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Sparks, NV · 89432

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $88K, +2.9% YoY (county); renters hold 40.1% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

199,296

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 218,165

218Kunits

Occupied199,29691.4%

Vacant18,8698.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 199,296

199Koccupied

Owner119,31259.9%

Renter79,98440.1%

Renter Share

40.1%-1.0% YoY

Total Housing Units

218,165+2.2% YoY

FY2026 Fair Market Rent

CountyWashoe County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,289

/month

1 BR

$1,489

/month

2 BR

$1,870

/month

3 BR

$2,539

/month

4 BR

$2,949

/month

FMR trends · Washoe County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.1% to 497,200: residents under 18 are down 0.3% and those 65 and over are up 3.4%.

Median Age

39.02024

Population

Washoe County Population

507,280+1.4% YoY

Households

Total Households

199,296+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.46-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 497,200

497Kresidents

Under 18102,93420.7%

Adults 18–64306,25661.6%

65 & Over88,01017.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

102,934-0.3% YoY

Population 65 & Over

88,010+3.4% YoY

Median Age

39.00+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.0%

Moved (within US)14.5%

Other0.5%

Veterans

7.5%-3.8% YoY

County Economy

County median household income is $88K, 10.7% of residents are below the poverty level, 12.6% work from home.

Income

Median Household Income

$88K+2.9% YoY

Per-Capita Income

$49K+4.3% YoY

Mean Household Income

$121K+3.6% YoY

Poverty

Below Poverty Level

10.7%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone68.7%

Public transit1.9%

Worked from home12.6%

Other16.8%

Worked From Home

12.6%+12.5% YoY

Mean Commute

22.50+0.4% YoY

Done with 89432? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Sparks, NV · 89432

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $88K, +2.9% YoY (county); renters hold 40.1% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

199,296

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 218,165

218Kunits

Occupied199,29691.4%

Vacant18,8698.6%

2024 Tenure ⓘ

U.S. Census ACS · n = 199,296

199Koccupied

Owner119,31259.9%

Renter79,98440.1%

Renter Share

40.1%-1.0% YoY

Total Housing Units

218,165+2.2% YoY

FY2026 Fair Market Rent

CountyWashoe County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,289

/month

1 BR

$1,489

/month

2 BR

$1,870

/month

3 BR

$2,539

/month

4 BR

$2,949

/month

FMR trends · Washoe County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

County population is up 1.1% to 497,200: residents under 18 are down 0.3% and those 65 and over are up 3.4%.

Median Age

39.02024

Population

Washoe County Population

507,280+1.4% YoY

Households

Total Households

199,296+1.8% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.46-0.8% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 497,200

497Kresidents

Under 18102,93420.7%

Adults 18–64306,25661.6%

65 & Over88,01017.7%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

102,934-0.3% YoY

Population 65 & Over

88,010+3.4% YoY

Median Age

39.00+0.3% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house85.0%

Moved (within US)14.5%

Other0.5%

Veterans

7.5%-3.8% YoY

County Economy

County median household income is $88K, 10.7% of residents are below the poverty level, 12.6% work from home.

Income

Median Household Income

$88K+2.9% YoY

Per-Capita Income

$49K+4.3% YoY

Mean Household Income

$121K+3.6% YoY

Poverty

Below Poverty Level

10.7%0.0% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone68.7%

Public transit1.9%

Worked from home12.6%

Other16.8%

Worked From Home

12.6%+12.5% YoY

Mean Commute

22.50+0.4% YoY

Done with 89432? Put it next to another market.