Is Sparks, NV 89441 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Sparks is a seller’s market. With about 3.5 months of supply and 21% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score49/ 100

More competitive than 49% of U.S. ZIP codes, and #22 of 100 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply3.5Under 4 months = seller’s market
Sold above original list21.3%Share of sales, last 3 months
Median sale-to-list99.6%Sold price ÷ list price
Median days on market55Listing to accepted offer
Median price per sq ft$317▼ −0.2% vs. last year

The Sparks housing market right now

In the three months ending August 31, 2026, 21% of homes in Sparks, NV 89441 sold above their list price, the typical home went under contract in 55 days and there were 3.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 77 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 16%, homes sold more slowly (52 days then) and the median sale price rose 4% to $737,681. Overall, Sparks is more competitive than a year ago, so tougher for buyers.

Within Washoe County, homes here sell more slowly than in 76% of the county’s ZIP codes, and sell more often over asking than in 62%. On our competition score, Sparks ranks #22 of 100 NV ZIP codes with enough sales (score 49 out of 100).

Nearby, buyers who want less competition could look at Reno 89510 (0% sold over asking) or Incline Village 89450 (0% sold over asking), while Reno 89512 (32% sold over asking) and Reno 89519 (28% sold over asking) are even more competitive.

Nearby markets

Crystal Bay 89402Buyer’s market $2,648 /sq ftIncline Village 89450Seller’s market $753 /sq ftIncline Village 89451Balanced $763 /sq ftReno 89501Balanced $352 /sq ft Browse all markets →

Where Sparks is

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Questions about Sparks real estate

Is Sparks a buyer’s or seller’s market?

A seller’s market: there were 3.5 months of supply in Sparks, NV 89441 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Sparks?

The typical home went under contract in 55 days in the latest three months.

Do homes in Sparks sell over asking?

21% of homes sold above their original list price, and the typical sale closed at 99.6% of the list price.

What are property taxes in Sparks?

About 0.44% of a home’s value a year in Washoe County, or roughly $1,760 on a $400,000 home.

What is the median home price in Sparks?

The median sale price was $737,681 in the three months ending August 31, 2026, about $317 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology