Zip 29307 (Spartanburg, SC) Housing

Housing in Spartanburg, SC (zip code 29307) is extremely affordable compared to the national median value. The median value of housing in Spartanburg is $223,200, which is much lower than the US median value of $338,100. Furthermore, the appreciation rate for housing in Spartanburg over the past year has been 18.46%, significantly higher than the US average appreciation rate of 8.27%. As a result, investing in housing in Spartanburg is an attractive option for those looking to invest or purchase a home.

The median home cost in Spartanburg (zip 29307) is $223,200. Home appreciation the last 10 years has been 95.2%. Home Appreciation in Spartanburg (zip 29307) is up 21.0%.

Average Age of Homes

- The median age of Spartanburg (zip 29307) real estate is 41 years old

The Rental Market in Spartanburg (zip 29307)

- Renters make up 31.3% of the Spartanburg (zip 29307) population
- 3.7% of houses and apartments in Spartanburg (zip 29307), 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
	8,988.0	139,647,020.0
	44	42
	$223,200	$338,100
	21.0%	16.6%
	66.8%	57.0%
	95.2%	101.1%
	$7.69	$10.98
	$1,258	$2,690
	60.5%	57.4%
	10.9%	11.2%
	28.6%	31.4%
Vacant Housing
	3.7%	1.9%
	0.8%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	0.4%	3.6%
	5.5%	4.1%
Value of Owner-Occupied Housing
	4.2%	2.6%
	3.8%	2.4%
	2.7%	2.8%
	5.0%	3.9%
	11.2%	4.5%
	17.3%	11.3%
	17.5%	13.0%
	26.3%	20.1%
	5.0%	13.6%
	3.5%	8.3%
	2.3%	9.7%
	0.4%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.8%	1.1%
Housing Units by Year Structure Built
	0.4%	0.2%
	10.5%	13.6%
	10.5%	13.6%
	10.5%	13.6%
	17.8%	13.2%
	27.7%	14.8%
	10.5%	13.6%
	6.8%	10.0%
	1.6%	4.7%
	4.1%	12.2%

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