Housing in Silver Springs, NV is quite expensive with a median value of $285,600 compared to the US median house value of $338,100. Despite this high cost of living, appreciation for the housing market in Silver Springs is on the rise as it has experienced an increase of 4.72% over the past year - lower than the national average 8.27%. With these promising developments in the housing market, Silver Springs remains a desirable place to live and invest.
The median home cost in Silver Springs is $285,600. Home appreciation the last 10 years has been 200.5%. Home Appreciation in Silver Springs is up 12.6%.
Average Age of Homes
- The median age of Silver Springs real estate is 25 years old
The Rental Market in Silver Springs
- Renters make up 17.9% of the Silver Springs population
- 2.2% of houses and apartments in Silver Springs, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.