Market Insights

Sparta Georgia

How does the housing market look in Sparta? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.

Real Estate Market Report Median Sale Price Illustration
Median Sale Price
$230,000

22.0%

Real Estate Market Report New Listings Illustration
New Listings
12

20.0%

Real Estate Market Report Number Of Homes Sold Illustration
Number of Homes Sold
11

120.0%

Real Estate Market Report Median Days On Market Illustration
Median Days on Market
11

57.1%

Market Overview

Based on home data between May 27, 2022 and June 26, 2022, homes for sale in Sparta, GA sold for a median price of $230,000, down 22% compared to the same period last year. The median price per square foot was $246.67, up 1.4% year-over-year. There were 11 homes sold, up from 5 last year.

lightbulbWhat does this mean?

The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.

Real Estate Market Report Home Valuation Illustration

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Real Estate Market Report Home Valuation Illustration

Get your maximum home value with minimal effort

Use Orchard’s free tool to get your most accurate home valuation today.

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Housing Supply

On June 26, 2022, the total number of homes for sale in Sparta, GA was 35, up 29.6% compared to last year. Based on home data between May 27, 2022 and June 26, 2022, 12 new homes were listed for sale, down 20% year-over-year. The median days on market was 11, up from 7 days last year. The months of supply was 2.55, down from 3.8 months last year.

lightbulbWhat does this mean?

The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.

Real Estate Market Report Home Valuation Illustration

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Real Estate Market Report Home Valuation Illustration

Your dream home is waiting for you.

Tell us your must-haves, and we’ll share all the homes that meet your criteria.

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Housing Demand

Based on home data between May 27, 2022 and June 26, 2022, homes in Sparta, GA had a median sale-to-list-price ratio of 95.94%, down 2.7 pt compared to the same period last year. 18.18% of homes sold above list price, down 1.8 pt year-over-year. 18.18% of homes listed dropped in price, up 18.2 pt from last year.

lightbulbWhat does this mean?

Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.

Real Estate Market Report Median Sale Price Illustration

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Real Estate Market Report Median Sale Price Illustration

Cash offers are 4x more likely to be accepted.

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Homes For Sale In Sparta

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