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Silver Springs CDP, NV

ZIP 89429 — Housing & Real Estate

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

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89429

Median Home Value
$264,700
Median Rent
$1,035
Affordability Snapshot
$73,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,700/mo PITI).

20%
Rent-to-Income Ratio

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

4.4x
Home Price-to-Income Ratio

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

21.3 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 89429 in Silver Springs CDP, NV, a household would need roughly $73,000 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 $1,700. That is about 20% above the local median household income ($60,661), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
83.0%+27% vs US avg
x
Vacancy Rate
9.7%-5% vs US avg
x
Broadband Access
92.7%+6% vs US avg
x
4+ Bedrooms
0.4%-98% vs US avg
x
Built Pre-1939
0.6%-95% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
22.4%-55% vs US avg
x
Mortgage-Free
45.2%+18% vs US avg
x
$264,700
Home Value
$1,035
Rent
1994
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached45.7%
  • 1-unit attached0.0%
  • 2-9 units0.3%
  • 10+ units2.2%
  • Mobile home & other51.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$264,700
Median rent$1,035
Owner-occupied83.0%
Vacant9.7%
Price-to-income4.4x
Est. income to buy$73,000