Zip 29301 (Spartanburg, SC) Housing

The housing market in Spartanburg, South Carolina (29301) is thriving. The median value of a house is $211,600, which is significantly lower than the US median value of $338,100. But the one-year house appreciation rate is much higher in Spartanburg at 18.46%, far higher than the US rate of 8.27%. This indicates that housing prices are rising quickly and makes Spartanburg a great place for home buyers and investors looking for an attractive return on their investment.

The median home cost in Spartanburg (zip 29301) is $211,600. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Spartanburg (zip 29301) is up 21.0%.

Average Age of Homes

- The median age of Spartanburg (zip 29301) real estate is 36 years old

The Rental Market in Spartanburg (zip 29301)

- Renters make up 34.7% of the Spartanburg (zip 29301) population
- 2.3% of houses and apartments in Spartanburg (zip 29301), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Spartanburg, South Carolina	United States
	15,660.0	139,647,020.0
	38	42
	$211,600	$338,100
	21.0%	16.6%
	66.8%	57.0%
	95.2%	101.1%
	$6.60	$10.98
	$1,055	$2,690
	49.6%	57.4%
	13.3%	11.2%
	37.1%	31.4%
Vacant Housing
	2.3%	1.9%
	0.9%	0.4%
	0.5%	0.7%
	0.9%	0.4%
	0.3%	3.6%
	8.3%	4.1%
Value of Owner-Occupied Housing
	3.9%	2.6%
	2.6%	2.4%
	4.1%	2.8%
	4.9%	3.9%
	8.3%	4.5%
	22.5%	11.3%
	21.6%	13.0%
	14.4%	20.1%
	10.5%	13.6%
	6.0%	8.3%
	0.7%	9.7%
	0.0%	3.9%
	0.5%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.3%	0.2%
	15.1%	13.6%
	15.1%	13.6%
	12.5%	13.6%
	17.4%	13.2%
	17.6%	14.8%
	12.5%	13.6%
	7.0%	10.0%
	3.0%	4.7%
	4.7%	12.2%

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