Spartanburg Metro Area, SC Housing


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United States / South Carolina / Spartanburg Metro Area / Counties / Cities / Zip Codes
The housing market in Spartanburg, SC Metro Area is booming. The median value of a home in the area is $232,300 which is significantly lower than the US House Median Value of $338,100. Furthermore, the 1 year House Appreciation rate for the Spartanburg Metro Area is 18.53%, which is 10.26% higher than the national average of 8.27%. This demonstrates that Spartanburg Metro Area is an attractive market for potential home buyers and investors alike.

The median home cost in Spartanburg Metro Area is $232,300. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Spartanburg Metro Area is up 21.0%.

Average Age of Homes
- The median age of Spartanburg Metro Area real estate is 35 years old
The Rental Market in Spartanburg Metro Area
- Renters make up 27.1% of the Spartanburg Metro Area population
- 1.7% of houses and apartments in Spartanburg Metro Area, 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

  HousingSpartanburg, South CarolinaUnited States
  135,067.0139,647,020.0
  3442
  $232,300$338,100
  21.0%16.6%
  66.8%57.0%
  95.2%101.1%
  $6.21$10.98
  $1,020$2,690
  65.3%57.4%
  9.6%11.2%
  25.0%31.4%
  Vacant Housing
  1.7%1.9%
  0.3%0.4%
  0.7%0.7%
  0.3%0.4%
  0.7%3.6%
  5.9%4.1%
  Value of Owner-Occupied Housing
  3.3%2.6%
  3.6%2.4%
  3.6%2.8%
  5.7%3.9%
  6.7%4.5%
  20.5%11.3%
  20.1%13.0%
  21.3%20.1%
  7.6%13.6%
  3.5%8.3%
  2.8%9.7%
  0.6%3.9%
  0.2%2.2%
  0.0%0.8%
  0.4%1.1%
  Housing Units by Year Structure Built
  0.6%0.2%
  16.3%13.6%
  16.3%13.6%
  17.1%13.6%
  12.7%13.2%
  14.5%14.8%
  17.1%13.6%
  7.3%10.0%
  3.5%4.7%
  6.2%12.2%
Commute