Spartanburg County Home Prices & Values

$111,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 4.0% 1-year change
  • 3.5% 1-year forecast

The median home value in Spartanburg County is $111,600. Spartanburg County home values have gone up 4.0% over the past year and Zillow predicts they will rise 3.5% within the next year. The median list price per square foot in Spartanburg County is $82, which is the same as the Spartanburg Metro average of $82. The median price of homes currently listed in Spartanburg County is $149,900 while the median price of homes that sold is $126,600. The median rent price in Spartanburg County is $775, which is the same as the Spartanburg Metro median of $775.

Foreclosures will be a factor impacting home values in the next several years. In Spartanburg County 5.9 homes are foreclosed (per 10,000). This is the same as the Spartanburg Metro value of 5.9 and also greater than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Spartanburg County is 6.9%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Spartanburg County homeowners underwater on their mortgage is 13.2%, which is the same as Spartanburg Metro at 13.2%.

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Relative ZHVI
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Spartanburg County Market Overview

Data through Aug 31, 2014
  • $111,600 ZHVI
  • 3.5% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $149,900 Median listing price
  • $126,600 Median sale price
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Spartanburg County Market Health

Data through Aug 31, 2014
  • 2.9/10 Less healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No recent data Average days on Zillow
  • 13.2% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

5.9 homes Spartanburg County
5.9 homes Spartanburg Metro
4.3 homes United States
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Cities in Spartanburg County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Moore $143,600 Roebuck $129,200 Inman $128,500
Boiling Springs $122,000 Lyman $94,800 Spartanburg $91,700
Duncan $90,100 Wellford $64,600 Woodruff $60,500

Listings & Sales

Data through Aug 31, 2014
  • $82 Median list price / sq ft
  • $77 Median sale price / sq ft
  • 37.8% Listings with price cut
29.9%
Sold below listing
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Spartanburg County Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$981 Spartanburg County
$981 Spartanburg Metro
$1,328 United States
  • 1.6 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • $775 Rent list price
  • $0.68 Rent list price / sq ft
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