Market Intelligence Report — SC-900

Spartanburg, SC

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-SC-08
As of the latest 2026 data
Cooling

Median Listing

$305K
-4.4% YoY

Pending Ratio

0.43
-6.3% YoY

Active Inventory

2,116
+19.6% YoY

Median DOM

59 Days
+14.6% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's cooling Spartanburg market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Spartanburg, SC.

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The Spartanburg housing market is experiencing cooling conditions, characterized by a pending ratio of 0.43, indicating that demand absorption is moderate relative to available inventory. Active listings have expanded by 19.6% year-over-year, contributing to a more balanced environment.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.4%-0.6 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

407,656+2.8% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Spartanburg market right now.

Inventory levels have notably increased, with active listings up 19.6% year-over-year and new listings seeing an 8.2% annual rise. Concurrently, the median listing price has declined by 4.4% over the past year, while the median price per square foot has also contracted by 0.8%. The pending ratio has decreased by 6.3% year-over-year, reflecting a deceleration in the pace of transactions. Properties are also remaining on the market longer, with median days on market extending by 14.6% year-over-year.

Historical Analysis

Market Trends

Median Price

$305K+0.0% MoM

Active Inventory

2,116+19.6% YoY

Days on Market

59+14.6% YoY

Sold Score™

49-6.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

49
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

In this cooling environment, the increased supply of active listings and longer market times suggest a moderation in competitive pressure. The declining pending ratio indicates that properties are taking longer to go under contract, potentially allowing for greater price discipline and more extended negotiation periods for prospective purchasers. The current conditions suggest a reduced urgency in the acquisition process.

Luxury Segment

No distinct luxury-segment signal in this dataset.

Supply Dynamics

2,116 active listings represent the current floor, with new supply arriving at roughly 740 per month.

Pricing Pressure
21.4%

of active listings carry a price reduction, -5.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.8% year-over-year.

Absorption
0.43

Pending-to-active ratio — Cooling.

Recommended For This Market

Cooling

Selling in Spartanburg, SC? Homes here are taking 7 days longer to sell than last year.

Spartanburg, SC is sitting near equilibrium. Preparation, pricing and timing decide whether a listing sells fast or lingers.

Buyer Demand Index
43%
Median Days on Market
59 days
Inventory YoY
+20%

Spartanburg, SC is balanced, so preparation decides the outcome. Your Sold Score shows where you stand today.

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Metro Demographics

Metro Area
Spartanburg, SC
CBSA Code
43900
State
SC

ZIPs in Spartanburg, SC

Sorted by active inventory · click a ZIP for its full report