Spartanburg, SC 29301 - Real Estate Investment Insights & Performance Data

Welcome to our 29301 real estate data hub, tailored for investors in Spartanburg, SC. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 29301 in Spartanburg, SC. Discover Section 8 housing opportunities and challenges to maximize your investment potential in SPARTANBURG COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Spartanburg, SC real estate investing. Uncover the wealth of information available, and position yourself for success in the Spartanburg property market.

• Location Overview

  • Zip Code: 29301
  • City: Spartanburg
  • State: SC
  • Metro Area: Spartanburg, SC
  • County Name: SPARTANBURG COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $216,812
  • Average Home Price (Single Family Homes): $218,539
  • Average Monthly Rental Price (All Types): $1,310
  • Price-to-Rent Ratio: 14
  • Zillow Projected % appreciation from 4/2023-4/2024: 2.9%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $1,070
  • Average 3 Bedroom Section 8 Rental Rates: $1,390
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 16.89
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 13
  • Number of Units Offered in Section 8 in the County: 1849
  • Number of Occupied Units in Section 8 in the County: 1772
  • Percentage of Section 8 Units Occupied in the County: 95.90000153%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 171.01
  • Total % Appreciation since 2000 (Government Data): 98.06
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): 0.44%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 8.66%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 42.1%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 68.44%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 115.42%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 96.8%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 113.46%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 1.1%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 4.85%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%