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There are currently 106 real estate properties in Smith Valley, NV, with a median automated valuation model (AVM) price of $606,981.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Smith Valley, NV, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Smith Valley, NV, is $685,681.00, with the most expensive house in Smith Valley, NV, topping out at $2,837,500.00 and the cheapest home in Smith Valley, NV, clocking in at $112,021.00. In other words, there’s something for every potential homebuyer or savvy investor in Smith Valley, NV!
With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Smith Valley, NV, is on a rollercoaster ride. The average rent price in Smith Valley, NV, is $1,716.00. Indeed, when looking to rent in Smith Valley, NV, you can expect to pay as little as $840.00 or as much as $3,210.00, with the average rent median estimated to be $1,690.00. The good news is that finding an affordable and desirable property to rent in Smith Valley, NV -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.
Smith Valley is located in Lyon, Nevada, with an estimated municipal population of 1,627 residents. All of the best foreclosed homes for sale in Smith Valley are located in the following zip code areas on Foreclosure.com: 89444 89430. The estimated population per square kilometer (.62 miles) in Smith Valley is 5.
So, about how much do homes cost in Smith Valley? The most recent median value of resident-owned homes in Smith Valley is 343,287. An estimated 91.2 percent of households in Smith Valley own their homes, with an average family size of 2.86. The median household income in Smith Valley is 80,833, with36.9 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Smith Valley, the median commute time of resident workers (in minutes) is 38.4.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Smith Valley, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Smith Valley is 59.9, split between 51.6 percent male versus 48.4 female. The percentage of residents who report being married in Smith Valley is 69, with an average family size of 2.86.
The percentage of residents who report their race in Smith Valley is as follows:
White | 96.4% |
Black / African American | 0% |
Asian | 0% |
American Indian / Alaskan Native | 0% |
Native Hawaiian / Other Pacifc Islander | 0% |
Multi-racial | 3.6% |
Other | 0% |
Looking for family-friendly neighborhoods in and/or near Smith Valley? Or maybe you are searching for 55+ active adult communities in and/or near Smith Valley?
The percentage of residents who report their age in Smith Valley is as follows:
Under 10 | 5.7% |
Aged 10-19 | 15.7% |
20s | 5.2% |
30s | 4.2% |
40s | 10.8% |
50s | 8.5% |
60s | 28.2% |
70s | 13.7% |
80+ | 8% |
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Smith Valley with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Smith Valley.
How do you know that living in -- or moving to -- Smith Valley is right where you need to be? Perhaps you grew up in Smith Valley or already live nearby; therefore, the decision to buy a home in Smith Valley is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Smith Valley for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Smith Valley:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Smith Valley.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Smith Valley can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Smith Valley, meanwhile, can field multiple offers from more qualified buyers.
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