The typical owner-occupied home in Sparta is worth about $56,400, 81% below the Georgia median of $303,300 and 83% below the national median of $332,700. 52% of occupied homes here are lived in by their owners, and 53% of those owners still have a mortgage.
Sparta at a glance
| Sparta | Georgia | U.S. | |
|---|---|---|---|
| Median home value | $56,400 | $303,300 | $332,700 |
| Median property tax paid per year | – | $2,341 | $3,119 |
| Median household income | – | $77,353 | $80,734 |
| Homes lived in by their owners | 52% | 66% | 65% |
| Owner homes with a mortgage | 53% | 63% | 61% |
| Median monthly costs, owners with a mortgage | $1,130 | $1,783 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 20.0% | 21.0% |
| Median rent | $906 | $1,393 | $1,413 |
| Rent as a share of renters' income | 51.0% | 31.3% | 30.6% |
| Median year homes were built | 1990 | 1992 | 1980 |
| Vacant homes | 27.3% | 10.3% | 10.1% |
| Population | 1,830 | 10,940,407 | 334,922,499 |
What a typical home costs per month in Sparta
At this week's average 30-year rate of 7.11%, buying the median Sparta home of $56,400 with 20% down costs about $379 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $473, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $16,231 for the 20%-down payment.
The median rent here is $906 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $11,280 |
|---|---|
| Loan amount | $45,120 |
| Principal and interest | $304 |
| Property taxes (1.10% a year) | $52 |
| Homeowners insurance (our estimate, 0.5% a year) | $24 |
| PMI | $0 |
| Total per month | $379 |
Change the numbers in the calculator
| Down payment | $1,974 |
|---|---|
| Loan amount | $55,378 |
| Principal and interest | $373 |
| Property taxes (1.10% a year) | $52 |
| Homeowners insurance (our estimate, 0.5% a year) | $24 |
| FHA mortgage insurance | $25 |
| Total per month | $473 |
Change the numbers in the calculator
Questions about home buying in Sparta
What is the median home value in Sparta?
About $56,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Sparta?
For the median home with 20% down at 7.11%, the payment is about $379 a month. Keeping that under 28% of gross income takes about $16,231 a year.
More about Sparta
- Mortgage Refinance in Sparta
- Debt Relief in Sparta
- Home Equity Loans in Sparta
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data