Market Overview
Home Prices in Spartanburg, SC
The median home value in Spartanburg, SC is $236,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 1.9% compared to a year ago and up 1.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Spartanburg are priced42% below average. Spartanburg is part of the Spartanburg, SC metro area.
Over the past five years, Spartanburg home values have risen by approximately33.6%, reflecting strong long-term appreciation in this market.
Price History
Spartanburg Home Price Trend
City Comparison
Spartanburg vs. National Median
At $236,520, homes in Spartanburg cost 42% below the national median of $410,000. This makes Spartanburg a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Spartanburg?
20% Down Payment
$47,304
on $236,520
Monthly P&I
$1,234/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,567/mo
incl. taxes & insurance
Income Needed
$62,680
gross annual (30% rule)
10% Down Option
$23,652
+ PMI applies
Loan Amount (20% dn)
$189,216
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Spartanburg, SC?
The median home value in Spartanburg is $236,520 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 1.9% year-over-year.
How much have home prices changed in Spartanburg?
Over the past year, home values in Spartanburg have increased by 1.9%. Over five years, prices have risen approximately 33.6%.
How much do I need to earn to buy a home in Spartanburg?
To comfortably afford the median home price of $236,520 with a 20% down payment ($47,304) at today's rates (6.8%), you'd need a gross annual income of approximately $62,680. This assumes keeping total housing costs at or below 30% of gross income.
How does Spartanburg compare to the national average home price?
The national median home value is approximately $410,000. At $236,520, homes in Spartanburg are 42% below the national average.
What metro area is Spartanburg part of?
Spartanburg is part of the Spartanburg, SC metropolitan area. Home prices and market conditions can vary across the broader metro region.