Sparks, NV Foreclosures
How much do homes sell for in Sparks, NV?
The average home price is currently $636,081.
In Sparks, NV, how many homes are available?
There are currently 60 active home listings available in Sparks.
What’s the average rental cost in Sparks, NV?
The average rental price in Sparks is $1,830.
What is the most expensive home in Sparks?
The most expensive home sold in Sparks had a price of $138,420,512.
What is currently the cheapest priced home in Sparks, NV?
The cheapest home for sale in Sparks is priced at $10,031.
Living in Sparks, NV
Sparks, NV, is an energetic city known for its community-driven atmosphere, outdoor recreational opportunities, and accessible amenities. With beautiful parks, vibrant community events, and diverse dining options, Sparks offers an ideal living environment for families and professionals. Proximity to natural attractions like Lake Tahoe further enhances the area's lifestyle and appeal.
Current Market Conditions in Sparks, NV
The real estate market in Sparks, NV, is currently showing signs of strength, with a steady demand for both single-family homes and townhouses. The city's affordability compared to nearby Reno has attracted many first-time buyers, leading to a competitive market. Homes tend to sell quickly, often above asking price, owing to the appealing lifestyle and amenities this area offers.
In recent months, Sparks has seen an increase in home values driven by a limited inventory and a range of new construction projects. Sellers are taking advantage of favorable conditions, resulting in a brisk sales pace for many types of properties.
Home Value Estimator For Sparks, NV
There are currently 45,120 real estate properties
in Sparks, NV,
with a median automated valuation model (AVM) price
of $520,127.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sparks, NV, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sparks, NV,
is $636,081.00, with the most expensive house
in Sparks, NV, topping out
at $138,420,512.00 and the cheapest home
in Sparks, NV,
clocking in at $10,031.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sparks, NV!
Rent Prices
In Sparks, NV
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sparks, NV, is on
a rollercoaster ride. The
average rent price in Sparks, NV,
is $1,830.00. Indeed, when looking to rent in
Sparks, NV, you can expect to pay as little
as $580.00 or as much
as $6,380.00,
with the average rent median estimated to
be $1,800.00. The good news is that finding
an affordable and desirable property to rent in Sparks, NV
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.