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Market Intelligence · NV / Sparks

Sparks, NV 89431 Housing Market

The typical home value in Sparks, NV 89431 is $401,239, up 2.2% over the past year as of September 2026. The median list price is $399,000, and homes spend a median of 46 days on market.

Updated September 2026Median value$401K

The median home value in Sparks, NV 89431 is $401K as of September 2026, up 2.2% year over year, according to Zillow ZHVI. For a read on your own home, start with a free consultation: a licensed local pro will walk you through your numbers and your options, with no obligation.

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Typical 89431 range

$369K to $433K

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

+2.2% over 12 months

Typical home value in 89431 over the last 12 months: $393K in Sep 2025 to $401K in Sep 2026 (+2.2%).

Sep 2025$393K

Sep 2026$401K

The numbers

What is the 89431 housing market like?

Typical home value

$401K

Up2.2%YoY

Median list price

$399K

Down3.9%MoM

Days on market

46

Flat0.0%MoM

Homes for sale

37

Down14.0%MoM

Price cuts

10.2%

Down53.2%MoM

New listings

24

Down14.3%MoM

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

The outlook

89431 housing market forecast 2027

+1.7%

Zillow forecast, 12 months to September 2027

Zillow forecasts typical home values in 89431 to rise 1.7% by September 2027.

Over the 12 months through September 2026, typical home values in 89431 rose 2.2%, per the Zillow Home Value Index.

Will home prices drop in 89431?

Zillow's forecast does not call for a drop: it expects typical home values in 89431 to rise 1.7% by September 2027, after a 2.2% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

Forecast: Zillow Home Value Forecast, published October 2026. A forecast, not a guarantee.

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The comparison

How do 89431 home prices compare?

  • 89431$401,239
  • Sparks$526,079
  • Nevada$417,293
  • United States$285,347

Median Zillow home value (ZHVI), as of September 2026. Comparison levels are medians across every ZIP code with Zillow data (Sparks: 4 ZIPs; Nevada: 133 ZIPs; United States: 26,262 ZIPs).

Context

As of September 2026, Sparks 89431 had 37 homes for sale, with 24 new listings entering the market that month. The typical home value is $401,239, up 2.2% over the past year, and the median list price sits at $399,000. Homes are taking a median of 46 days to sell, and 10.2% of listings have had a price cut. Values are still rising, but the pace of sales suggests buyers have some room to negotiate. For a seller, pricing accurately from day one matters more than testing the market high.

Monthly payment

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Common questions

What people ask us.

How much is a home in 89431 worth?

The typical home value in Sparks 89431 is $401,239, up 2.2% over the past year as of September 2026. The median list price is $399,000.

How long does it take to sell a home in 89431?

Homes in Sparks 89431 spend a median of 46 days on market as of September 2026.

Is the 89431 market competitive right now?

As of September 2026, there were 37 homes for sale and 24 new listings, with 10.2% of listings seeing a price cut. That points to a market where sellers still have support but overpricing gets corrected.

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Nearby ZIP markets.

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