The housing market in Sparta, IL is quite healthy. The median value of houses in this area is $99,600, which is significantly lower than the US House Median Value of $338,100. However, on a more positive note, the one-year house appreciation rate for Sparta is 10.25%, which is higher than the national average of 8.27%. This suggests that the housing market here has seen strong growth this past year and could continue to do so in the future.
The median home cost in Sparta is $99,600. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Sparta is up 12.4%.
Average Age of Homes
- The median age of Sparta real estate is 54 years old
The Rental Market in Sparta
- Renters make up 26.6% of the Sparta population
- 1.2% 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.