ZIP 29302 Housing Market & Real Estate Update (Spartanburg, SC) — February 22, 2026
29302 – February 22, 2026 – Spartanburg, SC snapshot: Redfin shows Jan prices up YoY, inventory still active, homes taking longer to sell, and rates near 6%.
ZIP 29302 (Spartanburg, South Carolina; Spartanburg County) is showing mixed winter signals: prices are higher year over year on some trackers, but homes are taking longer to sell and closed sales look softer than last year.
Top takeaways
- Redfin’s January 2026 data shows a higher median sale price (+12.8% YoY) and higher $/sq ft (+17.1% YoY), but a slower sales pace.
- Zillow’s typical home value (ZHVI) for 29302 is $262,811 (through Jan 31, 2026) and the portal shows active for-sale inventory in the double digits.
- Mortgage rates eased again: Freddie Mac’s weekly average 30-year fixed was 6.01% as of Feb 19, 2026.
Market snapshot (latest available)
Prices: Redfin reports a median sale price of $282,000 for January 2026 in 29302, with $171 median sale price per square foot. Zillow’s ZHVI (a value index) can differ from closed-sale medians, but it’s still useful for tracking direction over time.
Tempo: Redfin shows homes averaging 63 days on market in January 2026 and 49 homes sold that month. Realtor.com’s ZIP-level dashboard (Dec 2025 reporting period) also points to a slower pace, showing 78 average days on market.
Inventory: Zillow shows 72 homes for sale in the ZIP and 14 new listings as of Jan 31, 2026. Realtor.com’s snapshot shows 92 active listings in its Dec 2025 reporting period.
Rates and what buyers are watching
With the national 30-year fixed average around 6%, affordability is still payment-driven. Locally, that often means buyers in 29302 are (1) shopping condition carefully, (2) negotiating harder on homes that have been sitting, and (3) comparing the total cost of an older home plus repairs versus a renovated option.
Rentals (quick pulse)
Realtor.com’s ZIP snapshot shows a $1,225 median rent and 21 rental listings in 29302 (Dec 2025 reporting period). If you’re renting, watch the number of similar units available week to week, because that’s where negotiating power usually shows up first.
What’s for sale nearby (no addresses)
Portal search pages for 29302 show a wide spread, from starter homes to higher-end historic neighborhoods. Two examples to illustrate today’s mix: (1) remodeled 3–4 bedroom homes in the Converse Heights area are appearing in the high-$400Ks range on Homes.com, and (2) Auction.com lists a 3-bed, 2-bath foreclosure sale in 29302 scheduled for March 2, 2026, with an estimated market value around the mid-$200Ks.
ServiceXTC: local home-service pros
We did not find ServiceXTC provider pages clearly tied to ZIP 29302 during today’s quick pull. If you’re buying or selling, the most time-sensitive help is usually a home inspector, then a roofer, HVAC contractor, electrician, and plumber for fast quotes and repair turnarounds.
Sources
- Redfin ZIP 29302 housing market
- Zillow ZIP 29302 home values
- Realtor.com ZIP 29302 market dashboard and active listings search
- Freddie Mac PMMS weekly mortgage rates
- Homes.com Converse Heights listings
- Auction.com 29302 foreclosure auction page
What are you seeing in 29302 right now — are well-priced homes moving quickly, or are buyers getting more room to negotiate?