Spring Valley, NV Housing Market & Real Estate

Leaning buyer's-5.0% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Spring Valley, NV is $429,875, down 5.0% year-over-year. Homes sell in an average of 81 days with 888 active listings. The market is currently a leaning buyer's.

$429,875median sale price

Is Spring Valley a buyer's or seller's market?

Leaning buyer's5.0 months of supply81 avg. days on market

Spring Valley, NV is currently a leaning buyer's, based on 5.0 months of supply and homes selling in about 81 days. How we determine this →

Homes sold

178

Last 12 weeks

Days on market

81

Average pace

Active listings

888

5.0 months supply

Sale-to-list

97.2%

Below asking

Spring Valley, NV market data

Current housing market statistics for Spring Valley, NV
MetricValue
Median sale price$429,875
Median list price$459,450
Year-over-year price change-5.0%
Average days on market81 days
Active inventory888 listings
Months of supply5.0 months
Sale-to-list price ratio97.2%
Market conditionLeaning buyer's

Source: Redfin · Updated weekly

The Spring Valley housing market is currently classified as a leaning buyer's with a median sale price of $429,875. Prices have fallen 5.0% compared to last year, with homes spending an average of 81 days on market, indicating 5.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Spring Valley

There are currently 888 homes listed for sale in Spring Valley, Nevada. The median listing price is $459K.

Active listings

888

Homes on market

Median list price

$459K

Avg. days on market

81

Days until sale

New this week

272

Newly listed

Price drops:22.6%of listings
Sale-to-list:97.2%

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Frequently asked questions

What is the average home price in Spring Valley?

The median home sale price in Spring Valley is $429,875, down 5.0% from last year.

How long do homes stay on market in Spring Valley?

Homes typically spend 81 days on market before going under contract.

Is Spring Valley a buyer's or seller's market?

With 5.0 months of supply, Spring Valley is currently a leaning buyer's.

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