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Spring Creek, NV—89815

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$402,000
0.7% YoY Growth
Household Income
$104,000
7.2% YoY Growth
Days on Market
53
26.0% Shorter YoY
Home Price Forecast
0.2%
Median Rent
$1,500
13.1% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
$1,200
8.7% YoY Growth
3-Bed Rent
$1,720
14.7% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Spring Creek, NV

As of May '26, the median home price in Spring Creek, NV is $402,000, with a year-over-year change of 0.7%. This indicates that home prices in Spring Creek, NV are flat. According to Zillow, the 1-year price projection is 0.2%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$402,0000.7%
Single Family $402,0000.8%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$331,000-1.5%
    3 Bed
    		$384,0001.6%
    4 Bed
    		$448,0001.6%
    5 Bed $520,1511.8%
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    0.6%
    2 Bedrooms
    10.9%
    3 Bedrooms
    54.6%
    4 Bedrooms
    25.4%
    5+ Bedrooms
    7.6%

    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.

    TypeMedian RentAverage Rent
    Average Rent$1,500$1,590
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent $1,200$1,250
    3 Bed Rent $1,720$1,720
    4 Bed Rent $2,450$2,450
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    % of Rental Stock

    Studio
    5.6%
    1 Bedroom
    2.8%
    2 Bedrooms
    27.1%
    3 Bedrooms
    61.9%
    4 Bedrooms
    1.7%
    5+ Bedrooms
    0.9%

    Property Listings — Spring Creek, NV

    As of May '26, Realtor.com reports that the median days on market for a home in Spring Creek, NV is 53. This is a decrease of -26.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 16.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$575,0008.0%
    Listing Count
    		50-31.0%
    Listings as % of Homes1.6%-31.0%
    Days on Market
    		53-26.0%
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    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.

    MetricLatest CensusYoY % Change
    Population
    		15,7009.3%
    % Under 18
    		29.8%3.5%
    % Seniors
    		13.1%42.4%
    % WFH
    		10.0%163.2%
    % w/ College Degree
    		22.6%1.8%
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    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

    MetricLatest Census5-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%
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    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

    MetricZip 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%
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    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 SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/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

    MetricZip Code Average
    Home Price to Income Ratio3.6
    Median Home Price$402,000
    Median Household Income$104,000

    Spring Creek, NV — ZIP Code Boundary Map

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    Frequently Asked Questions