Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Sparr area can be challenging. Home prices in Sparr are now at a median cost of $173,893, lower than the Michigan average of $196,062.
The average cost of rent is $946/mo in Sparr, primarily driven by the current value of real estate in the Sparr area. While nearly 38.21% of residents own their homes outright in Sparr, 12.12% rent.
Housing affordability isn’t just about home prices, though. The average household income in Sparr is $6,195 per month. Households that rent pay about 15.27% of their income on rent here. Sparr's most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
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Cities with Similar Populations
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- New Point, IN: higher priced homes
- Nicholsville, MI: equally priced homes
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