48Alpha

Spartanburg, SC metro area Housing Market Brief

metro · SC · as of August 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%
-1.440
Inventory Health25%
+2.344
Affordability20%
+2.547
Economic Strength20%
69
Rental Yield15%
-1.839

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

EmergingGrowingMaturePeakingDecliningRecovering

Spartanburg, SC metro area is classified as Emerging early in its cycle, with scores climbing from a low base. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Spartanburg, SC metro area?

Our model forecasts Spartanburg, SC metro area’s home prices to rise about 1.1% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Spartanburg, SC metro area housing market data

MetricValueYoY
Median Sale Price$288K-0.6%
Median Days on Market59 days▲ +11.3%
Months of Supply4.2▲ +10.5%
Homes for Sale2,434-1.3%
Homes Sold599-11.4%
Median Price / Sq Ft$157▲ +0.2%

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

Now: 48
12-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 August 2026, Spartanburg, SC metro area is classified as a Balanced Market, based on its Alpha Score of 48 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 $288K, having fallen 0.6% over the past year.

How affordable is Spartanburg, SC metro area?

Spartanburg, SC metro area scores 47 out of 100 on affordability — moderately affordable 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 (69/100) and its weakest is Rental Yield (39/100). 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.