The fastest-selling ZIP code in Sparks over the trailing 30 days is ZIP 89434, with homes going under contract in just 41 median days on market. Here’s a look at the top four ZIP codes ranked by their median days on market for closed sales.
1. ZIP 89434
ZIP 89434 has a median price of $475,000 and homes typically sell in just 41 days. The median sale matched its list price exactly (sale-to-list ratio of 100), with 76% of them closing at or above asking price.
2. ZIP 89431
In ZIP 89431, homes sell for a median price of $425,000 and have a median days on market (DOM) of 45 days. Like ZIP 89434, all sales in this area matched the list price exactly, with 74% closing at or above asking.
3. ZIP 89436
ZIP 89436 has a higher median price of $585,000 and homes typically take 61 days to sell. The median sale matched its list price exactly, with 59% closing at or above asking.
4. ZIP 89441
In ZIP 89441, homes have a median price of $698,500 and take a median of 69.5 days to sell. Sales in this area nearly matched the list price (sale-to-list ratio of 99.9), with 50% closing at or above asking.
What This Data Does and Doesn't Say
This ranking is computed from MLS closed-sale and active-listing records, focusing on residential properties only over the trailing 30 days. Single-month medians in thin segments can be volatile; consider consulting a licensed professional for broader trends. These figures come from the same dataset behind the Biggest Little Market Report.
Questions People Ask
- Q: Why do some ZIP codes have fewer sales?
A: The number of sales reflects the volume of transactions within that period, which may vary due to market conditions or seasonal fluctuations.
- Q: What does it mean if a sale-to-list ratio is above 100%?
A: A sale-to-list ratio above 100% indicates that homes sold for more than their final list price.
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