Zip 29302 (Spartanburg, SC) Housing


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The housing in 29302 Spartanburg, SC is doing quite well. The median value of housing in this area is $235,700, which is considerably lower than the US median house value of $338,100. However, houses in this area have seen a much higher appreciation rate over the last year than the US average of 8.27%. Houses in 29302 Spartanburg, SC have experienced an appreciation rate of 18.46% over the last year. This indicates that housing in this area is performing better than other areas and is likely to continue to appreciate in value over time.

The median home cost in Spartanburg (zip 29302) is $235,700. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Spartanburg (zip 29302) is up 21.0%.

Average Age of Homes
- The median age of Spartanburg (zip 29302) real estate is 46 years old
The Rental Market in Spartanburg (zip 29302)
- Renters make up 23.5% of the Spartanburg (zip 29302) population
- 1.6% of houses and apartments in Spartanburg (zip 29302), 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
  7,710.0139,647,020.0
  5042
  $235,700$338,100
  21.0%16.6%
  66.8%57.0%
  95.2%101.1%
  $7.07$10.98
  $1,326$2,690
  68.1%57.4%
  6.4%11.2%
  25.5%31.4%
  Vacant Housing
  1.6%1.9%
  0.0%0.4%
  0.8%0.7%
  0.0%0.4%
  0.5%3.6%
  3.5%4.1%
  Value of Owner-Occupied Housing
  3.6%2.6%
  1.8%2.4%
  1.3%2.8%
  3.7%3.9%
  10.0%4.5%
  20.5%11.3%
  11.4%13.0%
  17.1%20.1%
  14.3%13.6%
  4.5%8.3%
  8.3%9.7%
  2.2%3.9%
  0.9%2.2%
  0.2%0.8%
  0.3%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  6.1%13.6%
  6.1%13.6%
  13.0%13.6%
  13.3%13.2%
  13.3%14.8%
  13.0%13.6%
  15.9%10.0%
  10.1%4.7%
  11.9%12.2%
Commute