Sparks, Nv

Population: 94,708
Average annual home appreciation rate: 27.55%
Total of homes for sale in this market: 326
Median home price: $264,602
Median Rent: $1,111
Home price range: 44.42% of homes are between $149,001 – $298,000
Median sales price: $245,000
Number of homes: 305
Median foreclosure sales price: $210,000
Foreclosure discount: 14.3%
Most common home type: 65.62% of homes are single family detached
Number of vacant homes: 8.66%
Number of renters: 41.53%
Number of owner occupied: 58.47%
Number people living below poverty level: 13.09%
Unemployment rate: 5.90%
Is this area perfect for real estate deals going on right now? Importantly, NeighborhoodScout’s exclusive research found that Sparks’s housing market shows one of the top real estate appreciation rates in the U.S.A. in the latest quarter, which may signal the city’s near-future real estate investment strength. Relative to Nevada, our data show that Sparks’s latest annual appreciation rate is higher than 60% of the other cities and towns in Nevada.

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