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Spanish Springs and Palamino Valley North of Sparks, Nevada (51127892265)Photo: Ken Lund from Reno, Nevada, USA · CC BY-SA 2.0
Housing in Spanish Springs

325 homes sold in Spanish Springs in the last year, at a typical $695K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Spanish Springs homes are listed.

Homes for sale in Spanish SpringsZillowRedfinRealtor.comMore places to look ↓
Homes sold
325
October 2025 to September 2026
Typical sale price
$695K
median, weighted by sales
Price per square foot
$322
Nevada $262
Paid vs. asking
99.2%
21% sold over asking
For sale now
94
September 2026 · 25 sold that month
What sold · last 12 months

Houses are 100% of Spanish Springs’ sales, at a typical $700K (year to May 2026)

325 homes sold in the year to September 2026.

Houses$700K

typical sale · 310 sold in the year to May 2026

Per square foot
$323NV $269
Days to sell
63
Sold over asking
19%
Listings with a price cut
29%
14 years of sales

About as many homes sell as usual, at 2.2 times the 2016 price

325 sales in the last year, against 384 in 2020 and a low of 258 in 2023. The typical sale went from $321K in 2016 to $695K.

Homes soldTypical sale price
0100200300400$275K$450K$625K$800K2012: 301 sold, typical $188K’122013: 289 sold, typical $256K2014: 303 sold, typical $277K’142015: 344 sold, typical $303K2016: 324 sold, typical $321K’162017: 312 sold, typical $362K2018: 318 sold, typical $385K’182019: 290 sold, typical $425K2020: 384 sold, typical $447K’202021: 329 sold, typical $549K2022: 276 sold, typical $645K’222023: 258 sold, typical $624K2024: 276 sold, typical $623K’242025: 276 sold, typical $687KLast 12 months: 325 sold, typical $695KNow

Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $700K buys in Spanish Springs

Houseat $323 a sq ft, year to May 2026
The same money in Nevadaat $269 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Spanish Springs homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Spanish Springs are rarer than before the pandemic, with about as many homes for sale

We read every month of Spanish Springs’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 325 sales.

If you’re buying in Spanish Springs

  • Shop in August. It brings about 33 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
  • Bid near asking. Buyers paid 99.2% of the list price on average; 21% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 61 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 37 a month), but April is the most competitive: 38% of April sales close over asking. July and August offer nearly as much choice with fewer homes bid up (32%). January has the least competition (21%).

New listings a monthShare sold over asking
01020304013%27%40%Sweet spotJan: 24 new listings a month, 21% sold over asking, 72 days to sellJFeb: 26 new listings a month, 24% sold over asking, 77 days to sellFMar: 29 new listings a month, 29% sold over asking, 48 days to sellMApr: 34 new listings a month, 38% sold over asking, 48 days to sellAMay: 37 new listings a month, 35% sold over asking, 49 days to sellMJun: 34 new listings a month, 32% sold over asking, 47 days to sellJJul: 33 new listings a month, 32% sold over asking, 48 days to sellJAug: 33 new listings a month, 28% sold over asking, 51 days to sellASep: 30 new listings a month, 30% sold over asking, 55 days to sellSOct: 26 new listings a month, 28% sold over asking, 60 days to sellONov: 17 new listings a month, 27% sold over asking, 64 days to sellNDec: 17 new listings a month, 22% sold over asking, 71 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Nevada as a whole

Spanish Springs now2017–192021 peakNV now
Sold over askingShare of sales that closed above the list price21%27%59%16%
Gone within two weeksShare of homes under contract within 14 days37%43%67%27%
Price paid vs. askingAverage sale price ÷ list price99.2%99%102%98%
Days to sellMedian days from listing to contract61633064
Supply

77 homes for sale on a typical day

That’s twice the 2021 low (38), about the 2017–19 level and well under 2013’s 107.

2012: 102 for sale’122013: 107 for sale2014: 100 for sale2015: 86 for sale’152016: 77 for sale2017: 67 for sale2018: 88 for sale’182019: 71 for sale2020: 84 for sale2021: 38 for sale’212022: 75 for sale2023: 61 for sale2024: 59 for sale’242025: 83 for saleLast 12 months: 77 for saleNow
Across Nevada

Spanish Springs ranks 16th of 34 busy Nevada markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Spanish Springs is in the middle of the pack.

Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Spanish Springs home costs about $3,892 a month

Mortgage
Property tax
Insurance
Rent

Price: Spanish Springs’ typical sale, last 12 months. Property tax at Spanish Springs’ 0.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Spanish Springs is affordable on local pay is on Cost of living.

Before you buy in Spanish Springs

Six things worth knowing

37

New listings in May

The month with the most choice. November has the fewest, about 17.

Best time to buy
0.5%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $695K home, about $3,190 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Spanish Springs, from test results, graduation and how much students grow.

Schools in Spanish Springs
33 min

Typical commute

The average one-way trip to work for people who live in Spanish Springs.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Sparks, Sun Valley, Lemmon Valley and Cold Springs sell for less a square foot

The busier markets within 25 miles of Spanish Springs, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Reno3,355$567K$32721%52
Sparks1,475$522K$29323%47
Spanish Springs325$695K$32221%61
Cold Springs141$474K$28142%46
Sun Valley76$454K$30330%52
Lemmon Valley61$500K$31227%67
Golden Valley29$665K$32812%113

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Spanish Springs, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Spanish Springs. People who follow the town see it, and so do people comparing Spanish Springs with their own town. No commission, no listing fee.

Questions about buying a home in Spanish Springs

What do homes sell for in Spanish Springs, NV?

325 homes sold in the year to September 2026 at a typical $695K, $322 a square foot.

Is Spanish Springs a buyer’s or seller’s market?

A seller’s market: 94 homes were for sale in September 2026 and 25 sold, about 3.7 months of supply. Buyers paid 99.2% of asking on average.

When is the best time to buy in Spanish Springs?

May brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Spanish Springs?

About 0.5% of a home’s value a year. On a $695K home that’s near $3,190.

Where can I see homes for sale in Spanish Springs?

Zillow, Redfin, Realtor.com and Homes.com all carry Spanish Springs’ MLS listings; the search links above open each one filtered to Spanish Springs.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).