Sparta, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Sparta short-term rental market based on reliable data.
Listings
7 / 32
Reliable / Active
Cap Rate
15%
Middle-Earners Gross Yield
Revenue
$19,224
Middle-Earners Revenue
Occupancy
46%
Middle-Earners Occupancy
Home Value
$125,564
Median Home Sale Price
Top Earners
$27,413
Top-Earners Revenue
Sparta
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Sparta.
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Generally Investor friendly
Sparta Regulations
Sparta has no citywide ban on STRs, no explicit STR licensing, and no caps, so STRs are likely permissible if zoning and safety rules are met. However, investors must confirm zoning and any business license, and comply with state taxes (4% STR tax, potentially HOOT) and fire/safety codes, making compliance a moderate but manageable process.
Local STR Agent
STR specialist · Sparta, IL
About Sparta
Sparta is a city in Randolph County, Illinois, United States. The population was 4,095 at the 2020 census.The city was the principal filming location for the 1967 film In the Heat of the Night.Consumer ammunition manufacturer Underwood Ammo is headquartered and solely based in Sparta.