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Spartanburg city, SC

ZIP 29307 — 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 29307

Median Home Value
$207,800
Median Rent
$807
Affordability Snapshot
$57,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$1,335/mo PITI).

16%
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.

21.5 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 29307 in Spartanburg city, SC, a household would need roughly $57,000 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 $1,335. That is roughly in line with the local median household income ($61,330). Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
69.8%+7% vs US avg
x
Vacancy Rate
10.4%+1% vs US avg
x
Broadband Access
82.5%-5% vs US avg
x
4+ Bedrooms
6.7%-55% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
1.6%-77% vs US avg
x
Rent Burden >30%
25.2%-49% vs US avg
x
Mortgage-Free
46.8%+23% vs US avg
x
$207,800
Home Value
$807
Rent
1978
Year Built
2012
Moved In

Residents have lived here since ~2012 on average

Housing Structure

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

  • 1-unit detached63.5%
  • 1-unit attached4.8%
  • 2-9 units13.0%
  • 10+ units7.8%
  • Mobile home & other10.9%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$207,800
Median rent$807
Owner-occupied69.8%
Vacant10.4%
Price-to-income3.4x
Est. income to buy$57,000