89436, Sparks, NV

The 89436 zip code of Sparks, Nevada is a suburban area located in the Las Vegas metropolitan area. The median home value in this zip code is $269,000, which is significantly higher than the statewide median home value of $183,500. Home equity in this zip code has also increased significantly over the past several years. In 2006, the median home equity was only $128,000. By 2016, it had increased to $248,000. This increase can be attributed to a number of factors including an improving economy and low interest rates.

Despite these positive trends, there are some potential risks associated with buying or owning a home in this zip code. One such risk is that the market may become saturated and prices may decline over time. Additionally, if you are not able to qualify for a mortgage due to your credit score or other factors, you may find it difficult to purchase or sell your home. Finally, although interest rates have remained relatively low for many years now, they could rise at any time and impact homeownership opportunities in this area.