Median home value is about $443,600 — about 27% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,704 (about 47% above the U.S. median rent ($1,163)), and owner-occupancy near 59.3% (about 6.1 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 89148 in Spring Valley, NV, a household would need roughly $122,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,850. That is about 29% above the local median household income ($94,926), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.