How much is a home worth in ZIP code 29307?

The typical home in 29307 is worth $262,364, based on the Zillow Home Value Index.

Are home values rising in 29307?

Home values in 29307 are up 2.5% over the past year, and up 6.7% a year over five years.

What is the typical rent in 29307?

A typical home in 29307 rents for about $1,259 a month, a gross rental yield of 5.8%.

What is the property tax rate in 29307?

The effective property tax rate in 29307 is 0.7% — roughly $1,899 a year on a typical home.

ZIP code 29307 has a population of 19,115 and a median household income of $65,850.

HousingHandbookReference data

…

U.S. ZIP Code · SC29307

Spartanburg County · Spartanburg, SC

Typical home value

$262,364^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +2.5%
5-year / yr: +6.7%
10-year / yr: +7.5%

Relative price

vs U.S.: -7.6%
vs metro: -4.4%
vs state: +15.8%

Price history

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

The typical home in 29307 is worth $262,364 — 4.4% below the Spartanburg, SC median. Over the past year, values have risen 2.5%. Homes here rent for a typical $1,259 a month — a 5.8% 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: $1,259^[2]
Gross yield: 5.8%^[2]
Cap rate: 3.5%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $1,899^[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: 19,115^[3]
Median household income: $65,850^[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: 8
Elementary: 3
Middle: 2
High: 3

Spartanburg High
High · Grades 9–12 · Spartanburg 07
2,205 students
McCracken Middle
Middle · Grades 6–8 · Spartanburg 07
899 students
Broome High
High · Grades 9–12 · Spartanburg 03
888 students
Drayton Mills Elementary
Elementary · Grades PK–5 · Spartanburg 07
785 students
Clifdale Middle
Middle · Grades 6–8 · Spartanburg 03
608 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 yield5.8%

Net yield (after ~40% expenses)3.5%

Annual rent$15,104

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$1,327

Loan principal$209,891

Down payment$52,473

Total interest paid$267,705

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 ratio1.35

Monthly cost to own$1,703

Monthly rent$1,259

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: 52nd percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 94th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 29307?: The typical home in 29307 is worth $262,364, based on the Zillow Home Value Index.
Are home values rising in 29307?: Home values in 29307 are up 2.5% over the past year, and up 6.7% a year over five years.
What is the typical rent in 29307?: A typical home in 29307 rents for about $1,259 a month, a gross rental yield of 5.8%.
What is the property tax rate in 29307?: The effective property tax rate in 29307 is 0.7% — roughly $1,899 a year on a typical home.
Who lives in 29307?: ZIP code 29307 has a population of 19,115 and a median household income of $65,850.

#Comparable ZIPs

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

29302 vs 29307 →
Spartanburg, SC
Typical home
$269,480
Gross yield
6.4%
29385 vs 29307 →
Wellford, SC
Typical home
$279,372
Gross yield
6.1%
29316
Boiling Springs CDP, SC
Typical home
$283,905
Gross yield
6.9%
29301
Spartanburg, SC
Typical home
$239,002
Gross yield
6.6%
29376
Roebuck CDP, SC
Typical home
$286,891
Gross yield
—
29323
Chesnee, SC
Typical home
$291,639
Gross yield
—

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

Compare ZIPs

Pit ZIP 29307 against any other ZIP — full side-by-side table.

Compare 29307 →

#Jump to section

U.S. ZIP Code · SC29307

Get more data on ZIPs like this

Get more data on ZIPs like this