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SPARKS, NV 89431

Real Estate Market Report
Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The SPARKS, NV real estate market (89431) currently shows 69 active listings, with 44 pending sales. Homes are averaging 40 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 40 days on market compared to 49 days last year.

The median listing price has fallen 8.2% year-over-year, from $397,500 to $365,000.

Whether you are buying or selling in SPARKS, NV, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 40,973  ·  Density: 1,714.8/mi²  ·  Median household income: $61,968

Typical home value: $298,059  ·  Homeownership: 46.1%

Market Overview

Active Listings
69
⇩ 15.9% vs 82 last year
Pending
44
64% pending ratio
Median Price
$365,000
⇩ 8.2% vs $397,500 last year
Average Price
$370,721
⇩ 3.8% vs $385,302 last year
Days on Market
40
⇩ 18.4% vs 49 days last year

Price Per Square Foot

Median $/sqft
$281
⇧ 1.1% vs $278/sqft last year
Median Home Size
1,191 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 82 last year
  • Days on market: 40 now vs 49 last year

Median & Average Pricing

Year over Year
  • Median: $365,000 (-8.2% YoY)
  • Average: $370,721 (-3.8% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.0 miles — 821 listings ($831,913,052 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
89431Sparks, NV 894310.0 mi62$21,590,942$331,875$348,241
89502Reno, NV 895023.1 mi66$33,030,360$365,125$500,460
89433Sun Valley, NV 894334.3 mi19$9,483,356$505,975$499,124
89509Reno, NV 895095.1 mi115$137,427,070$712,500$1,195,018
89519Reno, NV 895196.9 mi41$44,855,189$949,985$1,094,029
89441Sparks, NV 8944110.4 mi64$50,617,920$748,500$790,905
89511Reno, NV 8951111.7 mi130$276,982,420$1,956,250$2,130,634
89521Reno, NV 8952112.2 mi186$163,470,936$738,216$878,876
96111Floriston, CA 9611116.6 mi1$719,000$719,000$719,000
89704Washoe Valley, NV 8970419.1 mi13$26,336,375$1,173,250$2,025,875
89428Silver City, NV 8942820.5 mi3$825,000$275,000$275,000
89706Carson City, NV 8970622.2 mi21$10,993,584$464,950$523,504
89403Dayton, NV 8940324.0 mi100$55,580,900$491,075$555,809

Frequently Asked Questions

How many homes are for sale in SPARKS, NV 89431?

As of March 2026, there are 69 active listings in SPARKS, NV (zip code 89431), compared to 82 the prior year.

What is the median home price in SPARKS, NV 89431?

The median listing price in SPARKS, NV 89431 is $365,000 as of March 2026, a 8.2% decrease from $397,500 the prior year.

How long do homes stay on the market in SPARKS, NV?

Homes in SPARKS, NV 89431 spend an average of 40 days on the market before going under contract, compared to 49 days the prior year.

Is it a seller's or buyer's market in SPARKS, NV 89431?

Based on current inventory and days-on-market data as of March 2026, SPARKS, NV 89431 is currently a Seller's Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 40 days on market compared to 49 days last year.

How much can I save on real estate commission in SPARKS, NV?

With SELL123.com's maximum 3% commission, sellers in SPARKS, NV 89431 save an estimated $7,300 compared to a typical 5% commission on the median listing price of $365,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.