Sun Valley, NV
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Highest Appreciating Sun Valley Neighborhoods Since 2000




Sun Valley, NV Real Estate Data

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 Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Sun Valley Housing Market Information

With 19,943 people, 6,284 houses or apartments, and a median cost of homes of $176,411, 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 53.05% of the town's housing units. Other types of housing that are prevalent in Sun Valley include single-family detached homes ( 41.72%), duplexes, homes converted to apartments or other small apartment buildings ( 2.61%), and a few large apartment complexes or high rise apartments ( 2.13%).

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 68.76% of Sun Valley's homes, and 70.46% 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 1940-1969 ( 10.35%). A lesser amount of the housing stock also hails from between 2000 and later ( 7.18%). There's also some housing in Sun Valley built before 1939 ( 1.25%).

Sun Valley Home Appreciation Rates

Homes have actually lost value in Sun Valley over the last then years, as home values have seen a decline of 21.72% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Sun Valley home appreciation rates at 1.96%, which equates to an annual appreciation rate of 8.05%.

Appreciation rates are so strong in Sun Valley that despite a nationwide downturn in the housing market, Sun Valley real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Sun Valley appreciation rates continue to be some of the highest in America, at 19.09%, which is higher than appreciation rates in 99.80% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Sun Valley. Sun Valley appreciation rates in the latest quarter were at 1.96%, which equates to an annual appreciation rate of 8.05%.

Importantly, this makes Sun Valley one of the highest appreciating communities in the nation for the latest quarter, and may signal the town's near-future real estate investment strength.

Relative to Nevada, our data show that Sun Valley's latest annual appreciation rate is higher than 90% of the other cities and towns in Nevada.

Average Home Values

 

Median Home Value:
$176,411

Sun Valley, NV HOME PRICES

Value Range
> $1,619,000 0.2
$1,214,001 - $1,619,000 0.0
$809,001 - $1,214,000 0.0
$648,001 - $809,000 0.6
$486,001 - $648,000 1.1
$324,001 - $486,000 6.5
$162,001 - $324,000 41.9
$81,001 - $162,000 26.7
$0 - $81,000 23.1

Average for NV
High for Nation

Value Relative to Nation Value Relative to State
39.4175553732568 50.0

Number Of Homes And Apartments:
6,284

Sun Valley Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NV*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
58.24% 2.70% 5 7
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,209 / per month

Homeownership Rate

Homeownership
Owners 68.76
Renters 31.24
Vacant 7.78

Housing Market Details

 

Age of Homes

AGE OF Sun Valley HOMES
2000 or Newer 7.2
1970 - 1999 81.2
1940 - 1969 10.3
1939 or Older 1.2

Types of Homes

TYPE OF Sun Valley HOMES
Single-Family 41.7
Townhomes 0.5
Small Apt. Buildings 2.6
Apt. Complexes 2.1
Mobile Homes 53.1
Other 0.0

Home Size

SIZE OF Sun Valley HOMES
No Bedroom 1.61
1 Bedroom 4.14
2 Bedrooms 20.93
3 Bedrooms 61.05
4 Bedrooms 9.41
5 or more bedrooms 2.86

Popular Communities Near Sun Valley, NV

Zip Codes in Sun Valley, NV