Discover Spring Valley, NV: A REALTOR’s® Guide to Houses for Sale and Market Trends

Spring Valley, Nevada

General Information

Spring Valley is a vibrant and sprawling suburb of Las Vegas, located in the southern part of Nevada. It is known for its peaceful residential areas, diverse communities, and convenient amenities. The area boasts a variety of parks, recreational facilities, and shopping centers, making it an ideal place for families and individuals alike. Spring Valley’s proximity to the Las Vegas Strip, roughly 2 miles to the east, offers residents easy access to world-class entertainment, dining, and nightlife while maintaining a quiet, suburban lifestyle.

Reasons for Relocating

People choose to relocate to Spring Valley for several reasons. The community’s safe and friendly atmosphere, combined with Nevada’s favorable tax climate, makes it an attractive place for both young professionals and retirees. The absence of state income tax in Nevada can significantly enhance the financial well-being of its residents. Moreover, Spring Valley’s strategic location offers the perfect balance between the tranquility of suburban life and the excitement of Las Vegas’s urban offerings.

Real Estate and Economic Overview

The real estate market in Spring Valley is dynamic and offers a wide range of housing options, from affordable single-family homes to luxurious estates. According to recent data, the median home price in Spring Valley is competitive when compared to other parts of the Las Vegas metropolitan area, making it a desirable place for homeowners and investors alike. The area has seen steady growth in property values, attributed to its popularity and the overall growth of the Las Vegas economy. Employment opportunities in Spring Valley and the surrounding areas are plentiful, with sectors such as hospitality, retail, and healthcare leading the job market.

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Areas Near Spring Valley, Nevada

City’s Name

Las Vegas is the closest major city to Spring Valley, providing a vast array of entertainment, dining, and shopping options. Known for its vibrant nightlife, Las Vegas also offers cultural venues like The Smith Center for the Performing Arts.

Zip Codes

Spring Valley encompasses several zip codes, including 89147, 89148, 89117, and 89113. Each of these areas offers a mix of residential, commercial, and recreational spaces.

Nearby Zip Codes

Adjacent to Spring Valley, you’ll find the zip codes 89103, 89118, 89146, and 89102, which are parts of other Las Vegas neighborhoods such as Paradise and Enterprise, offering further shopping, dining, and entertainment options.


Within Spring Valley itself, neighborhoods like Rhodes Ranch and Spanish Trail offer gated communities with golf courses and country clubs. These areas are known for their safety, community activities, and beautiful homes.

Nearby Neighborhoods

Adjacent to Spring Valley are the neighborhoods of Summerlin and Paradise. Summerlin is known for its outdoor shopping areas, golf courses, and the Red Rock Canyon National Conservation Area. Paradise houses the Las Vegas Strip, featuring world-famous casinos, hotels, and attractions.


Spring Valley is home to a variety of subdivisions, including Peccole Ranch and The Lakes, offering diverse housing options from townhomes to luxurious single-family residences, often with community amenities like Parks and walking trails.

Adjacent Places

Right next to Spring Valley, to the east, is the area of Paradise, Nevada, known for the Las Vegas Strip. To the west, you can find the master-planned community of Summerlin, which offers an upscale suburban lifestyle with ample green spaces and high-end shopping plazas.