Spring Valley is a city that is growing faster than others in California at a 10-year growth rate of 6.4%. It also has a larger than average population of 28,205 people. With a median age of 35 years, homes in Spring Valley tend to be relatively old. The top school in the city is Loma Elementary School.
Home values in Spring Valley are generally in line with others in the state with a median home value of $264,100 and an average list price of $421,202. The Spring Valley market was strong this week as sales rocketed 32.1% to hit 37 homes sold over the last 30 days.
Wonder which homes are generating the most buzz? Here are the most viewed listings in Spring Valley:
The typical dwelling in Spring Valley is a three-bedroom detached home worth about $416,963. To purchase a similar home, a buyer with good credit and a $83,393 cash down payment could obtain a mortgage with a 3.95% interest rate and a $1,883 monthly payment. The property tax rate is $7.35 per $1,000 of taxable assessed value.