$3,384 Closing Credit*
$285,000
1,716 SqFt
4 Beds
•2 Full Baths
#1902069, Stephanie Ross, Listing Office: RE/MAX Results
Is Sparta, WI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Sparta has remained a Seller's Market.
Key Takeaway
Sparta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Sparta, WI
How much do homes in Sparta, WI cost?
Median Sold Price
$265,000
$141/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$30,000(+12.8%)
Key Takeaway
Homes in Sparta have sold for 12.8% more than they did a year ago.
Summary: The median home sold price in Sparta was $265,000 in November 2024, up 12.8% from last year, and the median price per square foot was $141.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $90K | $155K | +72.2% |
| 2 Bedrooms | $166K | $211.5K | +27.4% |
| 3 Bedrooms | $202.5K | $230K | +13.6% |
| 4 Bedrooms | $350K | $294.5K | -15.9% |
| 5+ Bedrooms | $381K | $377K | -1.0% |
Summary: Sparta housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 72.2%, 2 bedroom homes increased by 27.4%, 3 bedroom homes increased by 13.6%, 4 bedroom homes decreased by 15.9%, and 5+ bedroom homes decreased by 1%.
Housing Supply in Sparta, WI
How many homes are available in Sparta, WI?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 46 | 46 | 0.0% |
Summary: The Sparta real estate market had 46 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 19 | 22 | +15.8% |
| 4 Bedrooms | 9 | 7 | -22.2% |
| 5+ Bedrooms | 8 | 7 | -12.5% |
Summary: The Sparta housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 22.2%, and 5+ bedroom homes decreased by 12.5%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 8 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Sparta, expect to pay close to the asking price. 50% of homes here sold near the asking price last month.
Summary: A total of 8 homes were sold or pending in Sparta in November 2024, down by 42.9% month-over-month. Of the 8 sold homes, 25% were sold under asking, 50% were sold at asking, and 25% were sold over asking.
Days on Market for Sparta, WI
We’re sorry, we don't have information for this market at the moment
