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7221 New Cut Rd
B- Composite 66.31
Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +25.6/30.0
  • ARV discount +15.0/15.0
  • DSCR +8.5/10.0
  • 1% rule +5.9/10.0
  • Schools +4.1/10.0
  • Rent growth +2.9/5.0
  • Condition / age +2.5/5.0
  • Livability +1.8/5.0
  • Appreciation +0.0/10.0

$154,000

7221 New Cut Rd · Gramling, SC 29349
3 bd · 1.0 ba · 1,176 sqft · SingleFamily public records · 10 Days on market
Built 1925 0.66 ac lot Est $233k · 34% under

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

Key facts

  • Quiet rural setting
  • Spacious kitchen
  • Separate workshop

Tags

MOUNTAIN VIEWSQUIET RURAL SETTINGROCKING CHAIR FRONT PORCHSPACIOUS KITCHENLARGE WALK-IN LAUNDRY ROOMSEPARATE WORKSHOP

Property features AI

Finance

  • HOA & community: No HOA fees or community amenities

Exterior

  • Parking: Circular gravel driveway; Workshop (detached or on property)
  • Utilities: Public water; Septic sewer; Electric water heater; Electric heating and cooling; No garbage pickup listed; No garage
  • Home design: Single-story residence; Approximate age 50+ years; Vinyl siding exterior; Architectural roof; Crawl space foundation
  • Construction: Vinyl siding construction; Architectural shingle roof; Crawl space foundation; Outbuilding on property
  • Exterior features: Front porch; Level lot with some trees; Outbuilding (storage)

Interior

  • Kitchen: Kitchen approx. 10 x 15; Dishwasher; Built-in microwave
  • Bedrooms: Three bedrooms on the main level; Primary bedroom on main level with full bath and separate tub (approx. 10 x 12); Second bedroom approximately 11 x 10; Third bedroom approximately 11 x 11
  • Flooring: Ceramic tile; Hardwood
  • Bathrooms: Two full bathrooms (both on main level)
  • Heating & cooling: Electric heating; Central forced air cooling (electric)
  • Interior features: Blown ceiling insulation; Open floor plan; Laundry on first floor
  • Laundry & utility: Main-level laundry

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $154k.

Deal economics

  • At list price, monthly cash flow is $362 ($4k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $154k).
  • Cap rate 9.1% vs local median 2.5% in Gramling — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 36/100 on livability (#395 in SC) — a limited-amenity area; tenant pool skews transient or value-seeking. Strengths: cost of living A+, crime A; Watch: amenities F, commute F, employment F.
  • Spartanburg 01 (rural): math 44% / reading 53% proficiency, ranked #14 of 80 in SC (top 18%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Inman Elementary (math 57% / reading 47%, grade C-, #145 of 597 statewide, top 26%, 615 students, 100% FRL) — zoned schools average 100% FRL vs 45% district-wide (55 pts higher); higher-poverty schools than district average — tighter screening recommended.
  • Market conditions: Rents rising (+1.8%/yr); 693 active listings in the ZIP; solid renter incomes; 3,129 units permitted in Spartanburg County in 2024 (40 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • Spartanburg County population projected at +18% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
  • 9 sale attempts since 20y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
  • Current owner paid $132k; 17% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

  • Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→17/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $154,000

Questions for the listing agent

  1. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
1.09%
Cap rate
9.11%
Cash-on-cash
10.07%
DSCR
1.45
GRM
7.6

CMA / ARV

ARV (on-the-fly)
$232,848
Comps found
5
Show comp detail 5 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
665 Farms Bridge Rd 0.38mi 3/2.0 1,294 (+10%) 6mo $256,000 $198 57
2011 Hannon Rd 0.31mi 2/1.0 (-1) 1,020 (-13%) 5mo $235,000 $230 54
6831 New Cut Rd 0.49mi 3/2.0 1,293 (+10%) 23mo $251,000 $194 38
6835 New Cut Rd 0.47mi 3/2.0 1,326 (+13%) 19mo $280,000 $211 37
461 Geddis Rd. Rd 0.61mi 3/1.5 1,335 (+14%) 19mo $210,000 $157 31

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.79% rent growth · sell at horizon

5-year hold
IRR
-2.5%
Equity multiple
0.91×
Total profit
$-3,956
Equity at exit
$22,962
10-year hold
IRR
5.9%
Equity multiple
1.42×
Total profit
$18,000
Equity at exit
$13,315

Cash invested: $43,120 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
90 Strongly Landlord-Friendly
State South Carolina
90 Strongly Landlord-Friendly · R+6
County
— inherits STATE
City
— inherits STATE
5-day notice; preempted; landlord-favorable.

ZIP-level market 29349

Home prices YoY
-31.8%
Rents YoY
1.8%
Active inventory
693
Price-to-rent
7.6×

Monthly cashflow live

Estimated rent
$1,682 medium interval (Pro) →
Mortgage (P&I)
$808
Tax from tax record
$95 /mo · $1,139/yr
Insurance
$64
HOA
$0
Vacancy / Maint / Mgmt
$353
Net cashflow
$362

Break-even live

Break-even rent $1,224
Max offer price $154,000
Occupancy floor 73%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$38,500
Closing costs
$4,620
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Listing history 29 events

  1. 2026-05-23
    status Pending
  2. 2026-05-12
    listed $154,000 Active
  3. 2018-01-04
    soldstatus $132,000 Sold CO-OP Member 819-char remark
    Show marketing remark (828 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  4. 2018-01-04
    soldstatus $132,000 Sold 828-char remark
    Show marketing remark (828 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  5. 2018-01-04
    soldstatus $132,000
    Show marketing remark (828 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  6. 2017-11-20
    status Pending 828-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  7. 2017-11-20
    status Pending 819-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  8. 2017-11-17
    historical Contingency Contract 828-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  9. 2017-11-17
    historical Sale with Right of Refusal 819-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  10. 2017-09-21
    status Active 828-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  11. 2017-09-21
    status Active 819-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  12. 2017-09-12
    status Pending 828-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  13. 2017-09-12
    status Pending 819-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  14. 2017-08-29
    price $134,900 828-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  15. 2017-08-29
    price $134,900 819-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  16. 2017-08-23
    listed $149,500 Active 828-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  17. 2017-08-23
    listed $149,500 Active 819-char remark
    Show marketing remark (819 chars)

    IF YOU WANT COUNTRY LIVING WITH A MOUNTAIN VIEW, THEN THIS IS IT! A great home located in a rural location with no restrictions. Totally renovated and in move in condition. New heat pump, fresh paint and beautiful wood floors. Rocking chair front porch, large kitchen has island with pendant lights and eating area around the bar that ready for bar stools. Large walk-in laundry room with built in storage. Open and airy floor plan that's great for family gatherings! There is a separate workshop thats great for a hobby or just extra storage. Large yard area that is open for a perfect garden spot. The seller has done a complete over haul on this homes components. All new electrical, new plumbing, new duct work with new Heat pump. NEW ROOF BEING INSTALLED. Beautiful location that is close to Inman and Campobello.

  18. 2017-01-13
    soldstatus $47,900
  19. 2017-01-13
    soldstatus $47,900
  20. 2016-12-15
    listed $47,900
  21. 2013-12-08
    historical
  22. 2013-06-07
    listed $95,500
  23. 2008-01-22
    soldstatus $97,000
  24. 2008-01-15
    soldstatus $97,000
  25. 2007-07-02
    listed $93,500
  26. 2007-05-14
    soldstatus $40,000
  27. 2006-11-24
    listed $45,000
  28. 1998-01-01
    soldstatus $74,000
  29. 1994-12-01
    soldstatus $28,545

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast SC · Resets to sale price

Current annual tax
$1,139 · $95/mo
Projected year-2 tax
$1,139 · $95/mo
Expected delta
$0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 17 d/yr by 30 yrs out
  • 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
  • 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 3 by 30 yrs out

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$20,182
− Mortgage interest
−$8,626
− Property taxes
−$1,139
− Insurance
−$770
− Repairs & maintenance
−$1,615
− Management
−$1,615
− Depreciation
−$4,480
Taxable income
$1,938
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$465
After-tax cash flow
$3,879/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Spartanburg 01
NCES district ID
4503480
Math proficiency
44% ▼ -11.00%
Reading proficiency
53% ▼ -1.00%
Median HH income
$44,612
Composite
41.0/100
National rank
#3590
State rank
#14 of 80 in SC

Livability — Gramling

Score
36/100
State rank
#395
US rank
#27680

Category grades

Amenities F Commute F Cost of living A+ Crime A Employment F Housing F Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

County
Spartanburg County · 258,607 people
Metro
Spartanburg, SC
Population (ZIP)
39,083
Household income
$76,168
Rent vs Own
10.8% rent · 89.2% own
Severe rent burden
271.0

Population outlook (Spartanburg County) Hauer SSP2

Today (2025)
325,495 people
By 2030
338,800 · +4.1%
By 2040
363,471 · +11.7%
By 2050
384,156 · +18.0%
By 2075
430,137 · +32.1%
By 2100
442,733 · +36.0%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (80%)
Race & ethnicity
White 80% Black 9% Hispanic / Latino 6% Two or more races 4% Asian 2%
Hispanic origin (detail)
Mexican 5%
Common ancestry
Subsaharan African 6% Serbian 3% Scotch-Irish 3%
Foreign-born
9% · Canada
Languages at home
86% English-only · Russian/Polish/Slavic 7% Spanish 3% Other Asian/Pacific 2%

Political lean MEDSL · Spartanburg

2024 margin
Solid R (+33.6) · D 32.6% · R 66.2% · Other 1.2%
2008→2024 swing
-12.0pp toward R · 2008: -21.6pp · 2024: -33.6pp
All cycles
2024: R+33.6 2020: R+27.3 2016: R+30.0 2012: R+23.1 2008: R+21.6

Not yet ingested

Civics

Market trends

HPI YoY
▼ -113.67%
Current HPI
244.0359
Rent YoY
▲ 1.79%
Metro
Spartanburg, SC
State GDP YoY
▲ 4.51%
F500 in state
2

Industry mix (Fortune 500 HQ in SC)

Industry F500 HQs Revenue

Price history

+439.5% since first listed
29 events — show timeline
  • 2026-05-23 Pending Greater Greenville MLS
  • 2026-05-12 Listed $154,000 Greater Greenville MLS
  • 2018-01-04 Sold (Public Records) $132,000 Public Records
  • 2018-01-04 Sold (MLS) $132,000 Greater Greenville MLS
  • 2018-01-04 Sold (MLS) $132,000 SPMLS
  • 2017-11-20 Pending Greater Greenville MLS
  • 2017-11-20 Pending SPMLS
  • 2017-11-17 Contingent Greater Greenville MLS
  • 2017-11-17 Contingent SPMLS
  • 2017-09-21 Relisted Greater Greenville MLS
  • 2017-09-21 Relisted SPMLS
  • 2017-09-12 Pending Greater Greenville MLS
  • 2017-09-12 Pending SPMLS
  • 2017-08-29 Price Changed $134,900 Greater Greenville MLS
  • 2017-08-29 Price Changed $134,900 SPMLS
  • 2017-08-23 Listed $149,500 Greater Greenville MLS
  • 2017-08-23 Listed $149,500 SPMLS
  • 2017-01-13 Sold (Public Records) $47,900 Public Records
  • 2017-01-13 Sold (MLS) $47,900 SPMLS
  • 2016-12-15 Listed $47,900 SPMLS
  • 2013-12-08 Listing Removed Greater Greenville MLS
  • 2013-06-07 Listed $95,500 Greater Greenville MLS
  • 2008-01-22 Sold (Public Records) $97,000 Public Records
  • 2008-01-15 Sold (MLS) $97,000 SPMLS
  • 2007-07-02 Listed $93,500 SPMLS
  • 2007-05-14 Sold (MLS) $40,000 SPMLS
  • 2006-11-24 Listed $45,000 SPMLS
  • 1998-01-01 Sold (Public Records) $74,000 Public Records
  • 1994-12-01 Sold (Public Records) $28,545 Public Records

Property tax history

+5.2%/yr

Latest (2025): $1,139 · +1.9% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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