Living in Sparta, OH
Sparta, Ohio is a serene rural community characterized by beautiful landscapes and a welcoming atmosphere. It offers a variety of outdoor activities and amenities, making it a great place for families and retirees. The tight-knit community hosts various local events, fostering a sense of belonging among residents.
Current Market Conditions in Sparta, OH
The real estate market in Sparta, OH is currently stable, with a modest increase in home values over the past year. Demand for properties in this tranquil environment remains steady, particularly among families and retirees looking for affordable housing options in peaceful settings.
Investors can expect a positive return on investment as the area's appeal continues to grow. With limited new housing developments, existing homes are in demand, making it an opportune time to consider investment in Sparta's residential market.
Home Value Estimator For Sparta, OH
There are currently 70 real estate properties
in Sparta, OH,
with a median automated valuation model (AVM) price
of $150,016.00. 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, OH, 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, OH,
is $170,783.00, with the most expensive house
in Sparta, OH, topping out
at $493,209.00 and the cheapest home
in Sparta, OH,
clocking in at $11,536.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Sparta, OH!
Rent Prices
In Sparta, OH
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Sparta, OH, is on
a rollercoaster ride. The
average rent price in Sparta, OH,
is $1,203.00. Indeed, when looking to rent in
Sparta, OH, you can expect to pay as little
as $920.00 or as much
as $2,000.00,
with the average rent median estimated to
be $1,140.00. The good news is that finding
an affordable and desirable property to rent in Sparta, OH
-- 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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