Spring Valley, Middlebury, IN
Spring Valley — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Spring Valley, Middlebury, Indiana. Explore the cited sources and local facts below while agent underwriting continues.
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Spring Valley Neighborhood Overview
Spring Valley is a residential neighborhood located in Middlebury, Indiana, within the 46540 ZIP code. It offers residents a quiet, suburban atmosphere characterized by a strong sense of community and well-maintained properties. The area provides a family-friendly environment with convenient access to local amenities.
Lifestyle & Amenities
Residents of Spring Valley enjoy a peaceful suburban lifestyle with easy access to the shops and services in downtown Middlebury. The neighborhood's setting provides a balance of residential tranquility and practical convenience. Outdoor recreation is available at nearby parks and natural areas in the region.
Real Estate Market
The Spring Valley real estate market is active and desirable, with a high homeownership rate of 88%. The median home value is $300,400, with homes selling quickly at an average of just 11 days on the market. The median monthly rent is $1,048, and the price per square foot averages approximately $176.
Schools & Education
Spring Valley is served by the Middlebury Community Schools district, which is known for its commitment to student achievement. Families in the neighborhood have access to well-regarded public schools from elementary through high school. The area's high median household income reflects a community that values and supports education.
Transportation & Connectivity
The neighborhood is conveniently connected by local roads to State Road 13 and U.S. Route 20, providing straightforward commutes to Elkhart, Goshen, and other parts of Michiana. While primarily car-dependent, the central location minimizes travel times for daily needs. Residents benefit from being within a short drive of major regional employment and retail centers.
Why Choose Spring Valley
Spring Valley appeals to homebuyers seeking a stable, owner-occupied community with a high median household income of $99,328. Its fast-moving real estate market indicates strong demand for the area's family-friendly homes and quality of life. The combination of community atmosphere, good schools, and convenient location makes it a compelling choice in the Middlebury area.
Spring Valley Market Data
| Metric | Value |
|---|---|
| Median Home Price | $300K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $99K |
| Homeownership Rate | 87.6% |
| Renter-Occupied | 12.4% |
| Rental Vacancy Rate | 8.9% |
| Market Type | Buyer's |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 46540 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 200,703 |
| VA Loan Originations | 9,853 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $255K |
| Conventional Loan Originations | 166,323 |
| FHA Loan Originations | 24,527 |
Top Real Estate Agents in Spring Valley, Middlebury
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Spring Valley, Middlebury, IN. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Indiana Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12