HousingHandbookReference data

U.S. ZIP Code · SC29365

Spartanburg County · Spartanburg, SC

Typical home value

$306,768[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.0%
5-year / yr
+6.7%
10-year / yr
+7.4%

Relative price

vs U.S.
+8.0%
vs metro
+11.8%
vs state
+35.4%
ZIP 29365 location in SC
Location of ZIP 29365 in SC

Price history

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

The typical home in 29365 is worth $306,768 — 11.8% above the Spartanburg, SC median. Over the past year, values have risen 3.0%. Homes here rent for a typical $1,559 a month — a 6.1% gross rental yield. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
$1,559[2]
Gross yield
6.1%[2]
Cap rate
3.7%[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$1,769[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
14,068[3]
Median household income
$76,966[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
2
Elementary
1
Middle
1
High
0
  • Lyman Elementary

    Elementary · Grades PK–4 · Spartanburg 05

    842 students

  • D. R. Hill Middle

    Middle · Grades 7–8 · Spartanburg 05

    699 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.

Gross yield6.1%
Net yield (after ~40% expenses)3.7%
Annual rent$18,703

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.

Monthly payment$1,551
Loan principal$245,415
Down payment$61,354
Total interest paid$313,013

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.

Own : rent ratio1.25
Monthly cost to own$1,955
Monthly rent$1,559

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
48th percentile[1]
Rental yield
20th percentile[2]
Property tax
67th percentile[3]

Frequently asked

How much is a home worth in ZIP code 29365?
The typical home in 29365 is worth $306,768, based on the Zillow Home Value Index.
Are home values rising in 29365?
Home values in 29365 are up 3.0% over the past year, and up 6.7% a year over five years.
What is the typical rent in 29365?
A typical home in 29365 rents for about $1,559 a month, a gross rental yield of 6.1%.
What is the property tax rate in 29365?
The effective property tax rate in 29365 is 0.6% — roughly $1,769 a year on a typical home.
Who lives in 29365?
ZIP code 29365 has a population of 14,068 and a median household income of $76,966.

#Comparable ZIPs

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

  • Inman, SC

    Typical home
    $304,361
    Gross yield
    7.0%
  • Duncan, SC

    Typical home
    $310,260
    Gross yield
    7.4%
  • Roebuck CDP, SC

    Typical home
    $294,982
    Gross yield
  • Woodruff, SC

    Typical home
    $292,756
    Gross yield
    6.3%
  • Chesnee, SC

    Typical home
    $291,639
    Gross yield
  • Roebuck CDP, SC

    Typical home
    $286,891
    Gross yield

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