Data through September 2026 · updated 2026-11-07 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$274,874+1.1% YoY · prices are rising
Market right nowBuyer's marketMore homes for sale than last year, 22% have cut their price
Income needed to buy, per year$59,587About 0.8× the local median income ($70,103): affordable for a typical household
Days on market66 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+1.4%Zillow expects prices to rise slightly
The typical home in Spartanburg County, SC is worth $274,874, up 1.1% from a year ago. That is well above what local incomes have historically supported: fair value is about $241,982, so the area is 13.6% overvalued. It is a buyer's market: homes take about 66 days to sell, listings are up 13% from a year ago, 22% of listings have had a price cut. Zillow expects prices to rise about 1.4% over the next year. A household needs about $59,587 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,103. Typical rent is $1,475 a month, or $1,739 for a house. In the latest IRS figures, 7,015 more people moved in than out.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$274,874
Change in 1 year
+1.1%
Overvalued %
+13.6%
Show 7 more
Fair home value
$241,982
Change in 5 years
+28.6%
Zillow forecast, next 12 months
+1.4%
Home value to income
3.9×
Monthly mortgage payment (20% down)
$1,490
Income needed to afford it
$59,587
Property tax rate
0.55%
Rent and investing
Typical rent
$1,475
Typical rent for houses
$1,739
Price-to-rent ratio
15.5×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,196
Gross rental yield
6.44%
Cap rate (estimate)
4.18%
Market activity
Listings vs a year ago
+12.9%
Days on market
66
Listings with a price cut
21.8%
Show 3 more
Homes for sale
2,051
Pending sales per 100 listings
38
Asking price per sq ft
$166
People and jobs
Median household income
$70,103
Population change (1 year)
+3.0%
Unemployment rate
4.3%
Show 4 more
Population
380,857
Income adjusted for cost of living
$76,952
Net moves in (IRS)
+7,015
Cost of living (US = 100)
91.1
Schools, risk and environment
School rating (1 to 10)
6.7
FEMA hazard risk score (0 to 100)
90.6
Unhealthy air days a year
0
Show 4 more
Flood risk score
92.7
Wildfire risk score
59.4
Walkability (1 to 20)
6.2
Road, rail and air noise
53 dB
Questions people ask
Is Spartanburg County, SC overvalued?
Home prices in Spartanburg County, SC are well above what local incomes have historically supported: fair value is about $241,982, so the area is 13.6% overvalued.
Is Spartanburg County, SC a buyer's or seller's market?
Spartanburg County, SC is a buyer's market: homes take about 66 days to sell, listings are up 13% from a year ago, 22% of listings have had a price cut.
Are home prices going down in Spartanburg County, SC?
Home values in Spartanburg County, SC are up 1.1% over the last year. Zillow's forecast for the next 12 months is +1.4%.
How much do you need to earn to buy a home in Spartanburg County, SC?
A household needs about $59,587 a year to afford the typical home in Spartanburg County, SC at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $70,103.