38583 Real Estate Market

38583 Market

The median sale price for homes in 38583 over the last 12 months is $87,875.


The median mortgage debt is $55,005.

Additional Statistics for Single Family Homes and Condos in Sparta, TN
$169,900
Median Listing Price
117
Median Days on Market
42
Active Listings
Not Available
Distressed Listings
(foreclosures and short sales)
38583 (Sparta, TN) Price Trends - Sold vs. Listed
The median list price in May for single family homes in Sparta is $169,900. The list prices dropped by -4.01% from the previous month.

The price per square foot for listings in this area is $120.

The median sale price in January for single family homes is $40,000. The sale prices dropped by -49.04% from the previous month.

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38583 (Sparta, TN) Market Inventory Trends

The number of active listings in Sparta increased by 13.5% from the previous month.

The median number of days active properties have been listed is 117.

The number of sales in January dropped by 69.6% from the previous month.

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38583 (Sparta, TN) Property Ownership

This chart shows home occupancy within an area.

A high percentage of ownership can indicate an area where people like to live and stable property prices. While a high percentage of rentals could indicate an area with shifting demographics, a younger community, or possibly a downtown area.

High vacancy rates can indicate that the market is unhealthy and that it could be tough to sell a home in this area.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.