Spartanburg, SC

Buyer's market-18.4% YoY

Housing market overview · Updated weekly

$200,000median sale price

Homes sold

31

Last 12 weeks

Days on market

74

Average pace

Active listings

167

5.4 months supply

Sale-to-list

97.7%

Below asking

The Spartanburg housing market is currently classified as a buyer's market with a median sale price of $200,000. Prices have fallen 18.4% compared to last year, with homes spending an average of 74 days on market, indicating 5.4 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.

Market trends

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Frequently asked questions

What is the average home price in Spartanburg?

The median home sale price in Spartanburg is $200,000, down 18.4% from last year.

How long do homes stay on market in Spartanburg?

Homes typically spend 74 days on market before going under contract.

Is Spartanburg a buyer's or seller's market?

With 5.4 months of supply, Spartanburg is currently a buyer's market.

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