Home ValuePros

Market Intelligence · NV / Sparks

Sparks, NV 89431 Housing Market

The typical home in Sparks 89431 is valued at $407,574, up 0.9% over the past year. The median list price stands at $415,000, with homes spending a median of 46 days on the market.

Updated August 2026Median value$405K

The median home value in Sparks, NV 89431 is $405K as of August 2026, up 1.6% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 89431 range

$372K to $437K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+1.6% over 12 months

Typical home value in 89431 over the last 12 months: $398K in Aug 2025 to $405K in Aug 2026 (+1.6%).

Aug 2025$398K

Aug 2026$405K

The numbers

What is the 89431 housing market like?

Typical home value

$405K

Up1.6%YoY

Median list price

$415K

Up2.0%MoM

Days on market

46

Up31.4%MoM

Homes for sale

43

Flat0.0%MoM

Price cuts

21.8%

Up37.4%MoM

New listings

28

Down17.6%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 89431 home prices compare?

  • 89431$404,752
  • Sparks$527,358
  • Nevada$415,320
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Sparks: 4 ZIPs; Nevada: 133 ZIPs; United States: 26,265 ZIPs).

Context

There are 43 homes for sale as of August 2026, with 28 new listings having entered the market recently. Nearly one in five listings, at 21.8%, have seen price reductions. The combination of moderate inventory and these adjustments suggests buyers have some room to negotiate, though the slight year-over-year appreciation indicates the market has not cooled dramatically. If you are considering selling, factor in that about half of homes are taking longer to move than they did in stronger conditions.

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