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Silver Springs, NV
Full City Profile · Nevada · Storey County County
2.7
/5.0
C+
Fair
5,523
Population
77/sq mi density
$53,105
Median Income
$28,572 per capita
$238,100
Home Value
$345,423 Zillow
$1,291
Median Rent
41.0% income on rent
57°F
Avg Temperature
330 sunny days/yr
132
Violent Crime/100K
660 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$53,105 median income, 4.6% unemployment
A
Affordability
4.2 / 5.0
$238,100 home value, $1,291/mo rent
F
Safety
1.0 / 5.0
132 violent crimes/100K
C
Education
2.1 / 5.0
13.5% bachelor's degree or higher
Housing Overview
Median Home Value
$238,100
16% below
US avg: $281,900
Median Rent
$1,291/mo
11% above
US avg: $1,163/mo
Homeownership Rate
80.2%
23% above US avg (65.4%)
Total Housing Units
2,637
Median year built: 1990
Home Value by Source
Census Median
$238,100
Zillow (ZHVI)
$345,423
Median Sale Price
$317,500
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
80.2%
Owner-Occupied
19.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,056/mo
1 Bedroom
$1,135/mo
2 Bedroom
$1,428/mo
3 Bedroom
$1,941/mo
4 Bedroom
$2,352/mo
Census median rent:
$1,291/mo
Market Indicators (Redfin)
Median Days on Market
170 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
4
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$227
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
41.0%
of renters spending 30%+ of income on housing
32% above US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
80.2%
Complete Housing Data
Home Values
| Census Median Value | $238,100 |
| Zillow Home Value (ZHVI) | $345,423 |
| Median Sale Price | $317,500 |
| Price Per Sq Ft | $227 |
Rent
| Census Median Rent | $1,291 |
| FMR Studio | $1,056 |
| FMR 1-Bedroom | $1,135 |
| FMR 2-Bedroom | $1,428 |
| FMR 3-Bedroom | $1,941 |
| FMR 4-Bedroom | $2,352 |
Market
| Days on Market | 170 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 20.0% |
| Homes Sold | 4 |
| Active Inventory | 5 |
| Price Per Sq Ft | $227 |
Ownership & Stock
| Owner-Occupied | 80.2% |
| Renter-Occupied | 19.8% |
| Homeownership Rate | 80.2% |
| Total Housing Units | 2,637 |
| Median Year Built | 1990 |
| Rent Burden | 41.0% |