Spartanburg County Homes from $100,000 to $125,000

Today we will look at Spartanburg county homes priced in the $100,000 to $125,000 price range.  This is a range of homes attractive to first time home buyers and budget priority households. (note – this does not mean lack of money, I myself live in a house much below what I am able to afford).  It is the 3rd largest price segment of Spartanburg homes for sale.  To generalize this and the next few Spartanburg price segments we look at will be a good gage of “working America” and the economy as a whole.  As you will see every segment will give us insight into our local economy and together paint a great picture of the current state of real estate in the Spartanburg and Boiling Springs areas.

If you are selling a home in this price segment you are competing with 342 other homes (of course not all homes are competing directly with your Spartanburg area home) with a sales rate of 421 homes per year.  This breaks out to 35 Spartanburg area homes selling per month resulting in a 9.78 month supply of homes on the market.  This means that if not another home was offered for sale the current homes on the market would accommodate home buyers for the next 10 months!

Of course we know there will be more Spartanburg area homes coming onto the market every day and homes selling everyday.  Our hope is that the rate of sales out paces the rate of people selling their Spartanburg real estate from $100,000 to $125,000.

Again, the best homes sell the fastest.  “Best” is a relative term and is a combination of “product”, your property, and price.  The best home, if priced incorrectly, will not sell quickly.

Buying a home in this price range demands attention to other areas that you cannot control more so then the higher price levels we will look at later.  For example, while you might keep your yard nicely manicured it might not be your neighbor’s highest priority.  Subdivision, a function of location, is even more critical in mid-level housing price ranges.

If you would like to sell or buy a home in the Spartanburg and Boiling Springs market in this price range there are specific things you can do to improve your chances of selling and making sure you buy correctly.  I can make sure all those “things” are considered. Search here for Boiling Springs homes priced $100,000 to $125,000.

Next we will look at the $125,000 to $150,000 price range segment of homes for sale in Spartanburg, SC