The Sparks housing market showed shifting conditions in May 2026. The median sale price fell 3.2% year-over-year to $532,657, with 120 homes sold — a 25.5% decline in sales volume. Inventory is moderate at 2.2 months of supply, down 58.5% from last year. Homes are going under contract in a median of 43 days, and 31% of sales closed above asking price. Sellers received 99.9% of their list price on average. Total transaction volume reached $68.1M.
Key Metrics
June 2026 at a Glance
Median Price
$533K
▼ -3.2% YoY
Closed Sales
120
▼ -25.5% YoY
Days to Contract
43
▼ -21.8% YoY
Months Supply
2.2
▼ -58.5% YoY
List Price Recv'd
99.9%
▲ +1% YoY
Trends
12-Month History
Median Price
Closed Sales
Days to Contract
Price per Sq Ft
List-to-Sale Price Ratio
Months Supply
Active Inventory
New Listings
Negotiations
Over/Under Asking
31%
36%
33%
Over Asking: 31% At Asking: 36% Under Asking: 33%
50% of listings had price reductions (median reduction: $20,000). 11.1% expired or were withdrawn.
Price Distribution
Sales by Price Tier
$0-400K
8
6.7% of sales
Median: $358,000
$400-600K
70
58.3% of sales
Median: $509,198
$600-800K
35
29.2% of sales
Median: $668,929
$800K-1M
5
4.2% of sales
Median: $869,000
$1M+
2
1.7% of sales
Median: $1,100,000
Affordability
What It Costs
Est. Monthly Payment
$2,685
-6.5% from last year
Income Needed
$115,071
At 28% debt-to-income
With 20% Down
$106,531
On $532,657 median
Long-Term Trends
10-Year Price History
A home purchased at the Sparks median of $257,000 in 2015 would be worth approximately $548,000 today — a 113.2% increase.
Sparks' median home price is $533K, adjusted 3.2% from last year. 120 homes closed last month with a median of 43 days to contract. Sellers received 99.9% of list price on average. Whether you're buying or selling, I can help you navigate this market.
Hey! Sparks' median is at $533K with 2.2 months of supply — could be a good time to look. Want me to send you some options?
The Sparks housing market showed shifting conditions in May 2026. The median sale price fell 3.2% year-over-year to $532,657, with 120 homes sold — a 25.5% decline in sales volume. Inventory is moderate at 2.2 months of supply, down 58.5% from last year. Homes are going under contract in a median of 43 days, and 31% of sales closed above asking price. Sellers received 99.9% of their list price on average. Total transaction volume reached $68.1M.
