Is Blacksburg, SC 29702 a buyer’s or seller’s market?
Blacksburg is a buyer’s market. With about 8.8 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Blacksburg housing market right now
In the three months ending August 31, 2026, 0% of homes in Blacksburg, SC 29702 sold above their list price, the typical home went under contract in 51 days and there were 8.8 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking fell from 18%, homes sold faster (53 days then) and the median sale price rose 13% to $232,349. Overall, Blacksburg is less competitive than a year ago, which gives buyers more room.
Within Cherokee County, homes here sell faster than in 75% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Pacolet 29372 (25% sold over asking) and Gaffney 29340 (20% sold over asking) are even more competitive.
Run the numbers for 29702
Nearby markets
Cowpens 29330Seller’s market $163 /sq ftGaffney 29340Balanced $145 /sq ftGaffney 29341Seller’s market $167 /sq ftPacolet 29372Seller’s market $139 /sq ft Browse all markets →Towns like Blacksburg nearby
Find towns like Blacksburg in other states →Where Blacksburg is
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Questions about Blacksburg real estate
Is Blacksburg a buyer’s or seller’s market?
A buyer’s market: there were 8.8 months of supply in Blacksburg, SC 29702 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 Blacksburg?
The typical home went under contract in 51 days in the latest three months.
Do homes in Blacksburg sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Blacksburg?
About 0.43% of a home’s value a year in Cherokee County, or roughly $1,720 on a $400,000 home.
What is the median home price in Blacksburg?
The median sale price was $232,349 in the three months ending August 31, 2026, about $159 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