There are currently 37,673 real estate properties in Sparks, NV, with a median automated valuation model (AVM) price of $450,600.00. 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 $465,821.00, with the most expensive house in Sparks, NV, topping out at $6,996,300.00 and the cheapest home in Sparks, NV, clocking in at $32,100.00. In other words, there’s something for every potential homebuyer or savvy investor 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 $1,823.00. Indeed, when looking to rent in Sparks, NV, you can expect to pay as little as $580.00 or as much as $4,690.00, 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.
Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Sparks, NV area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Sparks, NV and much more. Save thousands at closing with home foreclosure listings in Sparks, NV — up to 75% off market value!
Sparks is located in Washoe, Nevada, with an estimated municipal population of 105,006 residents. All of the best foreclosed homes for sale in Sparks are located in the following zip code areas on Foreclosure.com: 89436 89434 89431 89432 89435 89437. The estimated population per square kilometer (.62 miles) in Sparks is 1,131.
So, about how much do homes cost in Sparks? The most recent median value of resident-owned homes in Sparks is 301,951. An estimated 58.7 percent of households in Sparks own their homes, with an average family size of 3.1. The median household income in Sparks is 64,645, with27.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sparks, the median commute time of resident workers (in minutes) is 23.1. And last, but certainly not least, are you looking for homes to rent in Sparks? If so, the average rent price paid by renters in Sparks is 1,138, according to recent statistics.
Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sparks, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.
The median age of residents in Sparks is 38.3, split between 50.2 percent male versus 49.8 female. The percentage of residents who report being married in Sparks is 51.1, with an average family size of 3.1.
The percentage of residents who report their race in Sparks is as follows:
|Black / African American||2.3%|
|American Indian / Alaskan Native||1.2%|
|Native Hawaiian / Other Pacifc Islander||0.6%|
Looking for family-friendly neighborhoods in and/or near Sparks? Or maybe you are searching for 55+ active adult communities in and/or near Sparks?
The percentage of residents who report their age in Sparks is as follows:
It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sparks with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sparks.
How do you know that living in -- or moving to -- Sparks is right where you need to be? Perhaps you grew up in Sparks or already live nearby; therefore, the decision to buy a home in Sparks is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sparks for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.
Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sparks:
In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sparks.
Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sparks can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sparks, meanwhile, can field multiple offers from more qualified buyers.
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