Sun Valley, NV 89433 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Sun Valley, NV—89433

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$426,000

0.0% YoY Growth

Household Income

$74,200

41.7% YoY Growth

Days on Market

13.0% Shorter YoY

Home Price Forecast

0.8%

Median Rent

$2,600

0.8% YoY Growth

1-Bed Rent

$976

N/A

2-Bed Rent

$1,400

9.7% YoY Growth

3-Bed Rent

$2,600

3.3% YoY Growth

Home Price Trends — Sun Valley, NV

As of Dec '25, the median home price in Sun Valley, NV is $426,000, with a year-over-year change of 0.0%. This indicates that home prices in Sun Valley, NV are flat. According to Zillow, the 1-year price projection is 0.8%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$426,000	0.0%
Single Family	$426,000	-0.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

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

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% of Rental Stock

Studio

2.6%

1 Bedroom

5.4%

2 Bedrooms

33.4%

3 Bedrooms

52.9%

4 Bedrooms

4.1%

5+ Bedrooms

1.5%

Property Listings — Sun Valley, NV

As of Dec '25, Realtor.com reports that the median days on market for a home in Sun Valley, NV is 40. This is a decrease of -4.0% 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 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	$495,000	7.0%
Listing Count	17	7.0%
Listings as % of Homes	0.2%	7.0%
Days on Market	67	-13.0%

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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%

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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%

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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%

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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

Sun Valley, NV—89433

Key Metrics at a Glance

Home Price Trends — Sun Valley, NV

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sun Valley, NV

% of Rental Stock

Property Listings — Sun Valley, NV

Demographics — Sun Valley, NV

Race and Ethnicity

Mortgage and Risk — Sun Valley, NV

Mortgages

Rentals and Section 8 — Sun Valley, NV

Section 8 Market Size

Section 8 Opportunity

Affordability — Sun Valley, NV

Home Price to Income Ratio

Sun Valley, NV — ZIP Code Boundary Map

Nearby ZIP Codes

University District, Reno, NV

Sparks, NV

Reno

Downtown Reno, Reno, NV

Sparks, NV

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.5
Median Home Price	$426,000
Median Household Income	$74,200

Sun Valley, NV—89433

Key Metrics at a Glance

Home Price Trends — Sun Valley, NV

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Sun Valley, NV

% of Rental Stock

Property Listings — Sun Valley, NV

Demographics — Sun Valley, NV

Race and Ethnicity

Mortgage and Risk — Sun Valley, NV

Mortgages

Rentals and Section 8 — Sun Valley, NV

Section 8 Market Size

Section 8 Opportunity

Affordability — Sun Valley, NV

Home Price to Income Ratio

Sun Valley, NV — ZIP Code Boundary Map

Nearby ZIP Codes

University District, Reno, NV

Sparks, NV

Reno

Downtown Reno, Reno, NV

Sparks, NV

Frequently Asked Questions

What is the average home price in Sun Valley, NV 89433?

How have home prices in Sun Valley, NV 89433 changed over the past year?

What is the home price projection for Sun Valley, NV 89433?

What are the demographics of Sun Valley, NV 89433?

How long does it take homes to sell in Sun Valley, NV 89433?

What is the average rent price in Sun Valley, NV 89433?