Is Spartanburg, SC 29307 a buyer’s or seller’s market?
Spartanburg is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 21% of U.S. ZIP codes, and #116 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
The Spartanburg housing market right now
In the three months ending August 31, 2026, 10% of homes in Spartanburg, SC 29307 sold above their list price, the typical home went under contract in 69 days and there were 4.3 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 103 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (9% then), homes sold more slowly (37 days then) and the median sale price fell 7% to $255,290. Overall, Spartanburg is less competitive than a year ago, which gives buyers more room.
Within Spartanburg County, homes here sell faster than in 50% of the county’s ZIP codes, and sell less often over asking than in 72%. On our competition score, Spartanburg ranks #116 of 191 SC ZIP codes with enough sales (score 26 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.
Run the numbers for 29307
Nearby markets
Arcadia 29320 — /sq ftBoiling Springs 29316Seller’s market $151 /sq ftCampobello 29322Balanced $195 /sq ftChesnee 29323Balanced $180 /sq ft Browse all markets →Towns like Spartanburg nearby
Find towns like Spartanburg in other states →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 4.3 months of supply in Spartanburg, SC 29307 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 69 days in the latest three months.
Do homes in Spartanburg sell over asking?
10% of homes sold above their original list price, and the typical sale closed at 98.2% 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 $255,290 in the three months ending August 31, 2026, about $139 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