Real Estate Market Update for 07871 (Sparta, NJ)
Welcome to May's Market Update. Let’s take a look at residential real-estate activity in your area during the month of April. The number of active listings was down 25% from one year earlier, and up 6% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was just under 400-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 8%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 310-thousand dollars. The number of units sold increased 50% year-over-year, and increased 20% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for 07871 (Sparta, NJ)
Area Information for 07871 (Sparta, NJ)
  • Population: 20,808
  • Median Age: 42.87 yr
  • Median Commute Time: 38 mins
  • Educational Climate*: 4
  • Sales Tax: 7%
  • Population Density: 548/sq mi
  • Population Change Since 2000: 7.42%
  • Closest Airport: Newark Liberty International
  • Closest College: Rabbinical College Of America
  • Closest Jr. College: Sussex County Community College
  • Median Household Income: $120,307
  • Annual Residential Turnover: 6%
  • Median Home Sales Price: $324,000
  • Closest Major Sports Team: New Jersey Devils
  • Change Avg. Household Income Since 2000: 35.89%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 07871 (Sparta, NJ)
Median Age: 42.87 Married: 51% Number of Households: 7,222 Households with Children: 3,186
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 07871 (Sparta, NJ)

      School Name Distance Type Grades School Rating Parent Rating
      The Goddard School 0.1 mi Private PRESCHOOL-K 0 0
      Alpine Montessori - Sparta 0.3 mi Private PRESCHOOL-1 0 0
      Blessed Beginnings Presch Kng 0.7 mi Private PRESCHOOL-PRESCHOOL 0 0
      Sparta High School 0.8 mi Public 9-12 2 4
      Hilltop Country Day School 0.9 mi Private PRESCHOOL-8 0 0
      Hilltop Country Day School 0.9 mi Private PRESCHOOL-8 0 0
      Mohawk Avenue Elementary School 0.9 mi Public 3-3 0 0
      Sparta Middle School 1.3 mi Public 6-8 3 0
      Helen Morgan Elementary School 1.6 mi Public 4-5 0 0
      Kiddie Academy Learning Center 1.7 mi Private PRESCHOOL-K 0 0
      Rev George A Brown School 2.0 mi Catholic PRESCHOOL-7 0 0
      Pope John Xxiii High School 2.3 mi Catholic 8-12 0 3
      Veritas Christian Academy 2.4 mi Private 9-12 0 0
      Northern Hill Academy 2.9 mi Public PRESCHOOL-5 0 0
      Sparta Alpine Elementary School 2.9 mi Public PRESCHOOL-2 5 0
      Willow Glen Academy (6 Gail Ct Loc) 2.9 mi Private UNGRADE-UNGRADE 0 0
      Sussex County Charter School For Technology 3.9 mi Public 6-8 1 0
      Sussex Cty Tech High School 3.9 mi Public 9-12 3 3
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: Onboard Informatics © 2015. School Performance data by School Review data by
      Local Weather for 07871 (Sparta, NJ)
        Community information and market data Powered by Onboard Informatics. Copyright ©2015 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.