What is the Best Neighborhoods USA ranking for Spring Valley?
Spring Valley is ranked #19 of 107 eligible neighborhoods in Durham; #62 of 535 eligible neighborhoods in NC; and #1,572 of 14,967 eligible neighborhoods in the United States.
Neighborhood Profile
Spring Valley
Durham, NC | Durham County
Scored premium profile
Best Neighborhoods USA Index
68.8
Stability and Strength
87.8
Value Opportunity
84.8
Momentum
16.0
Score note: Rankings show denominators so users always see the size of the eligible cohort.
| Context | Value |
|---|---|
| Location | Durham, NC |
| County | Durham County |
| National rank | #1,572 of 14,967 |
| State rank | #62 of 535 |
| City rank | #19 of 107 |
| County rank | #18 of 106 |
| National percentile | 89.5 |
| National band | TOP_25_PERCENT |
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Housing and local fundamentals
| Housing and market metrics | Value |
|---|---|
| Current Zillow home value | $375,948 |
| Year-over-year home value change | -3.6% |
| Month-over-month home value change | -0.20% |
| Home value to income ratio | 3.22 |
| Median household income | $116,780 |
| Bachelor's degree or higher | 64.3% |
| Civilian unemployment rate | 1.2% |
| Homeownership rate | 97.8% |
| Housing vacancy rate | 0.0% |
| Rent burden 30% or higher | 1.6% |
How to read this profile
- Ranks are always shown with denominators.
- Momentum reflects both year-over-year and month-over-month housing change.
- Stability and Strength and Value Opportunity are governed composite scores.
- Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers
Questions About Living in Spring Valley
Is Spring Valley one of the best neighborhoods in Durham?
Spring Valley has a Best Neighborhoods USA Index of 68.8 and a city ranking of #19 of 107 eligible neighborhoods in Durham.
How much are homes worth in Spring Valley?
The current Zillow Home Value Index for Spring Valley is approximately $375,948.
Are home values rising or falling in Spring Valley?
Zillow neighborhood values changed -3.6% year over year and -0.20% month over month.
What is the Neighborhood Momentum Score for Spring Valley?
Spring Valley has a Neighborhood Momentum Score of 16.0. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.
What is the median household income in Spring Valley?
The NDS-derived neighborhood median household income is approximately $116,780.
How affordable is Spring Valley relative to household income?
The current Zillow home-value-to-household-income ratio is 3.22. Price-to-income affordability is a major Value Opportunity input.
Is Spring Valley primarily homeowners or renters?
The NDS-derived homeownership rate is approximately 97.8%.
What is the unemployment rate in Spring Valley?
The NDS-derived civilian unemployment rate is approximately 1.2%.
How educated are residents of Spring Valley?
Approximately 64.3% of residents age 25 and older are estimated to have a bachelor's degree or higher.
What share of renters in Spring Valley face high rent burden?
Approximately 1.6% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.
How does Best Neighborhoods USA score Spring Valley?
The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.
Governed ranking context
How this neighborhood ranks
HMDA Mortgage Intelligence
Neighborhood Mortgage Market
Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.
Activity year2024
Estimated applications23
Estimated originations13
Home-purchase applications12
Origination rate57.9%
Home-purchase share54.1%
Average application loan$325,718
Total application loan amount$7,431,450
National application rank#10,210 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications 28.2% YoY; originations 21.0% YoY
Mortgage methodology
HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.