Sparta, MI Real Estate
According to census data in the year 2000 there were 1,695 housing units in Sparta.
This represents a 6.9% growth from 1,585 in 1990.
Of those housing units, 1,664 were located in either urbanized areas or urban clusters, and 31 were located in what is classified as a rural area.
Homeownership rate in Sparta is about 65.3%.
Sparta's vacancy rate, including seasonal lodging, is about 5%.
Average household size is 2.54 people.
The majority of houses, apartments or condos in Sparta were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2% |
| One Bedroom | 18.90% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 40.80% |
| Four Bedrooms | 6.30% |
| Five Bedrooms or more | 0.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1954 |
| Median Value of occupied units | $88,400 |
| Median Price asked for vacant units | $76,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.12 |
| Median year structure was built | 1966 |
| Median Monthly Rent asked for vacant units | $432 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 5.90% |
| Home Equity Loan | 12.60% |
| Simple Mortgage | 53.60% |
| Debt Free | 27.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.1% |
