Spartanburg, SC
Housing market overview · Updated weekly
$200,000median sale price
Homes sold
31
Last 12 weeks
Days on market
74
Average pace
Active listings
167
5.4 months supply
Sale-to-list
97.7%
Below asking
The Spartanburg housing market is currently classified as a buyer's market with a median sale price of $200,000. Prices have fallen 18.4% compared to last year, with homes spending an average of 74 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
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Frequently asked questions
What is the average home price in Spartanburg?
The median home sale price in Spartanburg is $200,000, down 18.4% from last year.
How long do homes stay on market in Spartanburg?
Homes typically spend 74 days on market before going under contract.
Is Spartanburg a buyer's or seller's market?
With 5.4 months of supply, Spartanburg is currently a buyer's market.
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