Sparta, IL · Market Data

Sparta, Illinois real estate market data.

Real estate market data for Sparta, IL (Randolph County) — Census median home value $120,500, county listing prices up about 10.2% over the past year.

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Sparta, IL is in Randolph County, Illinois — covering the whole local market here: resale homes, condos, land, and new construction. The most recent Census estimate puts the population at 4,070, with a median household income of $63,401. Census data puts Sparta's median home value at $120,500.

At a glance

Sparta market snapshot

Population

4,070

Median Household Income

$63,401

Median Home Value (city)

$120,500

Median Gross Rent

$722/mo

Price Trend (YoY)

+10.2%

Market data compiled from public sources; deemed reliable but not guaranteed; verify independently. Full source list ↗

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Why Sparta

What makes Sparta different

Home Value, By Source

The Census Bureau's American Community Survey (2023 5-year estimate) puts Sparta's median home value — across all owner-occupied homes, not just recent sales — at $120,500.

County Price Trend

Randolph County's FHFA house price index shows a 10.25% annual change in 2025.

Population & Income

Sparta has an estimated population of 4,070 and a median household income of $63,401, per the Census Bureau's American Community Survey (2023 5-year estimate).

Affordability Snapshot

Sparta's Census-reported median home value works out to about 1.9x the area's median household income, and median gross rent runs roughly 14% of that same income on an annualized basis. Housing economists commonly flag a price-to-income ratio above 4x as historically elevated -- useful context, not a personal affordability verdict.

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Common questions

Sparta FAQ

What are home values like in Sparta, IL?

The Census Bureau's American Community Survey puts Sparta's median home value at $120,500.

What is the population of Sparta, IL?

The U.S. Census Bureau's American Community Survey (2023 5-year estimate) puts Sparta's population at approximately 4,070.

What's the median rent in Sparta, IL?

The Census ACS estimates median gross rent in Sparta at approximately $722 per month.

What is the median household income in Sparta, IL?

Census ACS data puts the median household income in Sparta at approximately $63,401.

Is the Sparta housing market growing?

Randolph County's FHFA house price index shows a 10.25% annual change in 2025.

Is Sparta, IL affordable relative to income?

Census ACS data puts Sparta's median home value at about 1.9 times the median household income, with median gross rent equal to roughly 14% of that income annually. This is a general benchmark, not a personal pre-qualification -- your own income, debt, and down payment determine what you can actually afford.

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