Is Spartanburg, SC 29306 a buyer’s or seller’s market?

The Spartanburg housing market right now

In the three months ending August 31, 2026, 13% of homes in Spartanburg, SC 29306 sold above their list price, the typical home went under contract in 68 days and there were 7.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 63 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (13% then), homes sold more slowly (56 days then) and the median sale price fell 8% to $238,897. Overall, Spartanburg is less competitive than a year ago, which gives buyers more room.

Within Spartanburg County, homes here sell faster than in 56% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Spartanburg ranks #131 of 191 SC ZIP codes with enough sales (score 24 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.