Sparta, IL Foreclosures
How much do homes sell for in Sparta, IL?
The average home price is currently $130,878.
In Sparta, IL, how many homes are available?
There are currently 14 active home listings available in Sparta.
What’s the average rental cost in Sparta, IL?
The average rental price in Sparta is $942.
What is the most expensive home in Sparta?
The most expensive home sold in Sparta had a price of $2,175,976.
What is currently the cheapest priced home in Sparta, IL?
The cheapest home for sale in Sparta is priced at $11,525.
Living in Sparta, IL
Sparta, Illinois, is a quaint town nestled in Randolph County, known for its community spirit and peaceful environment. With its picturesque landscapes and small-town charm, Sparta offers residents a comfortable lifestyle with access to outdoor pursuits and local amenities. The area combines a rich historical background with modern conveniences, making it a perfect place for families and individuals alike.
Current Market Conditions in Sparta, IL
The real estate market in Sparta, IL, has been progressively warming, with an increasing number of buyers showing interest in the area. The town has witnessed a steady rise in home values as more individuals and families seek affordable housing options away from bustling metropolitan areas.
Various factors contribute to this upward trend, including Sparta's growing local economy, its appeal for remote workers looking for serenity and natural beauty, and its friendly community atmosphere. However, inventory remains relatively low, causing some competition among buyers.
Home Value Estimator For Sparta, IL
There are currently 1,958 real estate properties
in Sparta, IL,
with a median automated valuation model (AVM) price
of $108,342.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Sparta, IL, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Sparta, IL,
is $130,878.00, with the most expensive house
in Sparta, IL, topping out
at $2,175,976.00 and the cheapest home
in Sparta, IL,
clocking in at $11,525.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sparta, IL!
Rent Prices
In Sparta, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sparta, IL, is on
a rollercoaster ride. The
average rent price in Sparta, IL,
is $942.00. Indeed, when looking to rent in
Sparta, IL, you can expect to pay as little
as $580.00 or as much
as $1,960.00,
with the average rent median estimated to
be $870.00. The good news is that finding
an affordable and desirable property to rent in Sparta, IL
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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