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Sun Valley, NV

Full City Profile · Nevada · Storey County County

2.7 /5.0
C+ Fair
22,697 Population 1,558/sq mi density
$76,108 Median Income $27,434 per capita
$321,000 Home Value $429,856 Zillow
$1,161 Median Rent 28.2% income on rent
55°F Avg Temperature 330 sunny days/yr
327 Violent Crime/100K 2,653 property/100K
C+
Overall
2.7 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$76,108 median income, 3.9% unemployment
A
Affordability
4.3 / 5.0
$321,000 home value, $1,161/mo rent
F
Safety
1.0 / 5.0
327 violent crimes/100K
D
Education
1.8 / 5.0
9.5% bachelor's degree or higher

Housing Overview

Median Home Value
$321,000
14% above
US avg: $281,900
Median Rent
$1,161/mo
0% below
US avg: $1,163/mo
Homeownership Rate
72.2%
10% above US avg (65.4%)
Total Housing Units
7,195
Median year built: 1990

Home Value by Source

Census Median
$321,000
Zillow (ZHVI)
$429,856
Median Sale Price
$438,500
Median List Price
$480,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

72.2%
Owner-Occupied
27.8%
Renter-Occupied
72%
28%
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: $1,161/mo

Market Indicators (Redfin)

Median Days on Market
41 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
6
Price Drops
13.3%
of listings with price reduction
Price Per Sq Ft
$260
Active Inventory
15
homes for sale

Affordability & Housing Stock

Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
72.2%

Complete Housing Data

Home Values

Census Median Value$321,000
Zillow Home Value (ZHVI)$429,856
Median Sale Price$438,500
Median List Price$480,000
Price Per Sq Ft$260

Rent

Census Median Rent$1,161
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 Market41
Sale-to-List Ratio1.0%
Price Drops13.3%
Homes Sold6
Active Inventory15
Price Per Sq Ft$260

Ownership & Stock

Owner-Occupied72.2%
Renter-Occupied27.8%
Homeownership Rate72.2%
Total Housing Units7,195
Median Year Built1990
Rent Burden28.2%