Home Insurance in Sparks, Nevada
Homes in Sparks carry a median value of $483,800 - 10% lower than the Washoe County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Sparks was built around 1993. About 9% of homes were built before 1960, in line with Washoe County (9%).
Housing in Sparks breaks down to 67% single-family homes, 24% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
In Sparks, about 70% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 60% of occupied homes in Sparks are owner-occupied.
71% of homes in Sparks are primarily heated with natural gas.
Washoe County's top FEMA-rated hazard is earthquake (Relatively High), per FEMA's National Risk Index. Washoe County had 1,929 active NFIP flood policies as of September 2026. See the full Washoe County home insurance overview for all FEMA hazard ratings and flood coverage details. Earthquake damage is excluded from a standard homeowners policy.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in Nevada carries a statewide average premium of $1,013 per year.
Key figures
| Median home value | $483,800 |
|---|---|
| Median year built | 1993 |
| Owner-occupied share | 60% |
| Share of owner-occupied homes with a mortgage | 70% |
| Top county hazard | Earthquake (Relatively High) |
| Active NFIP policies in Washoe County | 1,929 |
| Home insurance premium | $1,013 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)