The story of this market
The typical home in ZIP 89815 sells for about $385,000, or $215 per square foot.
Prices are down 7.65% from a year ago, which gives buyers more room to negotiate. Homes take about 91 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $2,063 a month.
ZIP 89815 — Spring Creek
The housing market in 89815 is currently experiencing a period of price correction following years of rapid growth, with a year-over-year decline of 7.65%. Inventory remains measured, and the market is cooling as days on market increase, reflecting a broader stabilization in the Elko County region.
This ZIP is ideal for families and professionals working in the regional mining industry who prioritize suburban space, mountain views, and a quiet, community-oriented lifestyle.
Median prices moved down 7.7% year over year.
Homes spend a median of 91 days on market with 0.0 months of supply — a slower-moving market.
0% of listings have cut prices · homes sell at 98% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 3.5% · poverty 4.0% — a stable, low-distress profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 7.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 89815, Elko County NV
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime in the Spring Creek area is generally low, with reported incidents significantly below national averages and regional urban centers like Elko.
Schools serving the 89815 area are part of the Elko County School District, which generally maintains stable performance ratings for rural Nevada.
The area faces moderate wildfire risk common to high-desert Nevada environments, requiring standard fire-mitigation landscaping and insurance coverage.
Economic momentum is driven by the regional mining industry, with infrastructure development focused on supporting the residential growth of the Spring Creek master-planned community.
Property taxes are assessed by Elko County based on taxable value; Nevada has no state income tax, which benefits local homeowners.
Residents primarily commute by car to employment hubs in Elko and nearby mining operations, with typical drive times ranging from 20 to 30 minutes.
The area features extensive access to outdoor recreation, including the Spring Creek Association parks, golf course, and proximity to the Ruby Mountains for hiking and fishing.
The rental market is characterized by limited inventory and high demand, often driven by transient mining-sector workers and families seeking suburban space.
The local economy is heavily anchored by the gold mining industry in Elko County, which provides stable, high-wage employment for the region.
Transportation is almost exclusively automobile-dependent, with major access provided by I-80 and local arterial roads connecting to Elko.
Development is primarily focused on residential infill and expansion of existing master-planned community infrastructure.
The Elko County Assessor manages property valuations, with assessments typically reflecting market trends adjusted for state-mandated caps.
Parcels are subject to Elko County School District taxes and local service fees associated with the Spring Creek Association.
Property insurance premiums are influenced by wildfire risk factors common to the high-desert environment of Northern Nevada.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- California Trail Interpretive Center4.918.3 mi
- South Fork State Recreation Area4.56.9 mi
- Ruby 360 Lodge4.911.4 mi
- Ruby Mountain Helicopter Experience511.4 mi
- California Trail Interpretive Center4.918.3 mi
- Northeastern Nevada Museum4.615 mi
- Western Folklife Center4.614.7 mi
- The Commercial Casino414.7 mi
- Duncan LittleCreek Gallery & the Gallery Bar4.714.6 mi
- South Fork State Recreation Area4.56.9 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
A primary recreational anchor for the community.
Provides extensive hiking, fishing, and scenic access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.