Home prices
Silver Springs's median home cost is $141,800. This is roughly $34,060 (19%) lower compared to other places in this area.In comparison to the United States as a whole it is approximately $75,700 (34%) lower, and is about $193,200 (57%) lower compared to the city of Reno.
Rents
In Silver Springs the median rent is $1,020 a month. It is roughly $110 (12%) higher compared to nearby areas.It is about $42 (3%) lower compared to the rest of the nation, and it is is very similar in comparison to the city of Reno.
Nearby places
Fernley
Fernley is Silver Springs's neighbor to the north. Housing prices there are substantially more expensive. The median home in Fernley costs $221,200, which works out to $79,400 (35%) higher than Silver Springs. Rents there are somewhat more expensive. In Fernley the median rent is $1,147 per month, which comes out to $127 (11%) higher than Silver Springs.
Stagecoach
Stagecoach is approximately 7 miles west of Silver Springs. Its real estate prices are somewhat more expensive. The price of the median home in Stagecoach is $160,600, which comes out to $18,800 (11%) higher than Silver Springs. Rents there are fairly similar. In Stagecoach the median rent is $985 per month, which comes out to $35 (3%) lower than Silver Springs.
Wadsworth
Wadsworth is approximately 17 miles north of Silver Springs. Its housing prices are significantly less expensive. The median home in Wadsworth is valued at $81,300, which comes out to $60,500 (74%) lower than Silver Springs. Rents there are a lot less expensive. Wadsworth's median monthly rent is $594, which is $426 (71%) lower than Silver Springs.
Dayton
Dayton is approximately 18 miles southwest from Silver Springs. The real estate prices there are substantially more expensive. The median home in Dayton is valued at $248,000, which works out to $106,200 (42%) higher than Silver Springs. Rents there are somewhat less expensive. In Dayton the median monthly rent is $936, which works out to $84 (8%) lower than Silver Springs.
Fallon
Fallon is about 21 miles east from Silver Springs. The real estate prices there are somewhat more expensive. Fallon's median home price is $168,200, which is $26,400 (15%) higher than Silver Springs. The rent there is somewhat less expensive. In Fallon the median monthly rent is $887, which comes out to $133 (14%) lower than Silver Springs.