Zip 49345 (Sparta, MI) Housing

The housing in 49345 Sparta, MI is a great option for potential homeowners. The median value of houses in this area is $280,700, which is lower than the US median value of $338,100. Additionally, the house appreciation rate in this area is 12.54%, which is higher than the US 1 year house appreciation rate of 8.27%. These factors suggest that there are good deals to be had on homes in Sparta and that now may be an excellent time to invest in the local housing market.

The median home cost in Sparta (zip 49345) is $280,700. Home appreciation the last 10 years has been 120.9%. Home Appreciation in Sparta (zip 49345) is up 16.2%.

Average Age of Homes

- The median age of Sparta (zip 49345) real estate is 40 years old

The Rental Market in Sparta (zip 49345)

- Renters make up 19.7% of the Sparta (zip 49345) population
- 1.5% of houses and apartments in Sparta (zip 49345), 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, Michigan	United States
	5,303.0	139,647,020.0
	38	42
	$280,700	$338,100
	16.2%	16.6%
	62.1%	57.0%
	120.9%	101.1%
	$14.02	$10.98
	$2,648	$2,690
	80.0%	57.4%
	7.4%	11.2%
	12.6%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	0.0%	0.4%
	1.3%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	1.6%	2.4%
	1.5%	2.8%
	2.5%	3.9%
	3.8%	4.5%
	16.3%	11.3%
	24.0%	13.0%
	22.0%	20.1%
	16.4%	13.6%
	2.1%	8.3%
	2.4%	9.7%
	2.9%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.2%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	16.3%	13.6%
	16.3%	13.6%
	20.6%	13.6%
	10.3%	13.2%
	9.8%	14.8%
	20.6%	13.6%
	5.5%	10.0%
	7.1%	4.7%
	16.3%	12.2%

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