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Featured local agent — Spring Valley, NV
Sarah Mitchell
Compass Real Estate · Spring Valley, NV
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Spring Valley, NV Housing Market & Real Estate
Housing market overview · Updated monthly ·
$449,000median sale price
How is the Spring Valley, NV housing market right now?
The median home sale price in Spring Valley, NV is $449,000, up 0.9% year-over-year. Homes sell in an average of 51 days with 970 active listings. The market is currently a leaning buyer's. (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 Spring Valley a buyer's or seller's market?
Spring Valley, NV is currently a leaning buyer's, based on 4.0 months of supply and homes selling in about 51 days. How we determine this →
Homes sold
241
Last 12 weeks
Days on market
51
Average pace
Active listings
970
4.0 months supply
Sale-to-list
97.8%
Below asking
What does the Spring Valley housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $449,000 |
| Median list price | $449,900 |
| Year-over-year price change | +0.9% |
| Average days on market | 51 days |
| Active inventory | 970 listings |
| Months of supply | 4.0 months |
| Sale-to-list price ratio | 97.8% |
| Median price per sq ft | $249/sq ft |
| Homes sold (latest month) | 241 |
| New listings (latest month) | 353 |
| Listings with a price cut | 24.3% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Spring Valley by property type?
How the Spring Valley, 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 | $525,000 | $258/sq ft | 166 | 48 days |
| Condo / Co-op | $220,000 | $229/sq ft | 43 | 78 days |
| Townhouse | $352,500 | $239/sq ft | 32 | 42 days |
Source: Redfin · Updated monthly
The Spring Valley housing market is currently classified as a leaning buyer's with a median sale price of $449,000. Prices have risen 0.9% compared to last year, with homes spending an average of 51 days on market, indicating 4.0 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 Spring Valley
There are currently 970 homes listed for sale in Spring Valley, Nevada. The median listing price is $450K.
Active listings
970
Homes on market
Median list price
$450K
Avg. days on market
51
Days until sale
New this week
353
Newly listed
Who lives in Spring Valley?
Population
219,913
Median income
$72,364/yr
Median age
39.2 years
Owner-occupied
49.8%
College grads
31.0%
Avg commute
22.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Spring Valley?
Spring Valley is a community of approximately 220K residents with a median age of 39.2 years.The median household income is $72,364, which represents a working-class community with solid middle-income opportunities. 31.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 49.8%, showing a blend of owner and renter-occupied properties. The average commute time is 22.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Spring Valley offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Spring Valley, NV?
Want a head-to-head view? Compare Spring Valley side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Spring Valley?
The median home sale price in Spring Valley is $449,000, up 0.9% from last year.
How long do homes stay on market in Spring Valley?
Homes typically spend 51 days on market before going under contract.
What is the median income in Spring Valley?
The median household income is $72,364 per year.
Is Spring Valley a buyer's or seller's market?
With 4.0 months of supply, Spring Valley is currently a leaning buyer's.
What is the median condo price in Spring Valley?
The median condo/co-op sale price in Spring Valley, NV is $220,000, compared to $525,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Spring Valley?
The median single-family home price in Spring Valley, NV is $525,000 (about $258 per square foot).
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