The housing market in Sparta, OH is thriving. The median value of a house in the area is currently $149,000 which is much lower than the US median value of $338,100. On top of that, the 1 year appreciation rate of houses in Sparta has been 16.98%, compared to 8.27% for the entire US market. This indicates that there are great opportunities for people looking to invest in property or even purchase a home in the area as it is still relatively affordable and can result in a good return on investment.
The median home cost in Sparta is $149,000. Home appreciation the last 10 years has been 89.4%. Home Appreciation in Sparta is up 16.5%.
Average Age of Homes
- The median age of Sparta real estate is 78 years old
The Rental Market in Sparta
- Renters make up 28.4% 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.