Spartansburg, PA—16434
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Spartansburg, PA
As of Nov '25, the median home price in Spartansburg, PA is $171,000, with a year-over-year change of 9.1%. This indicates that home prices in Spartansburg, PA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $171,000 | 9.1% |
| Single Family | $171,000 | 11.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | N/A | N/A |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Spartansburg, PA
Spartansburg, PA lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Spartansburg, PA
As of Nov '25, Realtor.com reports that the median days on market for a home in Spartansburg, PA is 57. This is a decrease of -37.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $172,000 | 11.0% |
Listing Count | 5 | 100.0% |
| Listings as % of Homes | 0.2% | 100.0% |
Days on Market | 57 | -37.0% |
Demographics — Spartansburg, PA
As of the latest ACS Survey released in 2023, Spartansburg, PA has a population of 3,010, which has decreased by -5.0% over the past 5 years. Spartansburg, PA is a popular place for families, as children make up 36.1% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.0% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 3,010 | -5.0% |
% Under 18 | 36.1% | -4.7% |
% Seniors | 10.9% | -8.4% |
% WFH | 8.0% | 35.6% |
% w/ College Degree | 9.8% | -3.9% |
As of the latest ACS Survey released in 2023, Spartansburg, PA is a predominantly white area, with 97.2% of the population identifying as white. The white population has shrunk by 0.5% in the last 5 years. The second most common race or ethnicity in Spartansburg, PA is black, making up 1.1% of the population. Foreign-born residents account for 0.7% of the population in Spartansburg, PA, and this percentage has increased by 75.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 97.2% | -0.5% |
% Black | 1.1% | 37.5% |
% Hispanic | 0.7% | -22.2% |
% Asian | 0.1% | ∞% |
% Foreign Born | 0.7% | 75.0% |
Mortgage and Risk — Spartansburg, PA
According to HUD data as of 2023, there were 98 mortgage originations in Spartansburg, PA, of which 96.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 8.0% above 90% LTV (normal). This implies small mortgage risk in Spartansburg, PA. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 98 |
% Conventional Loans | 96.0% |
% Government Loans | 4.0% |
% Investor Loans | 2.0% |
% Second Loans | 4.0% |
% Cash Out Refinance | 8.0% |
Rentals and Section 8 — Spartansburg, PA
Spartansburg, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $780 |
| 2 Bedroom | N/A | N/A | $990 |
| 3 Bedroom | N/A | N/A | $1,290 |
| 4 Bedroom | N/A | N/A | $1,470 |
Affordability — Spartansburg, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $171,000 |
| Median Household Income | $57,900 |