Housing in Spartanburg, SC County is quite expensive compared to the US median house value of $338,100. In Spartanburg County, the median house value is $232,300. However, this difference in value does not mean that the housing market in Spartanburg County is stagnant or underperforming - over the last year, the appreciation rate for houses in Spartanburg County has been 18.53%, more than double the national average of 8.27%. This indicates that despite its comparatively high prices, housing in Spartanburg County is still a lucrative investment opportunity with strong returns for those who buy into it.
The median home cost in Spartanburg County is $232,300. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Spartanburg County is up 21.0%.
Average Age of Homes
- The median age of Spartanburg County real estate is 34 years old
The Rental Market in Spartanburg County
- Renters make up 27.6% of the Spartanburg County population
- 1.7% of houses and apartments in Spartanburg County, 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.