Silver Springs, NV Home Values & Market Trends

Real estate market trends reflect that there have been 207 transactions over the past year in Silver Springs. The median value for residential home transactions that occurred over the previous year is $163,538.93. The number of current listings in Silver Springs is 24, and the percentage of properties for sale in the city is 24.00%. Silver Springs, NV currently has 6 properties in foreclosure, 2 bank owned properties, 0 properties headed for auction, and 24 properties for sale.

Silver Springs, NV Real Estate Market Overview

ZipMedian Est. Value
89429

$ 224,692

$ 220/sqft

Housing Market Summary for Silver Springs, NV

Apr 2023March 2024Change
Median Listing Price$279K$86,519-68.99%
Median Sold Price$71,604$86,51920.83%
Homes For Sale2525-
Homes Sold981024.08%
Price
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Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Silver Springs, NV

Silver Springs home values range from $22,898 to $1,247,336. The median estimated value of a home in Silver Springs is $163,538.93. The median list price of a home is 332,450, and the total count of properties in the city is 2,824.

Foreclosure
There is 1 zips within Silver Springs, NV; within this zips, the median estimated home value for homes in foreclosure ranges from $327,452 in 89429 to the lowest value of $57,116 in 89429. Foreclosure homes account for 0.00% of properties in Silver Springs, NV with 89429 containing 7 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.14% of all residential properties in Silver Springs, NV with 89429 containing 4 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Silver Springs, NV; of that zips, the estimated home value for pre-foreclosure homes ranges from $327,452 in 89429 to the lowest home value of $327,452 in 89429.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Silver Springs, NV ranges from the highest value of $0 in 89429 to the lowest value of $0 in 89429. Bank owned homes and properties account for 0.07% of properties in Silver Springs, NV. There is 1 zips within Silver Springs, NV; 89429 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Silver Springs, NV. Auction homes and other auction properties account for 0% of all properties in Silver Springs, NV. There is 1 zips within Silver Springs, NV; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.85% of residential properties in Silver Springs, NV with 89429 containing 31 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Silver Springs, NV; homes for sale in that zips, have a range of median values from $729,000 in 89429 to the lowest value of $45,841 in 89429.
    Sold Homes
    The median value for recently sold homes ranges from $843,217 in 89429 to the lowest price of $39,537 in 89429. There is 1 zips within Silver Springs, NV. 89429 has 157 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 4.11% of properties in Silver Springs, NV.

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      Guide for Silver Springs, NV

      Pennsylvania
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania
      Henderson Real Estate Market Report March 2024
      Pennsylvania
      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Nevada
      A Review of Las Vegas Housing Trends, 2023
      See More Articles
      Reno’s Real Estate Market Posts Mixed Trends as Property Values Dip but Purchasing Activity Remains High in Early 2024
      Pennsylvania|posted 17 April 2024

      Reno’s real estate market shows shifting trends for property values and average sale prices, with notable discrepancies in listing volumes and properties sold, suggesting a fluid market for potential investors.

      Henderson Real Estate Market Report March 2024
      Pennsylvania|posted 4 March 2024

      Henderson’s real estate market, from March 2023 to February 2024, demonstrates adjusting property values, consistent demand, and the significance of when to list or sell properties.

      Reno Real Estate Market Shows Year-Over-Year Growth Despite Monthly Fluctuations – January 2024 Report
      Pennsylvania|posted 5 February 2024

      The Reno real estate market exhibits fluctuating trends, with an overall annual increase in property values, especially in value per square foot. Other cities present diverse price trends, and foreclosure data outlines consistency in distressed property values. Current listing prices, higher than recent transaction values, indicate potential growth expectations.

      A Review of Las Vegas Housing Trends, 2023
      Nevada|posted 19 January 2024

      Las Vegas saw a decrease in average property values and a stable per square foot value, suggesting a nuanced and evolving investment landscape in 2023.

      Recently Listed Homes Silver Springs, NV

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