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Spring Valley CDP, NV

ZIP 89148 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLarge CommunityLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89148

Median Home Value
$443,600
Median Rent
$1,704
Affordability Snapshot
$122,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,850/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.7x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.7 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 89148 in Spring Valley CDP, 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.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
59.3%-9% vs US avg
x
Vacancy Rate
5.6%-45% vs US avg
x
Broadband Access
94.9%+9% vs US avg
x
4+ Bedrooms
6.2%-58% vs US avg
x
Built Pre-1939
0.1%-99% vs US avg
x
Built Post-2014
3.0%-57% vs US avg
x
Rent Burden >30%
17.3%-65% vs US avg
x
Mortgage-Free
30.2%-21% vs US avg
x
$443,600
Home Value
$1,704
Rent
2007
Year Built
2017
Moved In

Residents have lived here since ~2017 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached72.6%
  • 1-unit attached4.0%
  • 2-9 units8.6%
  • 10+ units13.5%
  • Mobile home & other1.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$443,600
Median rent$1,704
Owner-occupied59.3%
Vacant5.6%
Price-to-income4.7x
Est. income to buy$122,000