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These days, finding an affordable place to live in the Spar City area can be challenging. Home prices in Spar City are now at a median cost of $430,628, lower than the Colorado average of $579,698.
The average cost of rent is $932/mo in Spar City, primarily driven by the current value of real estate in the Spar City area. In Spar City, 30.20% of households rent, and 58.85% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Spar City is $4,716 per month. Households that rent pay about 19.77% of their income on rent here. Spar City’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- South Fork, CO: equally priced homes
- Del Norte, CO: less expensive homes
- Homelake, CO: less expensive homes
- Torres, CO: less expensive homes
- Tacoma, CO: higher priced homes
- Hermosa, CO: higher priced homes
- Platoro, CO: less expensive homes
- Monte Vista, CO: less expensive homes
- Waverly, CO: less expensive homes
- Rico, CO: equally priced homes
Cities with Similar Populations
- Oak Park, PA: less expensive homes
- North Bloomfield, CA: less expensive homes
- North Cameron, NY: less expensive homes
- North Cohocton, NY: less expensive homes
- North Eaton, OH: less expensive homes
- North Ferrisburg, VT: less expensive homes
- North Groesbeck, TX: less expensive homes
- Northland, MI: less expensive homes
- Northway Village, AK: less expensive homes
- Northwood, PA: less expensive homes
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