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Silver Springs, NV Housing

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As of 2010-2014, median price of a house in Silver Springs is $87,200, which is much lower than the state average of $167,100 and is much lower than the national average of $175,700. The Silver Springs median house value has shrunk by 15.67% since 2000. The growth rate for the price of a house in Silver Springs is lower than the state average rate of 17.68% and is much lower than the national average rate of 46.91%. The median year that a house in Silver Springs was built is 1992, which is about the same as the median year for a house built in the state which is 1993 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,656 Owner Occupied Houses in Silver Springs, NV, #86

Silver Springs, NV	87,200 USD
Nevada	167,100 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, #54

Silver Springs, NV		-15.67%
Nevada		17.68%
U.S.		46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Silver Springs, NV	Nevada	U.S.
Total Housing Units	2,562, see rank, 100%	1,185,232	132,741,033
Occupied Housing Units	2,114, 82.51%, see rank	84.87%	87.55%
Owner Occupied	1,656, 64.64%, see rank	47.24%	56.34%
Renter Occupied	458, 17.88%, see rank	37.63%	31.21%
Vacant Housing Units	448, 17.49%, see rank	15.13%	12.45%
For Rent	0, 0.00%, see rank	4.31%	2.34%
For Sale Only	41, 1.60%, see rank	1.41%	1.20%
Rented or Sold, Not Occupied	0, 0.00%, see rank	0.97%	0.92%
For Seasonal, Recreational, or Occasional Use	13, 0.51%, see rank	4.18%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.01%	0.03%
Other Vacant	394, 15.38%, see rank	4.25%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #25

Silver Springs, NV	Nevada	U.S.
1992	1993	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Silver Springs, NV	%	Nevada	U.S.
Owner-Occupied Units	1,656	100%	559,911	74,787,460
With a Mortgage	974	58.82%, see rank	72.00%	65.58%
Without a Mortgage	682	41.18%, see rank	28.00%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Silver Springs, NV	1,183 USD
Nevada	1,514 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Silver Springs, NV	%	Nevada	U.S.
$299 or Less	0	0.00%, see rank	0.30%	0.20%
$300 to $499	27	2.77%, see rank	1.07%	1.59%
$500 to $699	66	6.78%, see rank	3.57%	5.01%
$700 to $999	191	19.61%, see rank	12.88%	14.32%
$1,000 to $1,499	521	53.49%, see rank	31.43%	27.90%
$1,500 to $1,999	80	8.21%, see rank	23.53%	20.35%
$2,000 to $2,999	64	6.57%, see rank	19.72%	19.52%
$3,000 or More	25	2.57%, see rank	7.51%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Silver Springs, NV	39.30% of the Total Income
Nevada	25.50% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Silver Springs, NV	%	Nevada	U.S.
10% or Less	49	5.03%, see rank	5.22%	5.86%
10% to 20%	100	10.27%, see rank	27.95%	31.95%
20% to 30%	162	16.63%, see rank	27.20%	27.64%
30% to 40%	186	19.10%, see rank	15.34%	13.74%
40% or More	477	48.97%, see rank	23.60%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Silver Springs, NV	308 USD
Nevada	420 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Silver Springs, NV	%	Nevada	U.S.
$199 or Less	133	19.50%, see rank	7.85%	7.76%
$200 to $299	190	27.86%, see rank	16.16%	14.70%
$300 to $499	215	31.52%, see rank	40.76%	34.63%
$500 to $699	130	19.06%, see rank	20.46%	21.16%
$700 or More	14	2.05%, see rank	14.77%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Silver Springs, NV	10.00% of the Total Income
Nevada	10.80% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Silver Springs, NV	%	Nevada	U.S.
10% or Less	346	50.73%, see rank	46.31%	40.19%
10% to 20%	189	27.71%, see rank	28.15%	31.47%
20% to 30%	37	5.43%, see rank	10.98%	12.24%
30% to 40%	68	9.97%, see rank	4.70%	5.64%
40% or More	35	5.13%, see rank	8.28%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Silver Springs, NV	Nevada	U.S.
Total Housing Units	2,562, 100%	1,185,232	132,741,033
1-unit, Detached	1,141, 44.54%, see rank	59.21%	61.65%
1-unit, Attached	25, 0.98%, see rank	4.57%	5.82%
2 Units	0, 0.00%, see rank	1.33%	3.75%
3 or 4 Units	46, 1.80%, see rank	6.17%	4.43%
5 to 9 Units	34, 1.33%, see rank	8.70%	4.78%
10 or More Units	25, 0.98%, see rank	14.12%	13.08%
Mobile Home, Boat, RV, Van, etc.	1,291, 50.39%, see rank	5.90%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Silver Springs, NV	Nevada	U.S.
Total Housing Units	2,562, 100%	1,185,232	132,741,033
1 Room	0, 0.00%, see rank	2.64%	1.95%
2 Rooms	36, 1.41%, see rank	3.06%	2.48%
3 Rooms	138, 5.39%, see rank	10.74%	9.13%
4 Rooms	506, 19.75%, see rank	18.52%	16.60%
5 Rooms	663, 25.88%, see rank	21.90%	20.41%
6 Rooms	546, 21.31%, see rank	18.45%	18.06%
7 Rooms	459, 17.92%, see rank	11.28%	12.27%
8 Rooms	164, 6.40%, see rank	6.80%	8.48%
9 Rooms or More	50, 1.95%, see rank	6.61%	10.60%
Median Rooms	5.40, see rank	5.20	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Silver Springs, NV	Nevada	U.S.
Total Housing Units	2,562, 100%	1,185,232	132,741,033
No Bedroom	0, 0.00%, see rank	2.84%	2.17%
1 Bedroom	94, 3.67%, see rank	10.82%	11.16%
2 Bedrooms	595, 23.22%, see rank	26.53%	26.69%
3 Bedrooms	1,542, 60.19%, see rank	38.31%	39.70%
4 Bedrooms	227, 8.86%, see rank	17.06%	16.05%
5 or More Bedrooms	104, 4.06%, see rank	4.44%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Silver Springs, NV	Nevada	U.S.
Total Housing Units	2,114, 100%	1,005,958	116,211,092
Utility Gas	720, 34.06%, see rank	62.12%	48.85%
Bottled, Tank, or LP Gas	755, 35.71%, see rank	2.84%	4.86%
Electricity	305, 14.43%, see rank	32.00%	36.68%
Fuel Oil, Kerosene, etc.	29, 1.37%, see rank	0.70%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	269, 12.72%, see rank	1.52%	2.12%
Solar Energy	0, 0.00%, see rank	0.05%	0.05%
Other Fuel	36, 1.70%, see rank	0.42%	0.47%
No Fuel Used	0, 0.00%, see rank	0.32%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Silver Springs, NV	Nevada	U.S.
Occupied Units Paying Rent	428, 100%	431,595	39,201,928
$199 or Less	0, 0.00%, see rank	0.60%	1.50%
$200 to $299	0, 0.00%, see rank	0.99%	3.18%
$300 to $499	70, 16.36%, see rank	3.52%	7.37%
$500 to $699	90, 21.03%, see rank	13.81%	16.01%
$700 to $999	139, 32.48%, see rank	33.24%	29.17%
$1,000 to $1,499	129, 30.14%, see rank	33.72%	26.88%
$1,500 to $1,999	0, 0.00%, see rank	10.48%	9.79%
$2,000 or More	0, 0.00%, see rank	3.64%	6.10%
Median	$846, see rank	$980	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Silver Springs, NV	Nevada	U.S.
Occupied Housing Units	2,114, 100%	1,005,958	116,211,092
No Vehicles Available	138, 6.53%, see rank	7.91%	9.12%
1 Vehicles Available	619, 29.28%, see rank	36.95%	33.80%
2 Vehicles Available	661, 31.27%, see rank	37.42%	37.48%
3 or More Vehicles Available	696, 32.92%, see rank	17.72%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.