According to statistics, the population in Spring Valley, NV amounts to 195,646, which shows growth 3% compared to the previous year. The median age of the city’s residents is 38. The average household income is $52,718, shifting growth 3% from the past year, and the average property value in Spring Valley, NV growth 16% to $218,400 throughout the year.
Population | 195,646 |
Median Age | 37.5 |
Poverty Rate | 13% |
Household Income | $52,718 |
Number Of Employees | 101,823 |
Median Property Value | $218,400 |
The average household income in Spring Valley, NV grew from $51,228 to $52,718 in the past year. This data is an estimate based upon 73,342 households in Spring Valley, NV . The chart below presents how household income is distributed in Spring Valley, NV in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Spring Valley, NV shifted from $187,900 to $218,400 throughout the year. The subsequent graph indicates the share of properties in the given price range in Spring Valley, NV in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Spring Valley, NV properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Spring Valley, NV compared to median property taxes around the country. The prevalent amount of property taxes in Spring Valley, NV equals $1150, which is less than the national average.
Apartment Size | Feb | vs Last Month |
---|---|---|
Studio apartments | $875,987 | -27.4% |
1-bed apartments | $274,475 | -1.2% |
2-bed apartments | $310,644 | -0.4% |
3-bed apartments | $470,425 | +0.7% |
4+ bed apartments | $990,960 | +1.9% |
During February 2023, the average price for an apartment in/near Spring Valley, NV increased by 1% to $619,274.
Knowing the current property prices is key if you plan to buy a studio in Spring Valley, NV. The average price for a studio has decreased since the last month, currently being $875,987. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 1.2% to $274,475. Asking price for 2-bed apartment also decreased by 0.4% and a place of this size will now cost you $310,644. A 3-bed apartment goes for $470,425, it increased by 0.7% lately. We discerned the rise of 4- and more bed apartment price. It increased by 1.9% and made it up to $990,960.
Listing Type | Feb | vs Last Month |
---|---|---|
Townhouses for sale | $397,402 | -0.5% |
Land for sale | $967,564 | -19.8% |
Houses for sale | $757,830 | +2.4% |
Condos for sale | $242,627 | +0.3% |
Lofts for sale | $743,824 | +0.8% |
Apartments for sale | $234,944 | N/A |
While assessing the property pricing Spring Valley, NV, you can note that it remains flat with a price tag of $234,944. Price reports demonstrate that house price increased by 2.4% this month making it up to $757,830. Condos are really in demand in this season. The median price for a condo increased by 0.3%, it’s now available for $242,627. The price dynamics of lofts changed, it increased by 0.8%, the price tag now starts at $743,824. The property value of townhouses decreased by 0.5%, you’ll have to spend around $397,402 to get one. The average price of the land for sale in Spring Valley, NV has decreased by 19.8%, and now equals $967,564.