The housing market in Sparta, MO is thriving with a median home value of $227,800, which is significantly lower than the US median home value of $338,100. The US housing market has seen an 8.27% appreciation over the last year, however the homes in Sparta have seen much more significant growth at 16.70%. This suggests that homeowners in Sparta are seeing considerable returns on their investment while also enjoying much lower prices than surrounding areas.
The median home cost in Sparta is $227,800. Home appreciation the last 10 years has been 92.0%. Home Appreciation in Sparta is up 20.0%.
Average Age of Homes
- The median age of Sparta real estate is 26 years old
The Rental Market in Sparta
- Renters make up 37.4% of the Sparta population
- 2.1% 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.