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Affordable
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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 $281,300, lower than the Virginia average of $443,089.
The average cost of rent is $893/mo in Sparta, primarily driven by the current value of real estate in the Sparta area. In Sparta, 19.92% of households rent, and 31.05% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Sparta is $6,681 per month. Households that rent pay about 13.37% of their income on rent here. Sparta’s most expensive areas are in the central 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
- Jones Corner, VA: equally priced homes
- Central Point, VA: equally priced homes
- DeJarnett, VA: equally priced homes
- Gether, VA: equally priced homes
- Newtown, VA: less expensive homes
- Tignor, VA: less expensive homes
- Shumansville, VA: equally priced homes
- Bowling Green, VA: higher priced homes
- Milford, VA: equally priced homes
- Occupacia, VA: less expensive homes
Cities with Similar Populations
- North River, ND: higher priced homes
- Raquette Lake, NY: equally priced homes
- Randolph, IN: less expensive homes
- Raiford, OK: less expensive homes
- Quinlan, OK: less expensive homes
- Queenstown, PA: less expensive homes
- Putnam, GA: less expensive homes
- Penny Hill, NC: less expensive homes
- Penderlea, NC: less expensive homes
- Rare Metals, AZ: less expensive homes
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