Foothills Real Estate Investors Association | Real Estate investing in the Upstate of South Carolina
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Spartanburg

Why invest in Spartanburg, SC?

  • Spartanburg was rated the top city in South Carolina to live and No. 48th nationally, by Bert Sperlings “Cities Ranked and Rated” 2007.
  • http://www.spartanburgcreativeenergy.com
  • Recognition in SmartMoney magazine that Spartanburg is one of the five best real estate buys in the country.
  • Rated by Relocate America as one of the “Top 25 Places to Live and Go to School 2007.”
  • Spartanburg was recently named as one of the 31 founding cities of the Playful City USA initiative for its long-range goal accomplishments for parks and recreation according to its master plan.
  • http://www.visitspartanburg.com

Other reasons:

  • The Southern Conference of the NCAA is headquartered in Spartanburg.
  • Historic Duncan Park Stadium is the oldest minor league baseball stadium in the country.
  • Spartanburg is a “College Town”, and it has six institutions of higher learning.
  • Some of the new developments include a nine-floor, 240-room Marriott, the world headquarters of Extended Stay Hotels, the headquarters of Advance America, and the headquarters of QS/1 Data Systems. The world headquarters of Denny’s restaurants is also located in downtown Spartanburg. Spartanburg is also home to the world headquarters and research facility for Milliken & Company. Milliken is one of the largest privately held textile and chemical manufacturers in the world.

 
The table below lists all cities (from highest home price increases to lowest) in your region, together with their cumulative home appreciation rates over selected time periods.
In addition to comparing and tracking appreciation rates for all nearby cities, you can also easily re-rank the list to identify best and worst performing cities over different time periods by clicking on the column headings.

Total Home Appreciation Rate (%) for All Cities Within South Atlantic (Top list) © 2008 HousingAlerts. com

Total Home Appreciation Rate (%)
# Location

Last Quarter Annualized

Past Year

Past 5Yrs

Past 10Yrs

1 Goldsboro, NC

23.4

7.5

27.3

46.7
2 Weirton-Steubenvill e, WV-OH

16.6

2.3

17.0

53.5
3 Spartanburg, SC

13.8

5.3

17.2

40.2
4 Augusta-Richmond County, GA-SC

10.3

5.9

39.2

62.7
5 Parkersburg- Marietta- Vienna, WV-OH

9.8

4.1

19.8

43.2
6 Rome, GA

9.3

3.4

22.2

52.7
7 Charleston, WV

9.2

4.7

22.5

42.9
8 Myrtle Beach-North Myrtle Beach-Conway, SC

9.1

2.8

65.0

102.4
9 Kingsport-Bristol- Bristol, TN-VA

8.5

3.9

35.5

63.4
10 Wilmington, NC

7.6

4.4

70.7

103.0
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