
Owner-occupied
89.8%
College grads
32.0%
Avg commute
29.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Spanish Springs?
Spanish Springs is a community of approximately 18K residents with a median age of 46 years.The median household income is $121,250, which reflects a relatively affluent area with strong earning potential. 32.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 89.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 29.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spanish Springs offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Spanish Springs, NV?
Want a head-to-head view? Compare Spanish Springs side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spanish Springs?
The median home sale price in Spanish Springs is $640,500, down 9.8% from last year.
How long do homes stay on market in Spanish Springs?
Homes typically spend 24 days on market before going under contract.
What is the median income in Spanish Springs?
The median household income is $121,250 per year.
Is Spanish Springs a buyer's or seller's market?
With 3.3 months of supply, Spanish Springs is currently a balanced market.
How much does a single-family home cost in Spanish Springs?
The median single-family home price in Spanish Springs, NV is $640,500 (about $351 per square foot).
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