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 November, the average price per sq.feet was $628. In the following month the price per sq.feet increased considerably to $798. The price for the following two months in (January, February) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has had a considerable increase of 152 % 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 $651.25 to $987 during March, and April.
Based upon to the price in Sparta (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $316,172. In December This price remains at $311,699. In the following two months the average price has remained the same with regard to the previous two months from $313,935.5 to $321,352.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $317,644 to $299,706.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $296,648 they are 46 % more affordable than the average price for Sparta. The properties with the highest average price have 4 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 3 bedrooms priced at $319,769.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $211 / sq.feet, with an average $597 / sq.feet price in Sparta. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $339 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $296,648 it is 59 % cheaper than the average price in Sparta. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $313,761 it is 307 % 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 $320 / sq.feet followed by "House" priced at $763 / sq.feet. "Land" is the most costly type of property with a $13,030 / sq.feet cost followed by "House" with an average price of $763 / sq.feet.
