Housing in 07871 Sparta, NJ is relatively expensive compared to the national average. The median value of homes in this area is $503,100, nearly 50% higher than the US median of $338,100. Also, the one year appreciation rate for homes in Sparta is 10.13%, which is 1.86% higher than the national average of 8.27%. This indicates a healthy and growing housing market in this area that will likely continue into the future.
The median home cost in Sparta (zip 07871) is $503,100. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Sparta (zip 07871) is up 14.2%.
Average Age of Homes
- The median age of Sparta (zip 07871) real estate is 41 years old
The Rental Market in Sparta (zip 07871)
- Renters make up 8.5% of the Sparta (zip 07871) population
- 0.0% of houses and apartments in Sparta (zip 07871), 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.