Zip 38583 (Sparta, TN) Housing

The housing market in 38583 Sparta, TN is booming with a median value of $220,200 which is significantly lower than the national median of $338,100. This lower price point has allowed for healthy appreciation rates over the last year, with an appreciation rate of 19.24% compared to the 8.27% national appreciation rate. With such strong growth this area looks to be a very attractive housing market for potential buyers and investors alike.

The median home cost in Sparta (zip 38583) is $220,200. Home appreciation the last 10 years has been 111.1%. Home Appreciation in Sparta (zip 38583) is up 25.2%.

Average Age of Homes

- The median age of Sparta (zip 38583) real estate is 34 years old

The Rental Market in Sparta (zip 38583)

- Renters make up 20.7% of the Sparta (zip 38583) population
- 0.3% of houses and apartments in Sparta (zip 38583), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Sparta, Tennessee	United States
	11,065.0	139,647,020.0
	34	42
	$220,200	$338,100
	25.2%	16.6%
	86.2%	57.0%
	111.1%	101.1%
	$4.69	$10.98
	$695	$2,690
	66.7%	57.4%
	14.4%	11.2%
	19.0%	31.4%
Vacant Housing
	0.3%	1.9%
	0.0%	0.4%
	1.9%	0.7%
	0.0%	0.4%
	3.9%	3.6%
	8.3%	4.1%
Value of Owner-Occupied Housing
	5.5%	2.6%
	1.8%	2.4%
	4.3%	2.8%
	12.0%	3.9%
	8.1%	4.5%
	18.9%	11.3%
	17.5%	13.0%
	15.8%	20.1%
	7.9%	13.6%
	1.9%	8.3%
	4.4%	9.7%
	1.3%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.2%	0.2%
	15.0%	13.6%
	15.0%	13.6%
	22.7%	13.6%
	10.1%	13.2%
	15.2%	14.8%
	22.7%	13.6%
	5.2%	10.0%
	5.1%	4.7%
	5.7%	12.2%

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