Sparta, IL

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Sparta short-term rental market based on reliable data.

Listings

13 / 32

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$11,849

Middle-Earners Revenue

Occupancy

31%

Middle-Earners Occupancy

Home Value

$129,186

Median Home Sale Price

Top Earners

$31,948

Top-Earners Revenue

Sparta

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Sparta.

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B

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.

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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.

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