Sun Valley, NV—89433
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sun Valley, NV
As of Oct '25, the median home price in Sun Valley, NV is $430,000, with a year-over-year change of 0.4%. This indicates that home prices in Sun Valley, NV are flat. According to Zillow, the 1-year price projection is 0.4%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $430,000 | 0.4% |
| Single Family | $430,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $339,000 | -0.9% |
3 Bed | $421,000 | 0.0% |
4 Bed | $476,000 | 1.1% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Sun Valley, NV
As of July '25, Rentcast reports the average rent in Sun Valley, NV is $2,390, with a year-over-year rent change of 0.8%. Per bedroom, the median rent as of July '25 in Sun Valley, NV is 1-bedrooms: $1,150, 2-bedrooms: $1,400, 3-bedrooms: $2,480, 4-bedrooms: $2,990. The most common rental property sizes in Sun Valley, NV are 3-bedroom and 2-bedroom, accounting for 52.9% and 33.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,600 | $2,390 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $976 | $1,150 |
| 2 Bed Rent | $1,400 | $1,400 |
| 3 Bed Rent | $2,600 | $2,480 |
| 4 Bed Rent | $2,990 | $2,990 |
% of Rental Stock
Property Listings — Sun Valley, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Sun Valley, NV is 29. This is a increase of 19.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 36.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $480,000 | 3.0% |
Listing Count | 22 | 10.0% |
| Listings as % of Homes | 0.2% | 10.0% |
Days on Market | 29 | 19.0% |
Demographics — Sun Valley, NV
As of the latest ACS Survey released in 2023, Sun Valley, NV has a population of 23,400, which has increased by 9.3% over the past 5 years. Sun Valley, NV is a popular place for families, as children make up 27.5% of the population. The area has a poorly educated workforce, with 9.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 23,400 | 9.3% |
% Under 18 | 27.5% | -0.4% |
% Seniors | 11.7% | 6.4% |
% WFH | 3.1% | 93.8% |
% w/ College Degree | 9.2% | 2.2% |
As of the latest ACS Survey released in 2023, Sun Valley, NV is a predominantly hispanic area, with 52.9% of the population identifying as hispanic. The hispanic population has grown by 19.4% in the last 5 years. The second most common race or ethnicity in Sun Valley, NV is white, making up 39.4% of the population. Foreign-born residents account for 20.2% of the population in Sun Valley, NV, and this percentage has increased by 25.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.4% | -18.1% |
% Black | 1.2% | -42.9% |
% Hispanic | 52.9% | 19.4% |
% Asian | 1.4% | -36.4% |
% Foreign Born | 20.2% | 25.5% |
Mortgage and Risk — Sun Valley, NV
According to HUD data as of 2023, there were 258 mortgage originations in Sun Valley, NV, of which 60.0% of loans were conventional mortgages. The average loan-to-value was 72.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Sun Valley, NV. Investor activity is low, as 4.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 258 |
% Conventional Loans | 60.0% |
% Government Loans | 40.0% |
% Investor Loans | 4.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Sun Valley, NV
As of 2024, the percent of homes in Sun Valley, NV under the Section 8 program is 5.4%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Sun Valley, NV, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 99 |
Total Units Section 8 | 99 |
% Rentals under Section 8 | 5.4% |
% Occupied Section 8 | 77.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $194 | $976 | $1,170 |
| 2 Bedroom | $70 | $1,400 | $1,470 |
| 3 Bedroom | -$570 | $2,600 | $2,030 |
| 4 Bedroom | -$580 | $2,990 | $2,410 |
Affordability — Sun Valley, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.6 |
| Median Home Price | $430,000 |
| Median Household Income | $74,200 |