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Silver Springs

Silver Springs

Located in Lyon County

$315,080 Average Value
$258 Average Price per Sq Ft
7 Homes For Sale

Silver Springs offers outdoor recreation and a rural setting

Silver Springs rests along the banks of the Lahontan Reservoir, about 40 miles east of Reno and Carson City. “People come to the area because they want to get out of the big city. You can hear the coyotes and owls at night and the skyline is beautiful,” says Vida Keller, a longtime resident of Silver Springs, as well as the president and broker of Priceless Realty, Inc. “Some folks come for the price point, and then they see all the things they can do.” The reservoir and vast desert surroundings provide opportunities for outdoor recreation, including horseback riding and boating.

A relatively rural setting means that residents currently have to drive more than 15 miles away for weekly shopping trips or most career opportunities. However, industrial development to the north and a proposed Microsoft center within Silver Springs may bring amenities and jobs closer.

Lahontan Reservoir recreation and county parks

The Lahontan Reservoir is a section of the Carson River that was dammed in the early 1900s to store water for farming. Today, the reservoir is part of the Lahontan State Recreation Area, where people come to water ski, fish in the coves and horseback ride along the nearly 70-mile shoreline. Deer hunting is also allowed in some parts of the park. The large state park is not the only source of recreation, however. There are a few county-run parks with sports facilities, including Penny Park, Silver Springs Skate Park and Silver Stage Park. Keller says that some residents also enjoy exploring the desert on all-terrain vehicles and that many kids participate in the local Pop Warner football and cheerleading programs. Hikers can link up with the American Discovery Trail at Fort Churchill State Historic Park, a former military outpost and Pony Express stop.

Manufactured and ranch-style homes on various-sized lots

Though some Silver Springs homes date back to the mid-1900s, the majority were built in the 1990s or later. Manufactured homes generally sell between $150,000 and $500,000, and ranch-style houses may list from $260,000 and $525,000. Prices often reflect the lot sizes, which vary greatly. “Near Four Corners, where Route 50 and 95-A intersect, it’s mostly quarter-acre lots. It spreads out from there and the majority of our area has 5-acre lots — there are also some big 10s and 20s,” Keller says. “Many people have space for horses or a greenhouse.” Homes on quarter-acre lots are usually connected to community water and sewer service, but most owners with large lots maintain their own wells and septic systems. Silver Springs has a CAP Index Crime Score of 2 out of 10, compared to 4 nationally.

Close schools and an on-campus Boys & Girls Club

Silver Springs’ three public schools rest along Spruce Avenue. “The schools are all together, and it creates a tighter community,” Keller says. Silver Stage Elementary School earns a C on Niche. Silver Stage Middle School gets a C-plus, and Silver Stage High School receives a B. The Boys & Girls Club runs a clubhouse on the school grounds — it offers before- and after-school programs for kids in kindergarten through 12th grade.

A few stores and restaurants, driving to Dayton or Carson for more

Silver Springs is home to two small casinos, several gas stations and a few markets and restaurants. Diners can stop by 4 Corners Coffee & More for pastries, specialty coffee drinks and sandwiches. Dollar General and Family Dollar each stock some produce and dairy products in addition to their standard offerings. “When they came to town, it drove some of the smaller markets out of business, so they started carrying more fresh things,” Keller says. “If you’re doing weekly shopping, you go to Smith’s in Dayton or drive into Carson.”

Annual Silver Springs celebrations unite the community

The community hosts several annual events that bring residents together. Silver Springs Founders’ Day celebration is held each October. “We kick it off with a big parade, and there are vendors, games, car shows and square dancing,” Keller says. “Some years, we get a carnival, and it gets extended to three days.”In December, the annual tree lighting takes place at the Silver Springs Senior Center and Community Center. “Santa Claus comes down the road in a parade of lights,” Keller says. "Then we go inside for hot chocolate and a free raffle — adults and children all end up leaving with a gift of some kind.”

Car travel and nearby career options

Silver Springs is a car-dependent community. U.S. routes 95-A and 50 connect drivers to larger cities like Fallon, Fernley and Carson City. Some residents work for nearby technology companies, including Google and Switch, which have data centers along state Route 439. In 2023, Microsoft purchased nearly 300 acres in Silver Springs, and Keller says that they’re poised to start building soon.Emergency care is available at the Banner Churchill Community Hospital, about 30 miles east, in Fallon. The Reno-Tahoe International Airport is around 45 miles northwest.

Area considerations

Sierra Nevada snow melt and seasonal rains provide water to the Lahontan Reservoir and the Carson River that feeds it. The water levels can still fluctuate greatly — in some seasons, the reservoir and river are nearly dry, and in others, flooding may occur. During the silver mining boom of the 1800s, mercury was used to refine silver ore. Traces of mercury remain in the Carson River and Lahontan Reservoir, so fishermen are advised not to consume fish caught in either body of water.

Interested in learning more about homes in this area? Reach out to Shauna McArthur, an experienced agent in this area.

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Silver Springs Housing Trends

Housing Trends

Median List Price
$415,000
Median Sale Price
$372,000
Median Single Family Sale Price
$408,000
Median Change From 1st List Price
3%
Last 12 months Home Sales
18
Median Home Sale Price YoY Change
6%
Average Price Per Sq Ft
$258

Neighborhood Facts

Number of Homes for Sale
7
Months of Supply
4.70

Homes for Sale

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Silver Springs Has More Owners

Demographics

Total Population
6,271
Median Age
49
Population under 18
20.3%
On par with the national average
23.8%
Population over 65
27.1%
Above the national average
19.1%

Finances

Median Household Income
$46,588
Significantly below the national average
$71,702
Average Household Income
$56,270

Education and Workforce

High School Graduates
80.8%
College Graduates
15.5%
Below the national average
34.1%
Advanced Degrees
3.3%
% Population in Labor Force
40.9%
Below the national average
65.1%

Weather

Annual Precipitation
3''
Average Winter Low Temperature
19°F
Average Summer High Temperature
94°F
Annual Snowfall
6''

Area Factors

Somewhat Bikeable

Bike Score®®

25 / 100

Car-Dependent

Walk Score®®

9 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Silver Springs