Is Spartanburg, SC 29303 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Spartanburg is a balanced market. With about 4.7 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score25/ 100

More competitive than 20% of U.S. ZIP codes, and #124 of 191 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.7Under 4 months = seller’s market
Sold above original list11.2%Share of sales, last 3 months
Median sale-to-list98.1%Sold price ÷ list price
Median days on market73Listing to accepted offer
Median price per sq ft$137▼ −6.6% vs. last year

The Spartanburg housing market right now

In the three months ending August 31, 2026, 11% of homes in Spartanburg, SC 29303 sold above their list price, the typical home went under contract in 73 days and there were 4.7 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 119 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 13%, homes sold more slowly (65 days then) and the median sale price fell 10% to $235,848. Overall, Spartanburg is less competitive than a year ago, which gives buyers more room.

Within Spartanburg County, homes here sell more slowly than in 72% of the county’s ZIP codes, and sell more often over asking than in 56%. On our competition score, Spartanburg ranks #124 of 191 SC ZIP codes with enough sales (score 25 out of 100).

Nearby, buyers who want less competition could look at Pacolet Mills 29373 (0% sold over asking) or Glendale 29346 (0% sold over asking), while Enoree 29335 (25% sold over asking) and Pauline 29374 (25% sold over asking) are even more competitive.

Nearby markets

Arcadia 29320 — /sq ftBoiling Springs 29316Seller’s market $151 /sq ftCampobello 29322Balanced $195 /sq ftChesnee 29323Balanced $180 /sq ft Browse all markets →

Where Spartanburg is

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Questions about Spartanburg real estate

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

A balanced market: there were 4.7 months of supply in Spartanburg, SC 29303 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Spartanburg?

The typical home went under contract in 73 days in the latest three months.

Do homes in Spartanburg sell over asking?

11% of homes sold above their original list price, and the typical sale closed at 98.1% of the list price.

What are property taxes in Spartanburg?

About 0.55% of a home’s value a year in Spartanburg County, or roughly $2,200 on a $400,000 home.

What is the median home price in Spartanburg?

The median sale price was $235,848 in the three months ending August 31, 2026, about $137 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology