Sparta Housing Market Report January 2025•Kent County, Michigan

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Housing Prices in Sparta, MI

How much do homes in Sparta, MI cost?

Housing Market Conditions

Is Sparta, MI a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Sparta is a Seller's Market

Difference Since January 2024

Since last year, Sparta has remained a Seller's Market.

Insight

Sparta is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$298,400$170/SqFt
-$1,600
-0.5%

Based on all homes sold in the last 12 months

Insight

Homes in Sparta have sold for 0.5% less than they did a year ago.

Summary: The median home sold price in Sparta was $298,400 in January 2025, down 0.5% from last year, and the median price per square foot was $170.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Sparta Township
-0.4%
Sparta
-0.5%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsJan 2024Jan 2025Change YoY
1$120K$160K
+33.3%
2$230K$224.2K
-2.5%
3$300K$292K
-2.7%
4$330K$365.5K
+10.8%
5$342.5K$465K
+35.8%

Summary: Sparta housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +33.3%. The home price for 2 bedroom homes decreased by -2.5%. The home price for 3 bedroom homes decreased by -2.7%. The home price for 4 bedroom homes increased by +10.8%. The home price for 5 bedroom homes increased by +35.8%.

Housing supply in Sparta, MI

How many homes are available in Sparta, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
27Last MonthJan 2025
322 months agoDec 2024
-15.6 %
Change MoMDec – Jan

Summary: The Sparta real estate market had 27 homes for sale in Jan 2025, a 15.6 % decrease compared to Dec 2024.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
5Last MonthJan 2025
102 months agoDec 2024
-50.0 %
Change MoMDec – Jan

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsDec 2024Jan 2025Change MoM
100
0.0%
234
+33.3%
31712
-29.4%
4910
+11.1%
531
-66.7%

Summary: Sparta housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +33.3%. The inventory for 3 bedroom homes decreased by -29.4%. The inventory for 4 bedroom homes increased by +11.1%. The inventory for 5 bedroom homes decreased by -66.7%.

Asking Price vs. Sold Price

How much do homes in Sparta, MI cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price1 Home

At Asking Price1 Home

Under Asking Price3 Homes

Insight

If you're buying a home in Sparta, you may be able to get a good deal. 60% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Sparta in January 2025, down by 50.0% month-over-month. Of the 5 sold homes, 60% were sold under asking, 20% were sold at asking, and and 20% were sold over asking.

Days on Market for Sparta, MI

How long does it take to sell a home in Sparta, MI?

Breakdown of Home Sale Times

Under 30 Days3 Homes

30 – 90 Days2 Homes

Over 90 Days0 Home

Insight

Many homes in Sparta are selling fast, if you're buying plan to act quickly.

Summary: During January 2025, 5 homes were sold in Sparta; 60% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
21 DaysThis YearJan 2025
23 Days1 year agoJan 2024
-7.4 %
Change YoYJan 2024 – Jan 2025

Summary: Homes in Sparta had an average listing age of 21 days in Jan 2025, down by 7.4% compared to the previous year.

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Newest Listings in Sparta, MI

What homes are available in Sparta, MI?

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Nearby markets

Popular Cities with Homes for Sale in Michigan

MLS Disclaimers and Copyright

Based on information from RealComp II Ltd., and Michigan Regional Information Center LLC for the period 02/01/2023 - 02/01/2025

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IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any use of search facilities of data on the site, other than by a consumer looking to purchase real estate, is prohibited.

IDX provided courtesy of Realcomp II Ltd. Copyright © 2025 Realcomp II Ltd. Shareholders. All rights reserved. Originating MLS shown with each listing detail.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 10:20:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/20/2025, 10:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.