Spartanburg, SC metro area Housing Market
Cool MarketComprehensive housing market data for the Spartanburg, SC metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.
Data period: March 2026
Median Sale Price
$294K
↑ 2.5% YoY
Days on Market
92 days
↑ 24.3% YoY
Active Inventory
2,026
↓ 11.6% YoY
Homes Sold
556
↓ 15.4% YoY
Cool Market
Buyer activity is slowing, creating more negotiating room.
Spartanburg, SC metro area Market Summary
The Spartanburg, SC metro area housing market is cooling down. As of March 2026, the median home sale price is $294K, up 2.5% year-over-year. Homes are spending a median of 92 days on the market, 24.3% longer than a year ago.
There are 2,026 homes for sale — 11.6% fewer than last year. With 3.6 months of supply, this is a seller's market. 818 new listings were added during this period, down 11.1% year-over-year.
Homes are selling for 98.5% of their list price on average, suggesting room for negotiation. 15.5% of homes sell above their asking price. 34.2% of listings have had a price drop.
Market Opportunity Score
Based on current market conditions
73
Contributing Factors
How This Market Compares
vs. National Median
vs. South Carolina Median
Investor Takeaway
The cooling market may present buying opportunities with less competition and more negotiating leverage. A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 33% below the national median, which could indicate stronger cash flow potential.
Spartanburg, SC metro area Market Trends
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Detailed Market Metrics
Median List Price
$295K
Price per Sq Ft
$154
Sale-to-List Ratio
98.5%
Months of Supply
3.6
Sold Above List
15.5%
Price Drops
34.2%
New Listings
818
↓ 11.1% YoY
Pending Sales
735
Off Market in 2 Weeks
23.9%
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Try It FreeHousing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.