Median price for a Spartanburg County home lower, what to know

Median price for a Spartanburg County home lower, what to know
Median price for a Spartanburg County home lower, what to know

The median home in Spartanburg County was listed for $309,141 in April, down 0.3% from the previous month’s $310,000, an analysis of data from Realtor.com shows.

Compared to April 2023, the median home list price decreased 1.8% from $314,990.

The statistics in this article only pertain to houses listed for sale in Spartanburg County, not those sold. Information on your local housing market and other helpful community data is available at data.goupstate.com.

Spartanburg County’s median home was 1,968 square feet, $164 per square foot. The price per square foot of homes for sale is down 0.1% from April 2023.

Listings in Spartanburg County moved slowly, at a median of 44 days listed compared to the April national median of 47 days on the market. In the previous month, homes had a median of 47 days on the market. Around 676 homes were newly listed on the market in April, a 19.9% ​​increase from 564 new listings in April 2023.

The median home prices issued by Realtor.com may exclude many, or even most, of a market’s homes. The cost and volume represent only single-family homes, condominiums, or townhomes. They include existing homes but exclude most new construction and pending and contingent sales.

In South Carolina, median home prices were $351,370, a slight increase from March. The median home listed for sale was 1,794 square feet, and the price was $206 per square foot.

The median home price in the United States was $429,950, a slight increase from the previous month. The median American home for sale was 1,840 square feet, costing $230 per square foot.

This report’s median home list price represents the midway point of all the houses or units listed over the given period. Experts say the median offers a more accurate view of a market than the average list price, which would mean taking the sum of all listing prices and dividing by the number of homes sold. The average can be skewed by one particularly low or high price.

The USA TODAY Network is publishing localized versions of this story on its news sites across the country, generated with data from Realtor.com. Please leave any feedback or corrections for this story here. This story was written by Ozge Terzioglu.

 
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