Spartanburg County, South Carolina Housing Market Prices
Spartanburg County Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 34% below the South Carolina median$158,720
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Median rent 8% below the South Carolina median More expensive than 76% of counties in South Carolina$1,084
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Spartanburg County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $158,720 | $239,609 | $248,835 |
| Price Trend (Annual %) | 7.9% | 8.9% | 7.5% |
| Median Gross Rent | $1,084 | $1,179 | $1,407 |
| Rent Trend (Annual %) | 5.2% | 4.8% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Spartanburg County is about 34% lower than in South Carolina. Rent is about 8% lower than the South Carolina average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Spartanburg County, up about 7.9% and 5.2% a year respectively. Home prices are changing faster.
Median rent in Spartanburg County rose about 53.2% between 2015 and 2024, from $707 to $1,084. Over the same span, rent in South Carolina rose about 49.3%.
Affordability
On average, housing unit costs 2.4 yearly household incomes in Spartanburg County.
Buying the median-priced home in Spartanburg County costs roughly 12.2 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Spartanburg County. The price-to-rent ratio in South Carolina is about 16.9.
| Metric | Spartanburg County | South Carolina Avg | US Average |
|---|---|---|---|
| Median Home Price | $158,720 | $239,609 | $248,835 |
| Median Household Income | $66,222 | $69,383 | $80,455 |
| Price-to-Income Ratio | 2.4 | 3.5 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Spartanburg County rose about 71.4%, while median household income rose about 48.3% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Spartanburg County | South Carolina Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 66.7% | 62.3% | 58.5% |
| Rental Rate | 24.7% | 24.4% | 31.2% |
| Vacancy Rate | 8.7% | 13.3% | 10.2% |
| Median Tenure (years) | 14.0 | 15.0 | 15.0 |
| Median Year Moved In | 2012 | 2011 | 2011 |
Spartanburg County has a homeownership rate of 66.7%, higher than the South Carolina average of 62.3%. Its housing vacancy rate is 8.7%, compared with 13.3% in South Carolina.
Housing Stock
| Metric | Spartanburg County | South Carolina Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.58 people | 2.44 people | 2.53 people |
| Median Structure Built Year | 1989 | 1990 | 1978 |
| Median Number of Rooms | 5.7 | 5.7 | 5.5 |
The typical housing unit in Spartanburg County was built around 1989. On average, 2.6 people live in a home with about 5.7 rooms, staying for about 14.0 years on average.
Spartanburg County, SC Housing Compared With Nearby Counties
Spartanburg County, SC is the 2nd largest of the 6 counties compared here, 347,752 residents against a local median of 56,649. Where Spartanburg County, SC breaks from the counties next to it is median home price, sitting 44% below the local median of $281,622 at $158,720.
Median rent tells the same story from another angle: $1,084 against a local median of $879, 23% above it. The counties themselves spread $346,447 on median home price, so Spartanburg County, SC sits at one end of an already wide local range rather than apart from it. Spartanburg County, SC has the 5th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Spartanburg County, SC | 347,752 | $158,720 #5/6 | $1,084 #3/6 | 73.0% #3/6 |
| Greenville County, SC | 547,972 | $281,622 | $1,262 | 68.9% |
| Cherokee County, SC | 56,649 | $429,025 | $868 | 73.8% |
| Polk County, NC | 19,891 | $425,296 | $1,177 | 76.9% |
| Union County, SC | 26,885 | $189,062 | $804 | 71.3% |
| Laurens County, SC | 68,664 | $82,578 | $879 | 71.5% |
Frequently Asked Questions
Common questions about the housing market in Spartanburg County, South Carolina.
What is the median home price in Spartanburg County, South Carolina?
The median home price in Spartanburg County, South Carolina is $158,720, lower than the South Carolina average of $239,609.
What is the average home price in Spartanburg County, South Carolina?
The typical home price in Spartanburg County, South Carolina, reported as the median sale price, is $158,720. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Spartanburg County, South Carolina?
The median gross rent in Spartanburg County, South Carolina is $1,084 per month, lower than the South Carolina average of $1,179.
What was the median gross rent in Spartanburg County in 2020?
In 2020, the median gross rent in Spartanburg County, South Carolina was $825 per month.
What is the price-to-rent ratio in Spartanburg County, South Carolina?
The price-to-rent ratio in Spartanburg County, South Carolina is about 12.2, meaning it would take roughly 12.2 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Spartanburg County.
Are home prices or rent rising faster in Spartanburg County, South Carolina?
Both home prices and rent are rising in Spartanburg County, up about 7.9% and 5.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Spartanburg County, South Carolina?
66.7% of households in Spartanburg County, South Carolina own their home, higher than the South Carolina average of 62.3%.
What is the vacancy rate in Spartanburg County, South Carolina?
The housing vacancy rate in Spartanburg County, South Carolina is 8.7%, lower than the South Carolina average of 13.3%.
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