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Sparta, TN 38583 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Sparta, TN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.13
ActiveActive listings: 6262PendingPending 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): $363k$363kSoldMedian sold price (last 6 months): $275k$275k
What homes actually sell for in Sparta, TN
Distribution of 306 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $213k to $365k
$65k to $139k: 21 sales$65k$139k to $212k: 40 sales$212k to $286k: 86 sales86sales$212k$286k to $360k: 59 sales$360k to $434k: 37 sales$360k$434k to $508k: 15 sales$508k to $581k: 12 sales$508k$581k to $655k: 4 salesMedian $275k

What the numbers say

As of October 5, 2026, Resideline is tracking 62 active listings and 8 pending sales in ZIP code 38583. That pending-to-active ratio of 0.13 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $363,450, while the median of the 306 closed sales Resideline tracked over the last six months was $275,000. 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 78 days.

Frequently asked questions

What is the median home price in 38583?

The median closed sale price in Sparta, TN 38583 was $275,000 over the last six months, based on 306 closed sales tracked by Resideline. The middle half of those sales ranged from $212,800 to $365,000.

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

Resideline is currently tracking 8 pending sales against 62 active listings in 38583, a pending-to-active ratio of 0.13. 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

Full Sparta, TN housing market report →

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