The typical owner-occupied home in Valley Springs is worth about $286,200, 61% below the California median of $734,700 and 14% below the national median of $332,700. The median household earns $45,786 a year, so the median home costs 6.3 times the median income (7.4 times for California). 76% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Valley Springs at a glance
| Valley Springs | California | U.S. | |
|---|---|---|---|
| Median home value | $286,200 | $734,700 | $332,700 |
| Median property tax paid per year | – | $5,124 | $3,119 |
| Median household income | $45,786 | $99,122 | $80,734 |
| Homes lived in by their owners | 76% | 56% | 65% |
| Owner homes with a mortgage | 29% | 67% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,946 | $1,963 |
| Median rent | – | $2,036 | $1,413 |
| Median year homes were built | 1966 | 1976 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 910 | 39,287,377 | 334,922,499 |
What a typical home costs per month in Valley Springs
At this week's average 30-year rate of 7.11%, buying the median Valley Springs home of $286,200 with 20% down costs about $1,922 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,399, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $82,364 for the 20%-down payment. That payment is 50% of the median Valley Springs household income of $45,786; at that income and 20% down, the 28% guideline points to a home of about $159,000.
| Down payment | $57,240 |
|---|---|
| Loan amount | $228,960 |
| Principal and interest | $1,540 |
| Property taxes (1.10% a year) | $262 |
| Homeowners insurance (our estimate, 0.5% a year) | $119 |
| PMI | $0 |
| Total per month | $1,922 |
Change the numbers in the calculator
| Down payment | $10,017 |
|---|---|
| Loan amount | $281,016 |
| Principal and interest | $1,890 |
| Property taxes (1.10% a year) | $262 |
| Homeowners insurance (our estimate, 0.5% a year) | $119 |
| FHA mortgage insurance | $127 |
| Total per month | $2,399 |
Change the numbers in the calculator
Questions about home buying in Valley Springs
What is the median home value in Valley Springs?
About $286,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Valley Springs?
For the median home with 20% down at 7.11%, the payment is about $1,922 a month. Keeping that under 28% of gross income takes about $82,364 a year.
More about Valley Springs
- Mortgage Refinance in Valley Springs
- Debt Relief in Valley Springs
- Home Equity Loans in Valley Springs
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data