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Spartanburg city, SC

ZIP 29302 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 29302

Median Home Value
$264,000
Median Rent
$798
Affordability Snapshot
$73,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,696/mo PITI).

12%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

3.4x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

27.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 29302 in Spartanburg city, SC, a household would need roughly $73,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $1,696. That is roughly in line with the local median household income ($77,428). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
69.8%+7% vs US avg
x
Vacancy Rate
7.0%-32% vs US avg
x
Broadband Access
88.3%+2% vs US avg
x
4+ Bedrooms
6.5%-56% vs US avg
x
Built Pre-1939
7.6%-40% vs US avg
x
Built Post-2014
1.4%-79% vs US avg
x
Rent Burden >30%
29.4%-41% vs US avg
x
Mortgage-Free
41.9%+10% vs US avg
x
$264,000
Home Value
$798
Rent
1974
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached74.1%
  • 1-unit attached3.0%
  • 2-9 units12.1%
  • 10+ units5.2%
  • Mobile home & other5.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$264,000
Median rent$798
Owner-occupied69.8%
Vacant7.0%
Price-to-income3.4x
Est. income to buy$73,000