Welcome to our 89436 real estate data hub, tailored for investors in Sparks, NV. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 89436 in Sparks, NV. Discover Section 8 housing opportunities and challenges to maximize your investment potential in WASHOE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Sparks, NV real estate investing. Uncover the wealth of information available, and position yourself for success in the Sparks property market.
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Location Overview
- Zip Code: 89436
- City: Sparks
- State: NV
- Metro Area: Reno, NV
- County Name: WASHOE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $529,351
- Average Home Price (Single Family Homes): $530,711
- Average Monthly Rental Price (All Types): $2,100
- Price-to-Rent Ratio: 21
- Zillow Projected % appreciation from 4/2023-4/2024: -0.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,860
- Average 3 Bedroom Section 8 Rental Rates: $2,640
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 23.72
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 16.71
- Number of Units Offered in Section 8 in the County: 1981
- Number of Occupied Units in Section 8 in the County: 1881
- Percentage of Section 8 Units Occupied in the County: 95%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 278.79
- Total % Appreciation since 2000 (Government Data): 184.03
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -1.35%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): -2.91%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 23.77%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 35.99%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 135.15%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 46.29%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 103.84%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): -0.41%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): -1.91%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 20.14%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 31.33%