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Housing in Spring Valley

2,325 homes sold in Spring Valley in the last year, at a typical $444K

About one sale in 3 is a condo. 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 Spring Valley homes are listed.

Homes for sale in Spring ValleyZillowRedfinRealtor.comMore places to look ↓
Homes sold
2,325
June 2025 to May 2026
Typical sale price
$444K
houses $506K · condos $228K
Price per square foot
$248
Nevada $265
Paid vs. asking
97.5%
13% sold over asking
For sale now
970
May 2026 · 241 sold that month
What sold · last 12 months

A quarter of Spring Valley’s sales are condos, at $278K less than a house

1558 houses and 516 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$506K

typical sale · 1558 sold in 12 months

Per square foot
$255NV $269
Days to sell
62
Sold over asking
14%
Listings with a price cut
25%
Condos$228K

typical sale · 516 sold in 12 months

Per square foot
$231NV $246
Days to sell
73
Sold over asking
9%
Listings with a price cut
26%
Fewer sales

Multi-family (2–4 units): 6 sold, typical $1M
Townhouses: 245 sold, typical $379K

Too few sales in 12 months for reliable figures.

14 years of sales

Fewer homes sell than before 2022, at twice the 2016 price

2,325 sales in the last year, against 4,823 in 2021 and a low of 2,378 in 2025. The typical sale went from $223K in 2016 to $444K.

Homes soldTypical sale price
01212242536374850$200K$300K$400K$500K2012: 4097 sold, typical $127K’122013: 3554 sold, typical $162K2014: 3062 sold, typical $190K’142015: 3276 sold, typical $205K2016: 3800 sold, typical $223K’162017: 4009 sold, typical $244K2018: 3854 sold, typical $274K’182019: 3639 sold, typical $284K2020: 3495 sold, typical $311K’202021: 4823 sold, typical $364K2022: 3262 sold, typical $423K’222023: 2539 sold, typical $404K2024: 2563 sold, typical $434K’242025: 2378 sold, typical $444KLast 12 months: 2325 sold, typical $444KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $450K buys in Spring Valley

Houseat $255 a sq ft
Condoat $231 a sq ft
The same money in Nevadaat $269 a sq ft

Is this asking price fair?

Check a listing against what Spring Valley 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 Spring Valley are rarer than before the pandemic, with about as many homes for sale

We read every month of Spring Valley’s 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 May 2026, 2,325 sales.

If you’re buying in Spring Valley

  • Shop in October. It brings about 346 new listings a month, close to the busiest month, with fewer bidding wars (20% over asking).
  • You can negotiate. 25% of listings have cut their price, against 19% before the pandemic.
  • Offer under asking. Buyers paid 97.5% of the list price on average; 13% paid over.
  • You’ll usually have time. Only 23% of homes go under contract within two weeks; the typical one takes 64 days.
Best time to buy

Spring brings both the most homes and the most bidding wars

May has the most new listings (about 407 a month), and the most competition: 28% close over asking. September and October offer nearly as much choice with fewer homes bid up (20%). December has the least competition (19%) but only about 225 new listings.

New listings a monthShare sold over asking
0102.5205307.541013%27%40%Sweet spotJan: 324 new listings a month, 21% sold over asking, 60 days to sellJFeb: 338 new listings a month, 21% sold over asking, 57 days to sellFMar: 397 new listings a month, 23% sold over asking, 50 days to sellMApr: 374 new listings a month, 27% sold over asking, 44 days to sellAMay: 407 new listings a month, 28% sold over asking, 44 days to sellMJun: 399 new listings a month, 26% sold over asking, 45 days to sellJJul: 404 new listings a month, 24% sold over asking, 47 days to sellJAug: 396 new listings a month, 23% sold over asking, 45 days to sellASep: 353 new listings a month, 20% sold over asking, 49 days to sellSOct: 346 new listings a month, 20% sold over asking, 51 days to sellONov: 266 new listings a month, 19% sold over asking, 50 days to sellNDec: 225 new listings a month, 19% sold over asking, 56 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

Spring Valley now2017–192021 peakNV now
Sold over askingShare of sales that closed above the list price13%19%42%17%
Gone within two weeksShare of homes under contract within 14 days23%36%53%27%
Listings with a price cutShare of homes for sale that cut their price25%19%16%25%
Price paid vs. askingAverage sale price ÷ list price97.5%98.4%100.3%98%
Days to sellMedian days from listing to contract64522663
Supply

955 homes for sale on a typical day

That’s 1.9 times the 2021 low (514), about the 2017–19 level and well under 2012’s 1530.

2012: 1530 for sale’122013: 1271 for sale2014: 1267 for sale2015: 1283 for sale’152016: 1277 for sale2017: 987 for sale2018: 962 for sale’182019: 1133 for sale2020: 895 for sale2021: 514 for sale’212022: 777 for sale2023: 554 for sale2024: 646 for sale’242025: 913 for saleLast 12 months: 955 for saleNow
Room to negotiate

1 in 4 listings has cut its price

25% in the last year, against 19% in 2017–19 and 25% across Nevada. More sellers are pricing high and coming down.

2015: 18%’152016: 17%2017: 14%2018: 19%’182019: 24%2020: 19%2021: 16%’212022: 32%2023: 21%2024: 22%’242025: 25%Last 12 months: 25%Now
Prices by type

Since 2019, houses are up 53%, condos 50%

A house typically sold for $506K in the last year (1558 sales), a condo for $228K (516).

$150K$300K$450K$600K2013201520172019202120232025NowHouses 2013: $194K, 2522 salesHouses 2014: $220K, 2200 salesHouses 2015: $238K, 2270 salesHouses 2016: $260K, 2596 salesHouses 2017: $283K, 2741 salesHouses 2018: $314K, 2548 salesHouses 2019: $330K, 2389 salesHouses 2020: $351K, 2376 salesHouses 2021: $413K, 3223 salesHouses 2022: $488K, 2096 salesHouses 2023: $475K, 1584 salesHouses 2024: $517K, 1610 salesHouses 2025: $511K, 1571 salesHouses last 12 months: $506K, 1558 salesHouses $506KCondos 2013: $78K, 777 salesCondos 2014: $86K, 639 salesCondos 2015: $91K, 762 salesCondos 2016: $100K, 914 salesCondos 2017: $121K, 979 salesCondos 2018: $147K, 978 salesCondos 2019: $152K, 925 salesCondos 2020: $157K, 798 salesCondos 2021: $190K, 1206 salesCondos 2022: $237K, 881 salesCondos 2023: $233K, 676 salesCondos 2024: $249K, 692 salesCondos 2025: $233K, 561 salesCondos last 12 months: $228K, 516 salesCondos $228K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across Nevada

Spring Valley ranks 26th of 34 busy Nevada markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Spring Valley is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Spring Valley home costs about $2,500 a month

Mortgage
Property tax
Insurance
Rent

Price: Spring Valley’s typical sale, last 12 months. Property tax at Spring Valley’s 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 Spring Valley is affordable on local pay is on Cost of living.

Before you buy in Spring Valley

Six things worth knowing

407

New listings in May

The month with the most choice. December has the fewest, about 225.

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 $444K home, about $2,200 a year.

Taxes vs. neighbors
C

Schools

The schools grade for Spring Valley, from test results, graduation and how much students grow.

Schools in Spring Valley
23 min

Typical commute

The average one-way trip to work for people who live in Spring Valley.

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

Winchester and Whitney sell for less a square foot; Summerlin South for far more

The busier markets within 25 miles of Spring Valley, 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
Las Vegas8,558$447K$25817%63
Enterprise3,198$490K$24914%66
Spring Valley2,325$444K$24813%64
Paradise1,887$392K$24618%68
Summerlin South651$820K$3626%70
Whitney495$364K$23427%74
Winchester453$361K$23816%83

Redfin Data Center, June 2025 to May 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 Spring Valley, free

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

Questions about buying a home in Spring Valley

What do homes sell for in Spring Valley, NV?

2,325 homes sold in the year to May 2026 at a typical $444K, $248 a square foot. Houses sold for about $506K, condos for about $228K.

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

A balanced market: 970 homes were for sale in May 2026 and 241 sold, about 4 months of supply. Buyers paid 97.5% of asking on average, and 25% of listings cut their price.

When is the best time to buy in Spring Valley?

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

How much are property taxes in Spring Valley?

About 0.5% of a home’s value a year. On a $444K home that’s near $2,200.

Where can I see homes for sale in Spring Valley?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). 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).