42Alpha

Spartanburg, SC metro area Housing Market Brief

metro · as of May 2026

Balanced

What is Spartanburg, SC metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
-1.742
Inventory Health25%
-5.941
Affordability20%
38
Economic Strength20%
No data
50
Rental Yield15%
39

Where is Spartanburg, SC metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Spartanburg, SC metro area is classified as Decliningcooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

Spartanburg, SC metro area housing market data

MetricValueYoY
Median Sale Price$289K▲ +3.3%
Median Days on Market59 days-7.8%
Months of Supply3.8▲ +22.6%
Homes for Sale2,259-6.4%
Homes Sold598-22.8%
Median Price / Sq Ft$155▲ +0.7%
Sale-to-List Ratio98.9%▲ +0.3%

How has Spartanburg, SC metro area’s Alpha Score moved?

Now: 42
4-period trend
Median sale price · 12 mo

Markets like Spartanburg, SC metro area

Frequently asked questions

Is Spartanburg, SC metro area a buyer's or seller's market?

As of May 2026, Spartanburg, SC metro area is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Spartanburg, SC metro area?

The median sale price in Spartanburg, SC metro area is $289K, having risen 3.3% over the past year.

How affordable is Spartanburg, SC metro area?

Spartanburg, SC metro area scores 38 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Spartanburg, SC metro area's Alpha Score?

Spartanburg, SC metro area's strongest dimension is Economic Strength (50/100) and its weakest is Affordability (38/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Spartanburg, SC metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.