Spring Creek, NV—89815
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spring Creek, NV
As of Oct '25, the median home price in Spring Creek, NV is $390,000, with a year-over-year change of 3.4%. This indicates that home prices in Spring Creek, NV are increasing. According to Zillow, the 1-year price projection is -0.1%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $390,000 | 3.4% |
| Single Family | $390,000 | 2.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $313,000 | 1.0% |
3 Bed | $372,000 | 3.3% |
4 Bed | $438,000 | 2.8% |
| 5 Bed | $511,000 | 2.8% |
% of Housing Stock
Rental Trends — Spring Creek, NV
As of July '25, Rentcast reports the average rent in Spring Creek, NV is $1,590, with a year-over-year rent change of -13.1%. Per bedroom, the median rent as of July '25 in Spring Creek, NV is 2-bedrooms: $1,250, 3-bedrooms: $1,720, 4-bedrooms: $2,450. The most common rental property sizes in Spring Creek, NV are 3-bedroom and 2-bedroom, accounting for 61.9% and 27.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,590 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,200 | $1,250 |
| 3 Bed Rent | $1,720 | $1,720 |
| 4 Bed Rent | $2,450 | $2,450 |
% of Rental Stock
Property Listings — Spring Creek, NV
As of Oct '25, Realtor.com reports that the median days on market for a home in Spring Creek, NV is 59. This is a increase of 37.0% 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 32.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $462,000 | 5.0% |
Listing Count | 74 | -23.0% |
| Listings as % of Homes | 1.6% | -23.0% |
Days on Market | 59 | 37.0% |
Demographics — Spring Creek, NV
As of the latest ACS Survey released in 2023, Spring Creek, NV has a population of 15,700, which has increased by 9.3% over the past 5 years. Spring Creek, NV is a popular place for families, as children make up 29.8% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,700 | 9.3% |
% Under 18 | 29.8% | 3.5% |
% Seniors | 13.1% | 42.4% |
% WFH | 10.0% | 163.2% |
% w/ College Degree | 22.6% | 1.8% |
As of the latest ACS Survey released in 2023, Spring Creek, NV is a predominantly white area, with 80.8% of the population identifying as white. The white population has shrunk by 7.3% in the last 5 years. The second most common race or ethnicity in Spring Creek, NV is hispanic, making up 9.8% of the population. Foreign-born residents account for 3.1% of the population in Spring Creek, NV, and this percentage has decreased by 11.4% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 80.8% | -7.3% |
% Black | 0.1% | ∞% |
% Hispanic | 9.8% | 11.4% |
% Asian | 0.8% | -20.0% |
% Foreign Born | 3.1% | -11.4% |
Mortgage and Risk — Spring Creek, NV
According to HUD data as of 2023, there were 393 mortgage originations in Spring Creek, NV, of which 53.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 46.0% above 90% LTV (very high). This implies large mortgage risk in Spring Creek, NV. Investor activity is low, as 1.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 393 |
% Conventional Loans | 53.0% |
% Government Loans | 47.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Spring Creek, NV
Spring Creek, NV lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,430 |
| 2 Bedroom | $670 | $1,200 | $1,870 |
| 3 Bedroom | $640 | $1,720 | $2,360 |
| 4 Bedroom | $690 | $2,450 | $3,140 |
Affordability — Spring Creek, NV
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.5 |
| Median Home Price | $390,000 |
| Median Household Income | $104,000 |