Spartanburg - SC housing market
The Spartanburg metro has a typical home value of $276,318, up 1.5% from a year ago. Homes are sitting 40 days on average, buyers have negotiating room. 31% of listings have had a price cut. Data from Zillow Research, updated monthly.
Spartanburg housing market, October 2026
The typical Spartanburg home is worth $276,318 as of August 2026, down 0.1% from the prior month, down 0.5% over three months, and up 1.5% from a year ago. Over the past two years values have ranged from $268,552 to $278,040.
Homes are going pending in about 40 days, slower than the 28 days seen three months earlier. There are roughly 1,812 homes for sale, 24% more than a year ago. 31.4% of listings have taken a price cut (up from 31.0% three months ago).
Typical rent is $1,510 a month, up 1.5% year over year, which puts the price-to-rent ratio at 15.3.
At this week's 7.40% mortgage rate with 20% down ($55,264), the typical Spartanburg home costs about $1,876 a month including tax and insurance, which needs a household income of roughly $80,400 to stay under a 28% payment-to-income ratio.
Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →
How to read this data
The typical home value ($276,318) is the Zillow Home Value Index for the Spartanburg - SC metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.
Prices are up 1.5% over the past year. In Spartanburg - SC, that means a home worth $272,234 last year is now worth roughly $276,318.
The median sale price, what homes actually close for, is $266,733. Homes are selling at 98.0% of list price, meaning buyers have room to negotiate.
Homes listed in Spartanburg - SC sit on the market for roughly 40 days before going pending. Shorter = seller's market; longer = buyer's market.
About 31.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 442 new listings hit the market each month in Spartanburg - SC. There are currently 1,812 homes for sale, up 23.6% from a year ago.
The typical monthly rent in Spartanburg - SC is $1,510, up 1.5% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.2x, toss-up (#144 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,531 a month in principal and interest, $21 more than renting before taxes, insurance and upkeep. The two break even at a 7.26% rate.
What's not on this page
This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.
Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt October 2026. Methodology →
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Other metros in SC
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Greenville - SC | $314,151 | +1.7% | 31.0d |
| Columbia - SC | $256,132 | +1.7% | 27.0d |
| Charleston - SC | $431,797 | -0.4% | 51.0d |
| Myrtle Beach - SC | $339,754 | +0.5% | 56.0d |