Home prices
The median home in Sun Valley is valued at $169,000. This is roughly $169,300 (50%) lower in comparison to its nearby areas.It is roughly $48,500 (22%) lower compared to the nation as a whole, and it is approximately $166,000 (49%) lower compared to the city of Reno.
Rents
Sun Valley's median rent is $1,016 a month. This is about $401 (28%) lower in comparison to the surrounding areas.It is approximately $46 (4%) lower in comparison to the country as a whole, and is roughly $13 (1%) lower in comparison to the city of Reno.
Nearby places
Sparks
Sparks is Sun Valley's neighbor to the southeast. Housing prices there are significantly more expensive. The median home price in Sparks is $301,500, which works out to $132,500 (43%) higher than Sun Valley. Rent there is a bit more expensive. The median rent in Sparks is $1,138 a month, which works out to $122 (10%) higher than Sun Valley.
Spanish Springs
Spanish Springs is Sun Valley's neighbor to the northeast. Its housing prices are significantly more expensive. The median home in Spanish Springs costs $378,100, which comes out to $209,100 (55%) higher than Sun Valley. Rent there is a lot more expensive. The median rent in Spanish Springs is $1,710 a month, which is $694 (40%) higher than Sun Valley.
Lemmon Valley
Lemmon Valley is roughly 5 miles northwest of Sun Valley. Its real estate prices are somewhat more expensive. The median home in Lemmon Valley costs $246,600, which is $77,600 (31%) higher than Sun Valley. Rent there is a bit more expensive. In Lemmon Valley the median rent is $1,293 a month, which is $277 (21%) higher than Sun Valley.
Cold Springs
Cold Springs is approximately 10 miles northwest from Sun Valley. Its real estate prices are a lot more expensive. The median home value in Cold Springs is $258,500, which works out to $89,500 (34%) higher than Sun Valley. Its rents are somewhat more expensive. In Cold Springs the median monthly rent is $1,453, which is $437 (30%) higher than Sun Valley.
Verdi
Verdi is approximately 11 miles southwest of Sun Valley. Its real estate prices are substantially more expensive. The median home in Verdi costs $506,800, which works out to $337,800 (66%) higher than Sun Valley. Its rents are a bit more expensive. The median rent in Verdi is $1,491 a month, which works out to $475 (31%) higher than Sun Valley.
