How much is a home worth in ZIP code 29302?

The typical home in 29302 is worth $269,480, based on the Zillow Home Value Index.

Are home values rising in 29302?

Home values in 29302 are up 1.6% over the past year, and up 6.6% a year over five years.

What is the typical rent in 29302?

A typical home in 29302 rents for about $1,433 a month, a gross rental yield of 6.4%.

What is the property tax rate in 29302?

The effective property tax rate in 29302 is 0.7% — roughly $1,779 a year on a typical home.

ZIP code 29302 has a population of 19,918 and a median household income of $80,819.

HousingHandbookReference data

…

U.S. ZIP Code · SC29302

Spartanburg County · Spartanburg, SC

Typical home value

$269,480^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +1.6%
5-year / yr: +6.6%
10-year / yr: +7.5%

Relative price

vs U.S.: -5.1%
vs metro: -1.8%
vs state: +19.0%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 29302 is worth $269,480 — 1.8% below the Spartanburg, SC median. Over the past year, values have risen 1.6%. Homes here rent for a typical $1,433 a month — a 6.4% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,433^[2]
Gross yield: 6.4%^[2]
Cap rate: 3.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,779^[3]

#Climate risk

FEMA National Risk Index ratings for Spartanburg County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively Moderate^[4]
Riverine flood: Relatively Moderate
Coastal flood: Not Applicable
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively Low
Tornado: Relatively Moderate
Earthquake: Relatively Moderate
Winter weather: Relatively Low

#Who lives here

Population: 19,918^[3]
Median household income: $80,819^[3]

#Migration

Household moves in and out of Spartanburg County over a year, from IRS tax-return data.

Net migration: +3,123^[5]
Moved in: 10,433
Moved out: 7,310

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 4
Middle: 0
High: 2

Pine St. Elementary
Elementary · Grades PK–5 · Spartanburg 07
623 students
E. P. Todd School
Elementary · Grades PK–5 · Spartanburg 07
579 students
Cedar Springs Academy
Other · Grades PK–12 · Deaf & Blind School
40 students
SC School for the Deaf Elementary/Middle
Elementary · Grades PK–8 · Deaf & Blind School
39 students
SC School for the Deaf High
High · Grades 9–12 · Deaf & Blind School
26 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield6.4%

Net yield (after ~40% expenses)3.8%

Annual rent$17,196

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$1,363

Loan principal$215,584

Down payment$53,896

Total interest paid$274,966

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.21

Monthly cost to own$1,735

Monthly rent$1,433

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 38th percentile^[1]
Rental yield: 40th percentile^[2]
Property tax: 89th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 29302?: The typical home in 29302 is worth $269,480, based on the Zillow Home Value Index.
Are home values rising in 29302?: Home values in 29302 are up 1.6% over the past year, and up 6.6% a year over five years.
What is the typical rent in 29302?: A typical home in 29302 rents for about $1,433 a month, a gross rental yield of 6.4%.
What is the property tax rate in 29302?: The effective property tax rate in 29302 is 0.7% — roughly $1,779 a year on a typical home.
Who lives in 29302?: ZIP code 29302 has a population of 19,918 and a median household income of $80,819.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

29307 vs 29302 →
Spartanburg, SC
Typical home
$262,364
Gross yield
5.8%
29385 vs 29302 →
Wellford, SC
Typical home
$279,372
Gross yield
6.1%
29316
Boiling Springs CDP, SC
Typical home
$283,905
Gross yield
6.9%
29376
Roebuck CDP, SC
Typical home
$286,891
Gross yield
—
29323
Chesnee, SC
Typical home
$291,639
Gross yield
—
29388
Woodruff, SC
Typical home
$292,756
Gross yield
6.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 29302 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · SC29302

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