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Saturday, October 16, 2021

Your Spartanburg, SC Real Estate Questions Answered

Phots of downtown Spartanburg South Carolina

Your Spartanburg, SC Real Estate Questions Answered

Life in the Appalachian foothills is rich with natural beauty and bountiful opportunities. In Spartanburg, not only is mountain recreation at your doorstep, but you benefit from urban development and the modern conveniences it brings. For those interested in living in Spartanburg, you’ve picked a great place that suits a range of lifestyles.

Are you wondering about the real estate market in Spartanburg? We are here to provide information about what life is like living in Spartanburg and how you can find your dream home. Some common questions about Spartanburg real estate:

What is the average price of a home in Spartanburg, SC?

In October 2021, there were 176 homes for sale in Spartanburg. The median list price was $244,995. The median sales prices have been trending upward since around mid-2019. The lowest-priced property in October 2021 was for $40,000, a property ideal for the real estate investor or someone seeking a fixer-upper. At the high end of the market was a listing in Converse Heights for $1.35M with five bedrooms, 4.5 bathrooms on almost five acres.

EZ Home Search updates its database every 15 minutes with new and current listings for the most recent information on Spartanburg real estate

Are there any condos or townhomes available in Spartanburg, SC? 

Yes, you can find condominium and townhome properties in Spartanburg. These kinds of properties are not as plentiful on the market as single-family homes. In October 2021, only 12 condominiums were actively for sale. The lower end of the market started at $120,000 for two bedrooms and two-and-a-half baths, while the high end had a new construction listing for $355,000 with three bedrooms and two-and-a-half baths. A local real estate agent can help you search for the right condominium or townhouse property. 

What are Spartanburg property taxes?

All South Carolina homeowners are subject to a property tax of 4% of the assessed value for a primary residence. For non-primary residential homes, the property tax rate is 6%. Spartanburg County charges an average effective property tax rate of 0.64%. In 2020, the town of Spartanburg had a 0.1044 millage rate. City residents are also charged a stormwater and residential garbage fee with their taxes. Depending on location and school district, the various special taxing districts charged a millage between 0.3328-0.4311. 

What county is Spartanburg, SC in?

The city of Spartanburg lies in the county of the same name, Spartanburg County. This Upcountry region is known for its rolling hills and the low Appalachian Mountains. It’s on the border with North Carolina, Greenville, Cherokee, Laurens, and Union counties. It has an affordable cost of living, with an overall 80.2 cost of living index. That makes it less expensive than most of South Carolina, which reported an 88.2 overall index score.

Spartanburg has played a pivotal role in historical events, being the site of several Revolutionary War battles. It also served as a commercial and educational center for the region. It had a military training camp during World War I and World War II. Contemporary Spartanburg has several foreign trade zones which have attracted foreign industries into the area. Industry is vital for the area’s economy. Some leading employers include Denny’s, BMW Manufacturing, Sage Automotive Interiors, Michelin North America, and Amazon.com. 

Spartanburg is home to five different colleges. For this reason, Spartanburg is known as a college town. Education institutions include Wofford College, Converse College, Spartanburg Community College, University of South Carolina-Upstate, and Spartanburg Methodist College. 

As the hub for the entire Spartanburg County and the surrounding region, you’ll find a lot of festivals and events taking place throughout the year when you decide to live in Spartanburg. You also have the most choices locally when it comes to dining and lifestyle amenities.

Is Spartanburg, SC growing? 

Yes, Spartanburg is part of a growing area in South Carolina. The good news is that its growth rate is relatively stable. The US Census Data for 2020 showed that the city of Spartanburg had 38,732 residents. It added 1,719 new residents since the April 2010 census, a growth rate of 4%.

Looking at Spartanburg County, the local population was 327,997 in April 2020. The county is projected to have 331,200 residents by 2030. A study by the Upstate Alliance found that most of the people moving into the Upstate and Spartanburg area are from within South Carolina and other regions in the southeastern United States, such as Georgia and North Carolina. There were also notable gains from Texas and Florida. 

What areas are near Spartanburg, SC?

Surrounding Spartanburg is numerous small-town communities and manufacturing hubs for the region. The historic town of Inman is near Lake Bowen, providing the area with water recreation opportunities and a historic Main Street District. Greer is one of the fastest-growing cities in the region. Residents live in the foothills of the scenic Blue Ridge Mountains. 

Other small-town communities for you to explore include Boiling Springs, Woodruff, Landrum, Duncan, Campobello, Cowpens, and Pacolet.

If you follow Interstate 85 to the west, you’ll run into the city of Greenville, a popular tourist destination and another jumping-off point for outdoor mountain recreation. If you head to the east, you’ll land in Gaffney, a town known for its peaches. 

Lake Blalock and Lake Bowen are to the north of the city limits. Both of these lakes are connected to the Pacolet River, providing residents with ample water recreation.

Looking even further beyond, Spartanburg residents can be in the capital Columbia in an hour and a half car ride. Charlotte, North Carolina, is approximately the same distance by car. 

Are there any waterfront properties found in Spartanburg, SC?

You can find some waterfront property in Spartanburg, South Carolina. There are a few streams and creeks that run through the city’s borders and some retaining ponds and lakes. These waterfronts often have parks, so that limits the available residential waterfront real estate.

Some of the notable streams you will find running through Spartanburg include Fairforest Creek, Lawsons Fork, Butterfly Creek, and Halfway Branch. Several other unnamed runs flow into these creeks.

Your best bet for waterfront properties is to look outside the Spartanburg city limits into greater Spartanburg County, where you’ll find the Pacolet, Tyger, and Enoree Rivers, plus assorted lakes and reservoirs.

Is there lakefront or riverfront property in Spartanburg, SC? 

Although these listings are rare, you can find some lakefront or riverfront property in Spartanburg, South Carolina. The waterfront on these properties is often not extensive or ideal for out-the-door water recreation. In October 2021, six properties for sale had a waterfront, usually a creek adjoining the back of a property. If you are interested in finding a riverfront home, look in the Park Hills, Highland, Duncan Park, or southwestern areas.

How is golf in Spartanburg, SC?

If you are interested in keeping your golf skills sharp and enjoy scenic views during your play, you have options in Spartanburg. There are four golf courses within the city, and another 14 are located within 20 miles of Spartanburg. These include public, semi-private, and private courses.

The Country Club of Spartanburg is a private course located just four miles from the city center. Having hosted the Carolinas PGA, Carolinas Open, and SCGA Championship, it is a popular course with 18 holes and over 6,239 yards of play. 

The highest-rated is The Creek Golf Club, a public course with 18 holes and 6,653 yards. The Carolina Country Club has a private course seven miles from Spartanburg’s center with 18 holes and 6,875 yards. The longest course is at Woodfin Ridge Golf Course, at 7,022 yards.

Heddles Hideaway Golf Course is another popular course in the greater Spartanburg area, designed by George Cobb, creator of Augusta National’s Par-3 course. It offers 18 holes and 6,190 yards of play.

Are there golf course communities in Spartanburg, SC? 

If you are interested in Spartanburg’s golf course community lifestyle, your best bet is the Woodfin Ridge Community, which is built around the Woodfin Ridge Golf Club. Some lots overlook the course, and some have a waterfront along a creek. The Woodfin Ridge Golf Course has a clubhouse with a full-service restaurant, bar & grill, junior Olympic-size swimming pool, playground, and tennis courts.

You can also find some golf course community homes near The Carolina Country Club. The clubhouse also offers tennis, fitness, swimming, and dining options. The area is an ungated community.

Your Spartanburg Real Estate Questions

Is there anything else you would like to know about Spartanburg real estate? We seek to be your resource about all things real estate for South Carolina. Please send what you want to know our way, and we will find the answer. 

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Preston Guyton

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