Zip 62286 (Sparta, IL) Housing

Sparta, IL (62286) is a small town located in western Illinois. The median value of housing in Sparta is $116,700, which is significantly lower than the US median value of $338,100. Despite this discrepancy, residents of Sparta are enjoying a higher appreciation rate for their homes at 10.25%, compared to the national average of 8.27%. This means that homes in Sparta are increasing in value faster than most other areas across the US. All things considered, buying a home in Sparta can be an excellent investment for potential homeowners.

The median home cost in Sparta (zip 62286) is $116,700. Home appreciation the last 10 years has been 42.4%. Home Appreciation in Sparta (zip 62286) is up 12.4%.

Average Age of Homes

- The median age of Sparta (zip 62286) real estate is 49 years old

The Rental Market in Sparta (zip 62286)

- Renters make up 26.6% of the Sparta (zip 62286) population
- 0.9% of houses and apartments in Sparta (zip 62286), 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, Illinois	United States
	2,792.0	139,647,020.0
	49	42
	$116,700	$338,100
	12.4%	16.6%
	34.8%	57.0%
	42.4%	101.1%
	$15.15	$10.98
	$1,797	$2,690
	58.0%	57.4%
	13.6%	11.2%
	28.4%	31.4%
Vacant Housing
	0.9%	1.9%
	0.0%	0.4%
	3.5%	0.7%
	0.0%	0.4%
	2.5%	3.6%
	6.8%	4.1%
Value of Owner-Occupied Housing
	6.6%	2.6%
	8.0%	2.4%
	9.5%	2.8%
	8.7%	3.9%
	8.2%	4.5%
	20.6%	11.3%
	20.8%	13.0%
	11.9%	20.1%
	3.6%	13.6%
	1.0%	8.3%
	0.9%	9.7%
	0.0%	3.9%
	0.4%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	6.4%	13.6%
	6.4%	13.6%
	11.1%	13.6%
	8.2%	13.2%
	17.0%	14.8%
	11.1%	13.6%
	6.9%	10.0%
	11.8%	4.7%
	15.8%	12.2%

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