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Sparta, TN 38583 Housing Market

Data snapshot: September 14, 2026. Closed-sale window: last 6 months.
Sparta, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.14
ActiveActive listings: 5656PendingPending sales: 88
Sparta, TN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $308k$308kSoldMedian sold price (last 6 months): $285k$285k
What homes actually sell for in Sparta, TN
Distribution of 307 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $220k to $365k
$60k to $131k: 21 sales$60k$131k to $202k: 29 sales$202k to $274k: 74 sales74sales$202k$274k to $345k: 66 sales$345k to $416k: 50 sales$345k$416k to $487k: 22 sales$487k to $559k: 5 sales$487k$559k to $630k: 9 salesMedian $285k

What the numbers say

As of September 14, 2026, Resideline is tracking 56 active listings and 8 pending sales in ZIP code 38583. That pending-to-active ratio of 0.14 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $307,500, while the median of the 307 closed sales Resideline tracked over the last six months was $284,900. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 38583 for 67 days.

Frequently asked questions

What is the median home price in 38583?

The median closed sale price in Sparta, TN 38583 was $284,900 over the last six months, based on 307 closed sales tracked by Resideline. The middle half of those sales ranged from $220,000 to $365,000.

Is 38583 a buyer's or seller's market?

Resideline is currently tracking 8 pending sales against 56 active listings in 38583, a pending-to-active ratio of 0.14. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 38583 currently looks like a balanced market.

Nearby ZIP code market data

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