Home prices
The median home price in Spring Valley Village is $789,000. It is roughly $333,520 (29%) lower compared to its nearby areas.In comparison to the rest of the country it is about $571,500 (262%) higher, and it is about $617,200 (359%) higher in comparison to the city of Houston.
Rents
In Spring Valley Village the median monthly rent is $3,501. Compared to its nearby areas it is roughly $1,492 (74%) higher.Compared to the entire nation it is roughly $2,439 (229%) higher, and is approximately $2,460 (236%) higher compared to the city of Houston.
Nearby places
Hilshire Village
Hilshire Village is Spring Valley Village's neighbor to the east. The housing prices there are a bit more expensive. The median home in Hilshire Village costs $899,700, which is $110,700 (12%) higher than Spring Valley Village. Its rents are similar. Hilshire Village's median rent is $3,501 per month, which is very similar to Spring Valley Village.
Hedwig Village
Hedwig Village is Spring Valley Village's neighbor to the southwest. Its real estate prices are significantly more expensive. The median home in Hedwig Village costs $1,193,400, which is $404,400 (33%) higher than Spring Valley Village. Rents there are substantially less expensive. Hedwig Village's median rent is $1,198 per month, which comes out to $2,303 (192%) lower than Spring Valley Village.
West University Place
West University Place is approximately 6 miles southeast of Spring Valley Village. The real estate prices there are a bit more expensive. The median home cost in West University Place is $1,113,500, which is $324,500 (29%) higher than Spring Valley Village. Rents there are a lot less expensive. The median monthly rent in West University Place is $2,260, which works out to $1,241 (54%) lower than Spring Valley Village.
Bellaire
Bellaire is approximately 6 miles south of Spring Valley Village. Real estate prices there are somewhat more expensive. The price of the median home in Bellaire is $842,700, which is $53,700 (6%) higher than Spring Valley Village. Rent there is substantially less expensive. The median rent in Bellaire is $1,952 a month, which is $1,549 (79%) lower than Spring Valley Village.
Southside Place
Southside Place is roughly 7 miles southeast of Spring Valley Village. Real estate prices there are a lot more expensive. The median home in Southside Place costs $1,563,300, which works out to $774,300 (49%) higher than Spring Valley Village. The rent there is significantly less expensive. Southside Place's median rent is $1,133 a month, which works out to $2,368 (209%) lower than Spring Valley Village.