Housing in Sparta, MI is a strong investment as the median value of a home there is $282,200, significantly less than the US House Median Value of $338,100. Not only that, but the 1 year House Appreciation in Sparta, MI is 12.54%, much higher than the US average of 8.27%. These factors make Sparta an attractive place to purchase a new home.
The median home cost in Sparta is $282,200. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Sparta is up 16.2%.
Average Age of Homes
- The median age of Sparta real estate is 50 years old
The Rental Market in Sparta
- Renters make up 35.2% of the Sparta population
- 4.4% of houses and apartments in Sparta, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.