The Spring Valley housing market is somewhat competitive. The median sale price of a home in Spring Valley was $428K last month, up 5.3% since last year. The median sale price per square foot in Spring Valley is $261, up 7.4% since last year.
What is the housing market like in Spring Valley today?
In April 2024, Spring Valley home prices were up 5.3% compared to last year, selling for a median price of $428K. On average, homes in Spring Valley sell after 34 days on the market compared to 46 days last year. There were 252 homes sold in April this year, up from 235 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$427,500
+5.3% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Spring Valley, NV
$427,500
+5.3%
United States
To compare other locations to the Spring Valley and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Spring Valley add value to a home.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Spring Valley housing market?
Spring Valley is somewhat competitive. Homes sell in 38 days.
0
100
57
Somewhat Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 38 days.
Hot homes
can sell for around list price and go pending in around 11 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Spring Valley
Explore recent offers and recently sold homes in Spring Valley
Recent offers
Offer Not Accepted|
5 Weeks Ago
~$400K Offer
Sold for $400K
3bd | 2.5ba | ~1,500sqft
Over List Price
0%
Days on Market
5
Competing Offers
3
Down Payment
—
Fernanda Kriese
Spring Valley Redfin Agent
Although my clients offer was highest in purchase price amount - seller went with cash buyer.
Offer Not Accepted|
8 Weeks Ago
~$400K Offer
Sold for $400K
3bd | 1.5ba | ~1,500sqft
Under List Price
5%
Days on Market
12
Competing Offers
1
Down Payment
—
Fernanda Kriese
Spring Valley Redfin Agent
customer decided to proceed with another home at this time.
Offer Not Accepted|
10 Weeks Ago
~$375K Offer
Sold for $375K
3bd | 2.5ba | ~1,500sqft
Over List Price
0%
Days on Market
1
Competing Offers
1
Down Payment
~50%
Fernanda Kriese
Spring Valley Redfin Agent
customer proceeded with another property and not interested in this home any longer.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Spring Valley housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Spring Valley.
Risk Factor
Flood Factor - Minor
5% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Spring Valley has a minor risk of flooding. 507 properties in Spring Valley are likely to be
severely affected
by flooding over the next 30 years. This represents 5% of all properties in Spring Valley. Flood risk is increasing slower than the national average.
41% of properties are at risk of wildfire over the next 30 years
Fire Factor
Spring Valley has a major risk of wildfire. There are 27,470 properties in Spring Valley that have some risk of being affected by wildfire over the next 30 years. This represents 41% of all properties in Spring Valley.
Spring Valley has minimal risk of severe winds over the next 30 years
Wind Factor
Spring Valley has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.