Property prices for sale in Sparta (Tennessee)
The prices in real estate in Sparta, in the Tennessee region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Sparta has increased strongly during the last 6 months. In October, the average price per sq.feet was $363. In the following month the price per sq.feet increased considerably to $628. The price for the following two months in (December, January) had a considerable increment of 158 %. The price per sq.feet has had a considerable increase of 140 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $639.5 to $893.5 during February, and March.
Based upon to the price in Sparta (cities), these have remained the same in the last 6 months. The price in October is $300,637, rising in November till $316,172. In the following two months the average price has remained the same with regard to the previous two months from $308,404.5 to $310,904.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $309,654.5 and $317,680 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $302,765 they are 51 % more affordable than the average price for Sparta. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $317,890.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $489 / sq.feet, with an average $1,377 / sq.feet price in Sparta. The properties with the highest average prices have 1 bedroom. They are 88 % more expensive than the average followed by properties with 3 bedrooms with a price at $2,037 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $302,765 it is 56 % cheaper than the average price in Sparta. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $323,309 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $162 / sq.feet followed by "House" priced at $1,857 / sq.feet. "Land" is the most costly type of property with a $10,107 / sq.feet cost followed by "House" with an average price of $1,857 / sq.feet.
