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SILVER SPRINGS, NV 89429

Real Estate Market Report
Balanced Market
June 2026  ·  Source: Realtor.com

Market Analysis

Data as of June 2026. Source: Realtor.com.

The SILVER SPRINGS, NV real estate market (89429) currently shows 6 active listings, with 2 pending sales. Homes are averaging 225 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 225 days on market compared to 41 days last year.

The median listing price has risen 49.5% year-over-year, from $444,725 to $665,000.

Whether you are buying or selling in SILVER SPRINGS, NV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 7,522  ·  Density: 12.3/mi²  ·  Median household income: $51,593

Typical home value: $257,056  ·  Homeownership: 83.9%

Market Overview

Active Listings
6
⇩ 25% vs 8 last year
Pending
2
33% pending ratio
Median Price
$665,000
⇧ 49.5% vs $444,725 last year
Average Price
$616,933
⇧ 38.2% vs $446,255 last year
Days on Market
225
⇧ 448.8% vs 41 days last year

Price Per Square Foot

Median $/sqft
$283
⇩ 1.4% vs $287/sqft last year
Median Home Size
2,068 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 6 this year vs 8 last year
  • Days on market: 225 now vs 41 last year

Median & Average Pricing

Year over Year
  • Median: $665,000 (+49.5% YoY)
  • Average: $616,933 (+38.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 34.8 miles — 719 listings ($508,586,624 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89429Silver Springs, NV 894290.0 mi12$6,595,104$578,225$549,592
89434Sparks, NV 8943417.8 mi49$24,449,530$437,450$498,970
89440Virginia City, NV 8944020.4 mi4$2,255,948$561,069$563,987
89442Wadsworth, NV 8944223.2 mi2$2,349,900$1,174,950$1,174,950
89502Reno, NV 8950226.0 mi66$33,030,360$365,125$500,460
89436Sparks, NV 8943627.7 mi232$161,362,264$635,357$695,527
89408Fernley, NV 8940828.2 mi84$45,031,896$447,225$536,094
89501Reno, NV 8950130.0 mi39$21,330,543$461,250$546,937
89512Reno, NV 8951230.2 mi46$11,385,230$182,300$247,505
89433Sun Valley, NV 8943330.6 mi19$9,483,356$505,975$499,124
89503Reno, NV 8950331.8 mi74$32,699,120$449,188$441,880
89703Carson City, NV 8970333.2 mi45$38,307,285$683,075$851,273
89705Carson City, NV 8970534.8 mi47$120,306,088$669,223$2,559,704

Frequently Asked Questions

How many homes are for sale in SILVER SPRINGS, NV 89429?

As of June 2026, there are 6 active listings in SILVER SPRINGS, NV (zip code 89429), compared to 8 the prior year.

What is the median home price in SILVER SPRINGS, NV 89429?

The median listing price in SILVER SPRINGS, NV 89429 is $665,000 as of June 2026, a 49.5% increase from $444,725 the prior year.

How long do homes stay on the market in SILVER SPRINGS, NV?

Homes in SILVER SPRINGS, NV 89429 spend an average of 225 days on the market before going under contract, compared to 41 days the prior year.

Is it a seller's or buyer's market in SILVER SPRINGS, NV 89429?

Based on current inventory and days-on-market data as of June 2026, SILVER SPRINGS, NV 89429 is currently a Balanced Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 225 days on market compared to 41 days last year.

How much can I save on real estate commission in SILVER SPRINGS, NV?

With SELL123.com's maximum 3% commission, sellers in SILVER SPRINGS, NV 89429 save an estimated $13,300 compared to a typical 5% commission on the median listing price of $665,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.