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These days, finding an affordable place to live in the Sparta area can be challenging. Home prices in Sparta are now at a median cost of $253,456, higher than the Missouri average of $246,641.
The average cost of rent is $882/mo in Sparta, primarily driven by the current value of real estate in the Sparta area. In Sparta, 19.85% of households rent, and 39.21% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sparta is $6,599 per month. Households that rent pay about 13.36% of their income on rent here. Sparta’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
- Ongo, MO: equally priced homes
- Oldfield, MO: equally priced homes
- McCracken, MO: higher priced homes
- Linden, MO: higher priced homes
- Bruner, MO: equally priced homes
- Chadwick, MO: equally priced homes
- Ozark, MO: higher priced homes
- Rogersville, MO: higher priced homes
- Selmore, MO: higher priced homes
- Henderson, MO: higher priced homes
Cities with Similar Populations
- Bellows Falls, VT: less expensive homes
- Fordland, MO: less expensive homes
- Brent, AL: less expensive homes
- Squaw Valley, CA: higher priced homes
- East Flat Rock, NC: less expensive homes
- Ely, IA: higher priced homes
- Eustace, TX: less expensive homes
- Fairmount, IN: less expensive homes
- Kingman, KS: less expensive homes
- Santa Rosa, TX: less expensive homes
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