Spartanburg, SC Home Values & Market Trends

Real estate market trends reflect that there have been 2,224 transactions over the past year in Spartanburg. The median value for residential home transactions that occurred over the previous year is $171,765.76. The number of current listings in Spartanburg is 130, and the percentage of properties for sale in the city is 130.00%. Spartanburg, SC currently has 136 properties in foreclosure, 4 bank owned properties, 14 properties headed for auction, and 130 properties for sale.

Spartanburg, SC Real Estate Market Overview

ZipMedian Est. ValueZipMedian Est. Value
29301

$ 267,763

$ 148/sqft

29302

$ 275,000

$ 150/sqft

29307

$ 218,409

$ 135/sqft

29303

$ 130,394

$ 116/sqft

29306

$ 196,100

$ 127/sqft

29319

$ --

$ --

Housing Market Summary for Spartanburg, SC

Mar 2023February 2024Change
Median Listing Price$256K$175K-31.64%
Median Sold Price$209.2K$175K-16.35%
Homes For Sale11313216.81%
Homes Sold1,3451,267-5.80%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Spartanburg, SC

Spartanburg home values range from $15,282 to $3,972,378. The median estimated value of a home in Spartanburg is $171,765.76. The median list price of a home is 275,000, and the total count of properties in the city is 40,921.

Foreclosure
There are 6 zips within Spartanburg, SC; within these zips, the median estimated home value for homes in foreclosure ranges from $712,032 in 29301 to the lowest value of $28,155 in 29301. Foreclosure homes account for 0.00% of properties in Spartanburg, SC with 29301 containing 47 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.29% of all residential properties in Spartanburg, SC with 29301 containing 40 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 6 zips within Spartanburg, SC; of those zips, the estimated home value for pre-foreclosure homes ranges from $798,318 in 29302 to the lowest home value of $43,015 in 29303.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Spartanburg, SC ranges from the highest value of $195,354 in 29301 to the lowest value of $28,155 in 29301. Bank owned homes and properties account for 0.01% of properties in Spartanburg, SC. There are 6 zips within Spartanburg, SC; 29301 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    29303 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Spartanburg, SC. Auction homes and other auction properties account for 0.03% of all properties in Spartanburg, SC. There are 6 zips within Spartanburg, SC; of those zips, the median estimated home value for homes going to auction ranges from $239,706 in 29301 to the lowest value of $133,340 in 29301.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.32% of residential properties in Spartanburg, SC with 29301 containing 40 homes for sale, the highest number of listed properties in a single zip. There are 6 zips within Spartanburg, SC; homes for sale in those zips, have a range of median values from $1,093,595 in 29302 to the lowest value of $23,515 in 29301.
    Sold Homes
    The median value for recently sold homes ranges from $1,657,921 in 29302 to the lowest price of $17,856 in 29302. There are 6 zips within Spartanburg, SC. 29301 has 330 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 3.03% of properties in Spartanburg, SC.

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      Guide for Spartanburg, SC

      Home Buying Guides & Tips
      South Carolina Foreclosure Laws
      Home Buying Financing
      How To Get House Mortgage With Low Credit Score
      Wholesale
      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Home Buying Guides & Tips
      How Do You Buy a House if You’re Broke?
      See More Articles
      South Carolina Foreclosure Laws
      Home Buying Guides & Tips|posted 6 June 2013

      South Carolina Foreclosure Laws

      How To Get House Mortgage With Low Credit Score
      Home Buying Financing|posted 22 March 2024

      Learn how to secure a house mortgage even with a low credit score.

      Legal Pitfalls to Avoid When Dealing with Pre-Foreclosure Sellers
      Wholesale|posted 20 March 2024

      Explore the legal pitfalls to avoid when dealing with pre-foreclosure sellers. Learn how to navigate the complex process safely and protect yourself from costly mistakes and legal complications.

      How Do You Buy a House if You’re Broke?
      Home Buying Guides & Tips|posted 20 March 2024

      What can you do when you want to buy a house when you’re strapped for cash?

      Recently Listed Homes Spartanburg, SC

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