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Featured local agent — Sparta, KY
Sarah Mitchell
Compass Real Estate · Sparta, KY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Sparta, KY Housing Market
The typical home in Sparta, KY is worth $229,487, fell 4.0% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $179,000 (through May 2026). With 0.5 months of supply and homes going under contract in about 9 days, Sparta is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $229,487 home is about $1,225/mo in principal and interest.
Key numbers for Sparta, KY
Typical home value
$229,487
-4.0% in 12 months
Zillow, August 2026
Median sale price
$179,000
Last published period
Redfin, through April 2025
Days on market
9
Fast-moving
Redfin, through April 2025
Active listings
1
0.5 months of supply
Redfin, through April 2025
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$43,250
Home costs 5.3x income
U.S. Census ACS, 2023
Sale-to-list ratio
98.4%
Selling below asking
Redfin, through April 2025
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Sparta a buyer's or seller's market?
Sparta, KY is a strong seller's market, based on 0.5 months of supply and homes selling in about 9 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Sparta housing market data show?
Every row below is Redfin's final published month for Sparta, KY. Redfin, through April 2025
| Metric | Value |
|---|---|
| Median sale price | $179,000 |
| Median price per sq ft | $157/sq ft |
| Median days on market | 9 days |
| Active inventory | 1 listings |
| Months of supply | 0.5 months |
| Sale-to-list price ratio | 98.4% |
| Homes sold (that month) | 2 |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Sparta is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Sparta is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Sparta home prices moved?
Across the 13 months we hold for Sparta, KY, the median sale price rose 61.3%, from $111,000 in December 2021 to $179,000. The live Zillow value series has fell 4.0% in the last 12 months, which is the more current read now that Redfin's series has stopped. For prices to fall meaningfully from here, supply would have to keep building past 0.5 months while the sale-to-list ratio slips below its current 98.4%. Watch those two together — they move before the median does.
Redfin, through April 2025 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Sparta?
Priced off the typical home value of $229,487 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $45,897 | $183,589 | $1,225/mo |
| 5% | $11,474 | $218,012 | $1,455/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,225, that implies roughly $52,505 a year before you add taxes and insurance. The median household in Sparta earns $43,250, about $9,255 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 5.3x — well above the 3x that was historically considered affordable, which is why down payment size drives who can buy here.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Sparta in the next 12 months?
Tell us your timeline. We send the Sparta market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Sparta?
Zillow does not publish a rent index (ZORI) for Sparta, KY, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in Sparta?
Active listings in Sparta, KY went from 1 in December 2021 to 1 in April 2025, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| December 2021 | 1 | not published |
| August 2022 | 1 | 1 |
| January 2023 | 1 | 1 |
| June 2023 | 1 | 1 |
| September 2024 | 2 | not published |
| December 2024 | 2 | 1 |
| April 2025 | 1 | not published |
Redfin, through April 2025
How does Sparta compare to Kentucky and the U.S.?
Sparta homes sell for $179,000 — 37% below the Kentucky median of $284,400. Against the national median of $410,700, Sparta runs 56% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Sparta, KY | $179,000 | not published | 9 days |
| Kentucky statewide | $284,400 | +2.3% | 45 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2025 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Sparta
What buyers should watch
- Months of supply, currently 0.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $230 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $229,487 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Sparta listing goes under contract in 9 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 98.4% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- Your equity moved -4.0% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Sparta varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Sparta
There are currently 1 homes listed for sale in Sparta, Kentucky.
Active listings
1
Homes on market
Avg. days on market
9
Days until sale
How much do homes cost in Sparta by property type?
How the Sparta, KY market breaks down across single-family homes, condos and townhouses. Redfin, through April 2025
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $215,000 | $157/sq ft | 1 | 82 days |
Who lives in Sparta?
American Community Survey estimates for Sparta. U.S. Census ACS, 2023
Population
212
Households
82
Median income
$43,250/yr
Median age
36 years
Owner-occupied
74.4%
Median home value
$105,700
Median gross rent
$850/mo
Mean commute
32.6 min
74.4% of occupied homes in Sparta are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $105,700 against Zillow's $229,487 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions.
Which cities are near Sparta, KY?
Ordered by distance from Sparta, not by size. Compare Sparta side by side with any of them.
Sparta housing market FAQ
Is Sparta a buyer's or seller's market?
Sparta, KY is currently a strong seller's market. That read comes from 0.5 months of supply, homes going under contract in about 9 days, and sellers getting 98.4% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Sparta?
The typical home in Sparta, KY is worth $229,487 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $179,000, about $157 per square foot.
Is Sparta cheaper than the rest of Kentucky?
Sparta's median sale price of $179,000 is 37% lower than the Kentucky statewide median of $284,400, and 56% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Sparta?
Homes in Sparta, KY spent a median of 9 days on market before going under contract, versus 45 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in Sparta?
At the current 30-year fixed rate of 7.03%, 20% down on a $229,487 home is about $1,225 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $52,505 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $43,250.
Are home prices rising in Sparta?
The typical home value in Sparta, KY fell 4.0% over the last 12 months, from $239,094 to $229,487 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Sparta?
Sparta ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Sparta?
That depends on your timeline, not on a headline. What the data says today: Sparta, KY is a strong seller's market with 0.5 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $229,487, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.