Published December 31, 2025

Is Your Spartanburg Home Losing Value? The Truth Behind the Headlines

Written by Leda Othman

Headline: Is Your Spartanburg Home Losing Value? The Truth Behind the Headlines

As we wrap up the holiday season and look toward 2026, a common question is popping up in my inbox: “Leda, I keep hearing that home prices are falling. Should I be worried?”

It is easy to get caught up in national headlines, but real estate is and always will be hyper-local. If you own property in Spartanburg County or across Upstate South Carolina, there is a much more encouraging story happening behind the scenes.

1. The National Reality vs. Local Resilience

According to recent data from the National Association of Realtors (NAR) and the Federal Housing Finance Agency (FHFA), home prices are not crashing. In fact, nationally, prices are up approximately 2.1% compared to last year. While some pandemic "boom towns" are seeing slight "normalizations" (dips of 0.1% to 2%), the vast majority of the country is still seeing prices rise.

In the Upstate, we aren't seeing a collapse; we are seeing a "healthy correction." Our market remains one of the most sought-after in the Southeast due to our affordability and job growth.

2. 96% of Homeowners are Winning

One of the most powerful statistics from Zillow reminds us that 96% of homes are worth more today than what the owners originally paid. If you’ve owned your home for at least five years, you’ve likely seen your value grow by nearly 49%. Even a minor "dip" in the market is easily absorbed by the massive equity gains most Spartanburg homeowners have built since 2020. Your investment is safer than the news might lead you to believe.

3. Why Now is a Strategic Time in Spartanburg

While the holidays usually see a seasonal slowdown, this "quiet" period is actually an opportunity. With inventory levels stabilizing and interest rates showing signs of easing, serious buyers are still out searching for homes for sale in Spartanburg.

The "normalization" we are seeing isn't a sign of trouble; it’s a sign of a more balanced market where both buyers and sellers can negotiate fairly.

Get the Local Facts. Don’t make a move based on national news. If you want to know exactly what is happening in your specific neighborhood, from Duncan to Inman to Roebuck, I’m here to provide a professional equity report.