Sparta, MN is a great place to invest in housing. The median value of houses in Sparta is $239,700, which is significantly lower than the US House Median Value of $338,100. In the past year, the appreciation rate for houses in Sparta was 13.39%, much higher than the 8.27% US average for housing appreciation. This makes investing in housing in Sparta a smart decision as it has both a lower starting cost and provides more potential for appreciation than the national average.
The median home cost in Sparta is $239,700. Home appreciation the last 10 years has been 60.2%. Home Appreciation in Sparta is up 12.6%.
Average Age of Homes
- The median age of Sparta real estate is 45 years old
The Rental Market in Sparta
- Renters make up 7.0% of the Sparta population
- 0.0% 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.