Home prices
The value of the median home in Spring Valley is $295,500. This is about $365,800 (55%) lower in comparison to nearby areas.Compared to the nation as a whole it is about $78,000 (35%) higher, and is roughly $310,500 (51%) lower in comparison to the city of New York.
Rents
The median monthly rent in Spring Valley is $1,343. Compared to nearby areas this is roughly $85 (5%) lower.It is roughly $281 (26%) higher compared to the entire nation, and is roughly $100 (6%) lower compared to the city of New York.
Nearby places
Monsey
Monsey is Spring Valley's neighbor to the west. The real estate prices there are significantly more expensive. The median home in Monsey is valued at $676,400, which comes out to $380,900 (56%) higher than Spring Valley. Rent there is a bit more expensive. Monsey's median rent is $1,506 a month, which comes out to $163 (10%) higher than Spring Valley.
Hillcrest
Hillcrest is Spring Valley's neighbor to the northeast. Its housing prices are a bit more expensive. The value of the median home in Hillcrest is $376,200, which works out to $80,700 (21%) higher than Spring Valley. Rent there is somewhat more expensive. In Hillcrest the median rent is $1,573 a month, which is $230 (14%) higher than Spring Valley.
Kaser
Kaser is about 1.0 miles northwest of Spring Valley. Its housing prices are significantly more expensive. Kaser's median home price is $1,080,900, which comes out to $785,400 (72%) higher than Spring Valley. Its rents are a lot less expensive. In Kaser the median monthly rent is $965, which is $378 (39%) lower than Spring Valley.
Viola
Viola is approximately 1 mile northwest from Spring Valley. Its real estate prices are substantially more expensive. The cost of the median home in Viola is $679,700, which comes out to $384,200 (56%) higher than Spring Valley. Its rents are somewhat more expensive. In Viola the median monthly rent is $1,747, which is $404 (23%) higher than Spring Valley.
New Square
New Square is about 1 mile northeast from Spring Valley. Housing prices there are a lot more expensive. New Square's median home price is $493,300, which is $197,800 (40%) higher than Spring Valley. The rent there is similar. In New Square the median monthly rent is $1,350, which is very similar to Spring Valley.