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Data on this report is based on areas within the legal city boundary, outlined in black on the map. Any additional neighborhoods shown on the map are associated with the city by name and are included for reference only.



Sun Valley, NV Real Estate Market

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q3 2023. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2021 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more about Scout's Real Estate Data

Sun Valley, NV Housing Market Trends

With 21,178 people, 6,932 houses or apartments, and a median cost of homes of $311,751, Sun Valley real estate prices are well above average cost compared to national prices.

Mobile homes or trailers are the single most common housing type in Sun Valley, accounting for 53.77% of the town's housing units. Other types of housing that are prevalent in Sun Valley include single-family detached homes ( 41.78%), duplexes, homes converted to apartments or other small apartment buildings ( 2.14%), and a few large apartment complexes or high rise apartments ( 2.01%).

Owner-occupied, three and four bedroom dwellings, primarily in mobile homes or trailers are the most prevalent type of housing you will see in Sun Valley. Owner-occupied housing accounts for 70.96% of Sun Valley's homes, and 70.20% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Sun Valley built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Sun Valley built between 2000 and later ( 11.75%). A lesser amount of the housing stock also hails from between 1940-1969 ( 10.32%).

Sun Valley Home Appreciation Rates

In the last 10 years, Sun Valley has experienced some of the highest home appreciation rates of any community in the nation. Sun Valley real estate appreciated 220.08% over the last ten years, which is an average annual home appreciation rate of 12.34%, putting Sun Valley in the top 10% nationally for real estate appreciation. If you are a home buyer or real estate investor, Sun Valley definitely has a track record of being one of the best long term real estate investments in America through the last ten years.

Over the last year, Sun Valley appreciation rates have trailed the rest of the nation. In the last twelve months, Sun Valley's appreciation rate has been -2.90%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Sun Valley were at 2.78%, which equates to an annual appreciation rate of 11.59%.

Relative to Nevada, our data show that Sun Valley's latest annual appreciation rate is higher than 70% of the other cities and towns in Nevada.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Sun Valley differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Sun Valley - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Sun Valley real estate investment or home purchase decisions.

Average Home Values

Median Home Value

$311,751

Sun Valley, NV Home Prices
> $1,452,000
$1,089,001 - $1,452,000
$726,001 - $1,089,000
$581,001 - $726,000
$436,001 - $581,000
$290,001 - $436,000
$145,001 - $290,000
$72,001 - $145,000
$0 - $72,000
0.4%
0.4%
0.1%
0.1%
0.1%
0.1%
4.9%
4.9%
22.1%
22.1%
29.7%
29.7%
26.5%
26.5%
9.9%
9.9%
6.2%
6.2%
0% 100.0%
% of Homes
Average

for Nevada

High

for nation

Number of Homes And Apartments:

6,932

Sun Valley Appreciation Rates

Rent & Ownership

Average Market Rent:

$1,918 / per month

Homeownership Rate

Owners
Renters
Vacant
71.0%
71.0%
29.0%
29.0%
3.9%
3.9%
0% 100.0%
% of Homes

Housing Market Details

Age of Homes

2000 or Newer
1970 - 1999
1940 - 1969
1939 or Older
11.7%
11.7%
77.4%
77.4%
10.3%
10.3%
0.5%
0.5%
0% 100.0%
% of Homes

Types of Homes

Single-Family
Townhomes
Small Apt. Buildings
Apt. Complexes
Mobile Homes
Other
41.8%
41.8%
0.3%
0.3%
2.1%
2.1%
2.0%
2.0%
53.8%
53.8%
0.0%
0.0%
0% 100.0%
% of Homes

Home Size

No Bedroom
1 Bedroom
2 Bedrooms
3 Bedrooms
4 Bedrooms
5 or more bedrooms
0.9%
0.9%
3.0%
3.0%
24.6%
24.6%
54.6%
54.6%
15.6%
15.6%
1.4%
1.4%
0% 100.0%
% of Homes

Popular Communities Near Sun Valley, NV

Zip Codes in Sun Valley, NV