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Foreclosure Homes in Sparta, KY

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Sparta, KY Foreclosures

How much do homes sell for in Sparta, KY?
The average home price is currently $175,312.
In Sparta, KY, how many homes are available?
There are currently 861 active home listings available in Sparta.
What’s the average rental cost in Sparta, KY?
The average rental price in Sparta is $1,012.
What is the most expensive home in Sparta, Kentucky?
The most expensive home sold in Sparta had a price of $1,734,100.
What is currently the cheapest priced home in Sparta, KY?
The cheapest home for sale in Sparta is priced at $3,370.

Home Value Estimator For Sparta, KY

There are currently 861 real estate properties in Sparta, KY, with a median automated valuation model (AVM) price of $140,532.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Sparta, KY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Sparta, KY, is $175,312.00, with the most expensive house in Sparta, KY, topping out at $1,734,100.00 and the cheapest home in Sparta, KY, clocking in at $3,370.00. In other words, there’s something for every potential homebuyer or savvy investor in Sparta, KY!


Rent Prices In Sparta, KY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Sparta, KY, is on a rollercoaster ride. The average rent price in Sparta, KY, is $1,012.00. Indeed, when looking to rent in Sparta, KY, you can expect to pay as little as $450.00 or as much as $2,370.00, with the average rent median estimated to be $940.00. The good news is that finding an affordable and desirable property to rent in Sparta, KY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Top Reasons To Live In Sparta, KY In 2024

Sparta is located in Gallatin, Kentucky, with an estimated municipal population of 277 residents. All of the best foreclosed homes for sale in Sparta are located in the following zip code areas on Foreclosure.com: 41086. The estimated population per square kilometer (.62 miles) in Sparta is 17.


Cost Of Living In Sparta, KY

So, about how much do homes cost in Sparta? The most recent median value of resident-owned homes in Sparta is 85,613. An estimated 62.4 percent of households in Sparta own their homes, with an average family size of 3.28. The median household income in Sparta is 50,893, with9.7 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Sparta, the median commute time of resident workers (in minutes) is 19.4. And last, but certainly not least, are you looking for homes to rent in Sparta? If so, the average rent price paid by renters in Sparta is 844, according to recent statistics.


Diversity And Demographics In Sparta, Kentucky

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Sparta, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Sparta is 35.3, split between 52.5 percent male versus 47.5 female. The percentage of residents who report being married in Sparta is 60.7, with an average family size of 3.28.

The percentage of residents who report their race in Sparta is as follows:

White 88.8%
Black / African American 2.4%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 6.8%
Other 2%

Looking for family-friendly neighborhoods in and/or near Sparta? Or maybe you are searching for 55+ active adult communities in and/or near Sparta?

The percentage of residents who report their age in Sparta is as follows:

Under 10 15.3%
Aged 10-19 15.2%
20s 11.9%
30s 13.3%
40s 11.5%
50s 10.9%
60s 6.5%
70s 9.9%
80+ 5.7%

Best Schools In Sparta, Kentucky

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Sparta with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Sparta.


Pros And Cons Of Living In Sparta, Kentucky

How do you know that living in -- or moving to -- Sparta is right where you need to be? Perhaps you grew up in Sparta or already live nearby; therefore, the decision to buy a home in Sparta is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Sparta for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Sparta:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Sparta.


Reasons To Move To Sparta, Kentucky, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Sparta can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Sparta, meanwhile, can field multiple offers from more qualified buyers.

Sparta, KY Foreclosures


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