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Sparks city, NV

ZIP 89431 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 89431

Median Home Value
$332,000
Median Rent
$1,147
Affordability Snapshot
$91,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,133/mo PITI).

21%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

24.1 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 89431 in Sparks city, NV, a household would need roughly $91,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,133. That is about 41% above the local median household income ($64,496), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
46.6%-29% vs US avg
x
Vacancy Rate
8.6%-16% vs US avg
x
Broadband Access
86.5%-1% vs US avg
x
4+ Bedrooms
1.8%-88% vs US avg
x
Built Pre-1939
6.0%-53% vs US avg
x
Built Post-2014
0.7%-90% vs US avg
x
Rent Burden >30%
18.0%-64% vs US avg
x
Mortgage-Free
35.0%-8% vs US avg
x
$332,000
Home Value
$1,147
Rent
1972
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached48.5%
  • 1-unit attached7.3%
  • 2-9 units21.8%
  • 10+ units19.2%
  • Mobile home & other3.2%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$332,000
Median rent$1,147
Owner-occupied46.6%
Vacant8.6%
Price-to-income5.1x
Est. income to buy$91,000