29356 — Spartanburg County, South Carolina Market Snapshot
Housing market data for zip code 29356 in Spartanburg County, South Carolina. Updated monthly with median prices, days on market, and more.
Market Sales Data
42 sales in 2026 (year to date)
Median Sale Price
$369,900
Days to Sell
83
Homes Sold
42
Inventory
98
Sale-to-List
96.8%
New Listings
90
Price/SqFt
$209
Pending Sales
56
Conforming Loan Available
Most homebuyers in 29356 can comfortably use conventional financing. The median home price of $369,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
With homes sitting for 83 days on average, 29356 favors buyers. There may be opportunities to negotiate below asking price or request seller concessions for closing costs or rate buydowns.
Sale-to-List Ratio
The average home in 29356 sells for 3.2% below asking price (96.8% sale-to-list), suggesting buyers have negotiating leverage in the current market.
Conforming Loan Feasibility
Most homebuyers in 29356 can comfortably use conventional financing. The median home price of $369,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 29356 are set at the county level.
2026 Loan Limits — Spartanburg County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 29356
To purchase the median home at $369,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,984.
Monthly Payment
$2,984
Income Required
$127,888
Principal & Interest
$2,279/mo
Down Payment (5%)
$18,495
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 29356.
Estimated Monthly Payment
$2,439
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