Sparta, TN Real Estate
According to census data in the year 2000 there were 2,190 housing units in Sparta.
This represents a 7.7% growth from 2,034 in 1990.
Of those housing units, 1,875 were located in either urbanized areas or urban clusters, and 315 were located in what is classified as a rural area.
Homeownership rate in Sparta is about 62.5%.
Sparta's vacancy rate, including seasonal lodging, is about 10.7%.
Average household size is 2.26 people.
The majority of houses, apartments or condos in Sparta were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9.30% |
| Two Bedrooms | 35.30% |
| Three Bedrooms | 42.80% |
| Four Bedrooms | 10.80% |
| Five Bedrooms or more | 1.10% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.4 |
| Median year structure was built | 1963 |
| Median Value of occupied units | $76,600 |
| Median Price asked for vacant units | $51,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1970 |
| Median Monthly Rent asked for vacant units | $345 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 4% |
| Home Equity Loan | 2.80% |
| Simple Mortgage | 42.40% |
| Debt Free | 50.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 15.5% |
