Market Intelligence Report — WI-890

Sparta, WI

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-WI-09
As of the latest 2026 data
Cooling

Median Listing

$280K
-4.3% YoY

Pending Ratio

0.39
-3.5% YoY

Active Inventory

103
-14.6% YoY

Median DOM

43 Days
-13.3% YoY

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The Sparta market is experiencing a cooling trend, with the pending ratio registering at 0.39 in the most recent period. Median listing price declined 4.3% year-over-year, alongside a 14.6% reduction in active listings.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Local economic indicators are not yet available for this metro. Check back soon.
Market Analysis

What's moving the Sparta market right now.

Inventory levels continue to contract, with active listings down 14.6% year-over-year. While new listings decreased by 7.4% over the past year, the pending ratio saw a modest decline of 3.5% year-over-year, indicating a sustained deceleration in demand absorption. Median days on market also compressed by 13.3% year-over-year, suggesting some remaining pace despite the broader cooling.

Historical Analysis

Market Trends

Median Price

$280K+7.5% MoM

Active Inventory

103-14.6% YoY

Days on Market

43-13.3% YoY

Sold Score™

71-3.5% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

71
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Negotiating dynamics favor disciplined pricing and rapid action by those seeking to transact. Although days on market have compressed, the low pending ratio suggests that inventory pressure is easing, allowing buyers more selection and leverage to secure favorable terms, while sellers must maintain realistic price expectations.

Luxury Segment

Average listing price saw a significant 18.7% year-over-year decline, outpacing the 4.3% drop in median listing price. Additionally, the median price per square foot decreased by 5.2% over the past year, indicating softening within higher-priced segments.

Supply Dynamics

103 active listings represent the current floor, with new supply arriving at roughly 50 per month.

Pricing Pressure
20.7%

of active listings carry a price reduction, -1.2% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -5.2% year-over-year.

Absorption
0.39

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Sparta, WI? Homes here are taking 7 days less to sell than last year.

Buyers have leverage in Sparta, WI. Homes that sell are the ones priced and presented for today's conditions, not last year's.

Buyer Demand Index
39%
Median Days on Market
43 days
Inventory YoY
−15%

In a buyer's market, strategy beats timing. See how your home scores in Sparta, WI and what moves the number.

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Metro Demographics

Metro Area
Sparta, WI
CBSA Code
43890
State
WI

ZIPs in Sparta, WI

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Sparta?+

    As of the latest 2026 data, the Sparta metro is classified as Cooling. Pending ratio is 0.39 with median days on market at 43.

  • Are home prices dropping in Sparta?+

    Median listing price is $280K, -4.3% year over year. 20.7% of active listings carry a price reduction.

  • How fast are homes selling in Sparta?+

    The typical listing sits 43 days on market, a -13.3% change YoY. New listings are arriving at 50 per month.

  • What's happening in the Sparta luxury market?+

    Average listing price saw a significant 18.7% year-over-year decline, outpacing the 4.3% drop in median listing price. Additionally, the median price per square foot decreased by 5.2% over the past year, indicating softening within higher-priced segments.

  • Where can I find a trusted Sparta real estate expert?+

    Primpted maintains a vetted registry of Sparta agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 43890 · 36mo history