Home Values

Sparta Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

None

  • None 1-year change
  • None 1-year forecast

Foreclosures will be a factor impacting home values in the next several years. In Sparta 54.3 homes are foreclosed (per 10,000). This is greater than the Rochester Metro value of 3.3 and also greater than the national value of 3.8

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Sparta is 16.7%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Sparta homeowners underwater on their mortgage is 20.0%, which is higher than Rochester Metro at 6.9%.

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Relative ZHVI
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Sparta Market Overview

  • No data
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Sparta Market Health

Data through Jun 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 20.0% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 16.7% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

54(Dec 31, 2008) Sparta
3 Rochester Metro
4 United States
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Nearby Cities

Name Median ZHVI
Town of Geneseo $150,300
Town of Livonia $135,000
Conesus $128,400
Name Median ZHVI
Springwater $82,000
Town of Wayland $74,700
Dansville $73,000
Name Median ZHVI
Town of Nunda $70,500
Mount Morris $68,100
 

Listings & Sales

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Sparta Rentals

Data through Jun 30, 2015
  • Zillow Rent Index

  • $1,416 Rochester Metro
    $1,369 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • No data Breakeven horizon
  • No data Rent list price
  • No data Rent list price / sq ft
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