Sparta, TN 38583 Real Estate & Property Data

Sparta, TN 38583 Real Estate Market Trends
Last Updated: April 25, 2024

A total of 487 residential properties have been sold over the past 12 months in 38583. With a median sales price of $255,000 in 38583 and a total of 3 foreclosures in Sparta, TN 38583. Discover market trends and get the granular level real estate data for Sparta, TN 38583 to keep your pulse on the housing market. Curate compelling home reports for Sparta, TN 38583 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Sparta, TN 38583 Real Estate Market Trends
Total Residential Properties 10,905
Total Commercial Properties 549
Avg. Home Age (Single Family Home) 43 Years
Avg. Square Feet (Single Family Home) 1,596
Total 2024 Residential Sales (year-to-date) 64
% of Homes Seriously Underwater (Q2 2024) 2.69%
Total 2023 Residential Sales 447
% of Equity Rich Homes (Q2 2024) 25.15%
Effective 2023 Property Tax 0.33%
Total Foreclosure Filings (year-to-date) 3
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Sparta, TN 38583 Real Estate Overview

There were 487 residential properties sold in the past year in Sparta, TN 38583. The median home value in Sparta, TN 38583 is $197,237. There are a total of 10,905 residential properties in the 38583.

Median Sales Price i
$255,000
(Feb 2024)
-10.1%
year-over-year
y-o-y
  • February '24 Feb '24 $255,000
  • January '24 Jan '24 $215,000
  • December '23 Dec '23 $240,000
  • November '23 Nov '23 $200,000
  • October '23 Oct '23 $262,500
  • September '23 Sep '23 $264,500
  • August '23 Aug '23 $250,000
  • July '23 Jul '23 $274,050
  • June '23 Jun '23 $243,000
  • May '23 May '23 $235,751
  • April '23 Apr '23 $245,931
  • March '23 Mar '23 $235,000
Median Down Payment i
$23,632
(Feb 2024)
+6.8%
year-over-year
y-o-y
  • February '24 Feb '24 $23,632
  • January '24 Jan '24 $32,000
  • December '23 Dec '23 $55,000
  • November '23 Nov '23 $36,235
  • October '23 Oct '23 $38,400
  • September '23 Sep '23 $10,000
  • August '23 Aug '23 $48,750
  • July '23 Jul '23 $42,310
  • June '23 Jun '23 $35,809
  • May '23 May '23 $40,900
  • April '23 Apr '23 $19,125
  • March '23 Mar '23 $24,000
Number of Homes Sold i
28
(Feb 2024)
-26.3%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 36
  • December '23 Dec '23 32
  • November '23 Nov '23 36
  • October '23 Oct '23 43
  • September '23 Sep '23 35
  • August '23 Aug '23 41
  • July '23 Jul '23 41
  • June '23 Jun '23 36
  • May '23 May '23 43
  • April '23 Apr '23 36
  • March '23 Mar '23 42
Number of Purchase Loans i
16
(Feb 2024)
-38.5%
year-over-year
y-o-y
  • February '24 Feb '24 16
  • January '24 Jan '24 22
  • December '23 Dec '23 24
  • November '23 Nov '23 21
  • October '23 Oct '23 15
  • September '23 Sep '23 19
  • August '23 Aug '23 29
  • July '23 Jul '23 23
  • June '23 Jun '23 21
  • May '23 May '23 33
  • April '23 Apr '23 17
  • March '23 Mar '23 28
Number of REFI Loans i
17
(Feb 2024)
+21.4%
year-over-year
y-o-y
  • February '24 Feb '24 17
  • January '24 Jan '24 13
  • December '23 Dec '23 22
  • November '23 Nov '23 18
  • October '23 Oct '23 26
  • September '23 Sep '23 21
  • August '23 Aug '23 24
  • July '23 Jul '23 29
  • June '23 Jun '23 28
  • May '23 May '23 17
  • April '23 Apr '23 18
  • March '23 Mar '23 26
Number of HELOC Loans i
5
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 1
  • December '23 Dec '23 3
  • November '23 Nov '23 3
  • October '23 Oct '23 5
  • September '23 Sep '23 2
  • August '23 Aug '23 6
  • July '23 Jul '23 8
  • June '23 Jun '23 5
  • May '23 May '23 1
  • April '23 Apr '23 7
  • March '23 Mar '23 9

Sparta, TN 38583 Foreclosure Activity

There were a total of 3 Sparta, TN 38583 properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 3 Sparta, TN 38583 properties and repossessed 1 Sparta, TN 38583 properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Foreclosure Starts i
3
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 1
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 2
  • April '23 Apr '23 1
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 2
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 1
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