A 3-bedroom rents for about $2,610 a month here (HUD FY2026 fair market rent), a price-to-rent ratio of 10.7. Rent or buy in 89118?
Price per square foot for every Spring Valley ZIP with enough listings to print, priciest first. 89118 asks 1% less than the place as a whole.
| 89118 | Spring Valley | |
|---|---|---|
| Homes for sale | 146 | 1,142 |
| Median asking price | $336,500 | $450,000 |
| Median $/sqft | $250 | $254 |
| Median days on market | 74 | 69 |
| Share with a price cut | 3% | 5% |
| Close at (of final ask) | - | 100% |
Asking-side figures cover the homes currently for sale; the closing ratio appears only where at least three sales are confirmed against the county record. A dash is a figure withheld as too thin.
The median asking price across the 146 homes for sale in 89118 is $336,500, or $250 per square foot. Half ask more, half less. A closing ratio appears once enough sales are confirmed against the county record.
Per square foot, 89118 asks 1% less than Spring Valley as a whole today ($250 against $254), ranking 5 of 8 Spring Valley ZIPs with enough listings to print. Price per square foot is the fairer comparison than the median price, because it does not reward a ZIP for having small homes.
The typical listing in 89118 has been on the market 74 days, and 3% of sellers have already cut their price. Longer days and more cuts mean more room to negotiate; short days and few cuts mean sellers are holding. Compare with Spring Valley's figures on its market report.
From Kouzr's own daily snapshot of every active listing in the ZIP: medians over the homes for sale, the share that have cut their price, and, where enough sales have closed, the median sale-to-list ratio confirmed against the Clark County Assessor's recorded sale. Not licensed from a portal or an MLS report, and never modelled. The methodology page has the rules and the floors.
Computed by Kouzr from its own daily snapshots of active listings, not from an MLS or licensed market report. Automated estimates, not an appraisal; data about homes and prices, never about people.