Zip Code:

29302, Spartanburg, SC

29302 is a South Carolina Zip code within the city of Spartanburg and the county of Spartanburg County. Its population is roughly 16,855.

The Real Estate Market in the 29302 Zip Code of Spartanburg, SC

The 29302 zip code of Spartanburg, SC has a population of around 107,000 people. The median household income in this zip code is around $50,000. The average home value in this zip code is around $175,000.

There are a total of 9,853 homes in the 29302 zip code. Out of these 9,853 homes, there are 7,527 single family homes and 2,914 multi-family homes. There are also a total of 1,336 condos and townhomes in the 29302 zip code.

As you can see from the data above, the majority of homes in the 29302 zip code are single family homes. This is likely due to the fact that this area is relatively affluent and there isn't a lot of demand for multi-family housing or condos here. Additionally, there aren't many new developments being built in this area which would add more multi-family or condo units to the market.

Overall, it's evident that home values have been increasing steadily over the past few years in the 29302 zip code. This may be because there is strong demand for housing here and prices haven't gone up too much yet due to limited supply (although this could change soon). It's also worth noting that home equity values tend to be higher than home values overall because mortgages typically have lower interest rates when you have equity in your home (this is why you should always try to buy a house with as much equity as possible).

Price Index: Spartanburg, SC

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