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Sarah Mitchell

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Compass Real Estate · Spartanburg, SC

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Spartanburg, SC(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Spartanburg, SC Housing Market

Balanced market+0.1% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly

The typical home in Spartanburg, SC is worth $232,218, held roughly flat 0.1% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $209,995, -3.2% year over year (through May 2026). With 3.3 months of supply and homes going under contract in about 48 days, Spartanburg is a balanced market. At today's 7.03% 30-year fixed rate, 20% down on a $232,218 home is about $1,240/mo in principal and interest.

Key numbers for Spartanburg, SC

Typical home value

$232,218

+0.1% in 12 months

Zillow, August 2026

Typical asking rent

$1,376/mo

Zillow Observed Rent Index

Zillow, August 2026

Median sale price

$209,995

-3.2% year over year

Redfin, through May 2026

Days on market

48

Average pace

Redfin, through May 2026

Active listings

183

3.3 months of supply

Redfin, through May 2026

30-yr fixed rate

7.03%

Freddie Mac weekly average

Freddie Mac via FRED, September 2026

Median household income

$51,193

Home costs 4.5x income

U.S. Census ACS, 2023

Sale-to-list ratio

97.9%

Selling below asking

Redfin, through May 2026

Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.

Is Spartanburg a buyer's or seller's market?

Balanced market3.3 months of supply48 days on market97.9% of asking

Spartanburg, SC is a balanced market, based on 3.3 months of supply and homes selling in about 48 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.

Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from

What does the Spartanburg housing market data show?

Every row below is Redfin's final published month for Spartanburg, SC. Redfin, through May 2026

Housing market statistics for Spartanburg, SC, Redfin through May 2026
MetricValue
Median sale price$209,995
Median list price$220,000
Year-over-year price change-3.2%
Median price per sq ft$154/sq ft
Median days on market48 days
Active inventory183 listings
Months of supply3.3 months
Sale-to-list price ratio97.9%
Homes sold (that month)56
New listings (that month)56
Listings with a price cut40.4%
Market conditionBalanced market

How to read these numbers

Median sale price
Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Spartanburg is frozen at May 2026.
Typical home value (ZHVI)
Zillow's estimate of what a mid-market home in Spartanburg is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
Months of supply
How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
Days on market
Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
Sale-to-list ratio
Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
Price per square foot
The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
Listings with a price cut
Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
Typical asking rent (ZORI)
Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.

How have Spartanburg home prices moved?

Over the last three years the median sale price in Spartanburg, SC fell 2.6%, from $215,675 to $209,995. The live Zillow value series has held roughly flat 0.1% in the last 12 months, which is the more current read now that Redfin's series has stopped. 40.4% of Spartanburg listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 3.3 months while the sale-to-list ratio slips below its current 97.9%. Watch those two together — they move before the median does.

Redfin, through May 2026 — the chart ends at Redfin's final published month.

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What does it cost to buy a home in Spartanburg?

Priced off the typical home value of $232,218 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.

Monthly principal and interest by down payment in Spartanburg, SC
Down paymentCash at closeLoan amountMonthly P&I
20%$46,444$185,775$1,240/mo
5%$11,611$220,607$1,472/mo

Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate

What income do you need?

Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,240, that implies roughly $53,130 a year before you add taxes and insurance. The median household in Spartanburg earns $51,193, about $1,937 short of that threshold — the typical local household needs a larger down payment, a co-borrower, or a home below the typical home value to fit the 28% rule. That puts the price-to-income ratio at 4.5x — above the historical 3x norm but in line with much of the country in 2026.

Run it with your own numbers: affordability calculator · mortgage calculator

Buying in Spartanburg in the next 12 months?

Tell us your timeline. We send the Spartanburg market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.

No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.

Is it cheaper to rent or buy in Spartanburg?

Typical asking rent in Spartanburg, SC is $1,376/mo, against a typical home value of $232,218. That is a price-to-rent ratio of 14.1x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $1,240 a month — $136 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.

Zillow, August 2026 for both value and rent

Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.

Is inventory rising or falling in Spartanburg?

Active listings in Spartanburg, SC went from 154 in May 2025 to 183 in May 2026, a +18.8% change. Rising inventory is the single most useful leading indicator for buyers: more choice, longer marketing times, and more sellers willing to negotiate before price cuts show up in the median.

Active listings by month in Spartanburg, SC
MonthActive listingsNew listings
June 202515253
July 202514855
August 202516467
September 202518064
October 202520067
November 202519345
December 202516530
January 202616956
February 202617955
March 202619582
April 202620067
May 202618356

Redfin, through May 2026

How does Spartanburg compare to South Carolina and the U.S.?

Spartanburg homes sell for $209,995 — 47% below the South Carolina median of $394,000. Against the national median of $410,700, Spartanburg runs 49% lower. Year-over-year, Spartanburg moved -3.2% against South Carolina's +1.2% — a bigger swing than the state as a whole.

Spartanburg, SC compared with South Carolina and the United States
MarketMedian sale priceYoYDays on market
Spartanburg, SC$209,995-3.2%48 days
South Carolina statewide$394,000+1.2%72 days
United States$410,700not publishednot published

City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)

What to do next in Spartanburg

What buyers should watch

  • Months of supply, currently 3.3. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
  • The share of listings cutting price, currently 40.4%. A listing that has already cut once is the one most likely to accept below asking.
  • The gap between 5% and 20% down here is $232 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
  • Rate moves. At 7.03%, every full point of rate change moves the payment on a $232,218 home more than a 5% price change does.
  • Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.

What sellers should know

  • The median Spartanburg listing goes under contract in 48 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
  • Homes here close at 97.9% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
  • In the last published month Spartanburg added 56 new listings against 56 sales — more clearing than arriving, which is the better window to list.
  • Your equity moved +0.1% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
  • Comparable ZIP-level pricing inside Spartanburg varies more than the citywide median suggests — check the ZIP pages below before you set a number.

Homes for sale in Spartanburg

There are currently 183 homes listed for sale in Spartanburg, South Carolina. The median listing price is $220K. Featured listings range from $189,399 to $389,900.

3 bedroom townhouse for sale at 818 Mahaffey Ct Spartanburg 29301 - $189,399
New BuildPrice Drop −$6K
20
$189,399

818 Mahaffey Ct

Spartanburg, SC 29301

3 bd3 ba1,403 sqft$135/ft²
Townhouse
View photos & details
2 bedroom house for sale at 1188 Old Pacolet Rd Spartanburg 29307 - $190,000
New Listing
3
$190,000

1188 Old Pacolet Rd

Spartanburg, SC 29307

2 bd1 ba960 sqft$198/ft²
House9,583 sqft lot

Angela Fleming · RE/MAX REACH

View photos & details
3 bedroom townhouse for sale at 1540 Dockage Way Spartanburg 29306 - $204,487
New Build
31
$204,487

1540 Dockage Way

Spartanburg, SC 29306

3 bd3 ba1,417 sqft$144/ft²
Townhouse
View photos & details
3 bedroom townhouse for sale at 838 Mahaffey Ct Spartanburg 29301 - $204,999
New Build
17
$204,999

838 Mahaffey Ct

Spartanburg, SC 29301

3 bd3 ba1,423 sqft$144/ft²
Townhouse
View photos & details
4 bedroom house for sale at 1396 Hugh Mack 305 Crane A Ct Unit Cmd Spartanburg 29303 - $279,604
New Build
20
$279,604

1396 Hugh Mack 305 Crane A Ct Unit Cmd

Spartanburg, SC 29303

4 bd3 ba1,955 sqft$143/ft²
House6,534 sqft lot

Jeremy Gould · Lennar Carolinas LLC

View photos & details
4 bedroom house for sale at 1396 Hugh Mack Ct Spartanburg 29303 - $279,604
New Build
21
$279,604

1396 Hugh Mack Ct

Spartanburg, SC 29303

4 bd3 ba1,955 sqft$143/ft²
House
View photos & details
4 bedroom house for sale at 100 Milo Rd Spartanburg 29306 - $291,700
New Build
$291,700

100 Milo Rd

Spartanburg, SC 29306

4 bd3 ba2,479 sqft$118/ft²
House
View photos & details
4 bedroom house for sale at 107 Driftway Pl Spartanburg 29301 - $299,900
New Listing
40
$299,900

107 Driftway Pl

Spartanburg, SC 29301

4 bd3 ba2,301 sqft$130/ft²
House24,394 sqft lot

Thomas Chism · Chism & Associates Real Estate

View photos & details
4 bedroom house for sale at 616 Starbeam Ct Spartanburg 29303 - $307,900
New BuildPrice Drop −$2K
26
$307,900

616 Starbeam Ct

Spartanburg, SC 29303

4 bd3 ba2,174 sqft$142/ft²
House
View photos & details
4 bedroom house for sale at 903 Rising Oak Ct Spartanburg 29301 - $324,900
New Build
10
$324,900

903 Rising Oak Ct

Spartanburg, SC 29301

4 bd3 ba2,345 sqft$139/ft²
House
View photos & details
4 bedroom house for sale at 1179 White Willow Dr Spartanburg 29303 - $373,750
New Build
30
$373,750

1179 White Willow Dr

Spartanburg, SC 29303

4 bd3 ba1,991 sqft$188/ft²
House
View photos & details
3 bedroom house for sale at 1174 White Willow Dr Spartanburg 29303 - $389,900
New BuildPrice Drop −$15K
30
$389,900

1174 White Willow Dr

Spartanburg, SC 29303

3 bd3 ba2,175 sqft$179/ft²
House
View photos & details

Looking to buy in Spartanburg?

Get connected with a local real estate expert — free, no obligation.

Active listings

183

Homes on market

Median list price

$220K

Avg. days on market

48

Days until sale

New this week

56

Newly listed

Price drops:40.4%of listings
Sale-to-list:97.9%

How much do homes cost in Spartanburg by property type?

How the Spartanburg, SC market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026

Median price, price per square foot, homes sold and days on market by property type in Spartanburg, SC
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$221,000$163/sq ft4648 days
Condo / co-op$132,500$91/sq ft533 days
Townhouse$226,491$147/sq ft465 days

Who lives in Spartanburg?

American Community Survey estimates for Spartanburg. U.S. Census ACS, 2023

Population

38,578

Households

15,938

Median income

$51,193/yr

Median age

35.6 years

Owner-occupied

53.4%

Median home value

$185,300

Median gross rent

$1,043/mo

Mean commute

20.9 min

53.4% of occupied homes in Spartanburg are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $185,300 against Zillow's $232,218 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $1,043/mo, below Zillow's $1,376/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.

Which public schools serve Spartanburg?

30 schools tracked · 16,056 students

The largest public schools serving Spartanburg, SC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

Spartanburg High

Grades 9-12 · 2,205 students

Public

High Point Academy

Grades PK-12 · 1,250 students

Charter

Fairforest Middle

Grades 6-8 · 1,007 students

Public

McCracken Middle

Grades 6-8 · 899 students

Public

Broome High

Grades 9-12 · 888 students

Public

Drayton Mills Elementary

Grades PK-5 · 785 students

Public

Fairforest Elementary

Grades K-5 · 739 students

Public

West View Elementary

Grades PK-5 · 666 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Spartanburg, SC?

Ordered by distance from Spartanburg, not by size. Compare Spartanburg side by side with any of them.

Which ZIP codes are in Spartanburg?

These are the ZIP codes we see on active Spartanburg listings. Redfin did not publish a matching ZIP-level sale row for the same period, so we are not ranking them by price here — each ZIP page shows exactly what we hold for it.

Spartanburg housing market FAQ

Is Spartanburg a buyer's or seller's market?

Spartanburg, SC is currently a balanced market. That read comes from 3.3 months of supply, homes going under contract in about 48 days, and sellers getting 97.9% of their asking price in the last month Redfin published (May 2026).

How much do homes cost in Spartanburg?

The typical home in Spartanburg, SC is worth $232,218 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $209,995, about $154 per square foot.

Is Spartanburg cheaper than the rest of South Carolina?

Spartanburg's median sale price of $209,995 is 47% lower than the South Carolina statewide median of $394,000, and 49% below the U.S. median of $410,700. Both figures are for the same period.

How long do homes take to sell in Spartanburg?

Homes in Spartanburg, SC spent a median of 48 days on market before going under contract, versus 72 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)

What income do you need to buy a home in Spartanburg?

At the current 30-year fixed rate of 7.03%, 20% down on a $232,218 home is about $1,240 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $53,130 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $51,193.

Are home prices rising in Spartanburg?

The typical home value in Spartanburg, SC held roughly flat 0.1% over the last 12 months, from $231,903 to $232,218 (Zillow, August 2026). This is the live series — it refreshes monthly.

What are the cheapest ZIP codes in Spartanburg?

Spartanburg ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.

Is now a good time to buy in Spartanburg?

That depends on your timeline, not on a headline. What the data says today: Spartanburg, SC is a balanced market with 3.3 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 14.1x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.

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No spam, no reselling your details. Market data on this site is informational and is not financial, investment, or real estate advice.