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Spanish Springs, NV
Full City Profile · Nevada · Storey County County
3.4
/5.0
B
Good
17,512
Population
315/sq mi density
$121,250
Median Income
$55,044 per capita
$600,000
Home Value
$523,431 Zillow
$1,905
Median Rent
24.9% income on rent
52°F
Avg Temperature
330 sunny days/yr
327
Violent Crime/100K
2,653 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$121,250 median income, 2.2% unemployment
B+
Affordability
3.9 / 5.0
$600,000 home value, $1,905/mo rent
F
Safety
1.0 / 5.0
327 violent crimes/100K
B+
Education
3.6 / 5.0
32.0% bachelor's degree or higher
Housing Overview
Median Home Value
$600,000
113% above
US avg: $281,900
Median Rent
$1,905/mo
64% above
US avg: $1,163/mo
Homeownership Rate
89.8%
37% above US avg (65.4%)
Total Housing Units
6,454
Median year built: 2001
Home Value by Source
Census Median
$600,000
Zillow (ZHVI)
$523,431
Median Sale Price
$717,450
Median List Price
$749,947
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
89.8%
Owner-Occupied
10.2%
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:
$1,905/mo
Market Indicators (Redfin)
Median Days on Market
72 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
34
Price Drops
19.5%
of listings with price reduction
Price Per Sq Ft
$347
Active Inventory
41
homes for sale
Affordability & Housing Stock
Rent Burden
24.9%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
2001
Average age of housing stock: 25 years
Homeownership Rate
89.8%
Complete Housing Data
Home Values
| Census Median Value | $600,000 |
| Zillow Home Value (ZHVI) | $523,431 |
| Median Sale Price | $717,450 |
| Median List Price | $749,947 |
| Price Per Sq Ft | $347 |
Rent
| Census Median Rent | $1,905 |
| 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 | 72 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 19.5% |
| Homes Sold | 34 |
| Active Inventory | 41 |
| Price Per Sq Ft | $347 |
Ownership & Stock
| Owner-Occupied | 89.8% |
| Renter-Occupied | 10.2% |
| Homeownership Rate | 89.8% |
| Total Housing Units | 6,454 |
| Median Year Built | 2001 |
| Rent Burden | 24.9% |