Call or Text (240) SELL-123

GAFFNEY, SC 29340

Real Estate Market Report  ·  Cherokee County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
83
⇧ 29.7% vs 64 last year
Pending
21
25% pending ratio
Median Price
$205,900
⇩ 1.9% vs $209,875 last year
Average Price
$252,490
⇧ 18.4% vs $213,210 last year
Days on Market
74
⇧ 8.8% vs 68 days last year

Market Context

Population: 20,745  ·  Density: 49.0/mi²  ·  Median household income: $40,242

Typical home value: $99,990  ·  Homeownership: 72.9%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The GAFFNEY, SC real estate market (29340) currently shows 83 active listings, with 21 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 74 days on market compared to 68 days last year.

The median listing price has fallen 1.9% year-over-year, from $209,875 to $205,900.

Whether you are buying or selling in GAFFNEY, SC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for GAFFNEY, SC 29340 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 83 this year vs 64 last year
  • Days on market: 74 now vs 68 last year

Median & Average Pricing

Year over Year
  • Median: $205,900 (-1.9% YoY)
  • Average: $252,490 (+18.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.2 miles — 770 listings ($266,984,200 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
29340Gaffney, SC 293400.0 mi83$20,956,670$205,900$252,490
29717Hickory Grove, SC 297178.8 mi6$1,573,500$255,000$262,250
29353Jonesville, SC 2935311.1 mi7$3,575,320$219,900$510,760
29341Gaffney, SC 2934111.6 mi82$26,974,556$299,900$328,958
29307Spartanburg, SC 2930713.4 mi137$46,832,628$272,875$341,844
29346Glendale, SC 2934613.9 mi2$284,900$142,450$142,450
29302Spartanburg, SC 2930215.3 mi70$28,025,340$289,000$400,362
28073Grover, NC 2807316.2 mi11$2,799,368$242,000$254,488
28152Shelby, NC 2815217.9 mi107$32,256,648$273,000$301,464
29306Spartanburg, SC 2930619.6 mi114$44,833,806$275,000$393,279
29321Buffalo, SC 2932120.0 mi4$683,000$170,750$170,750
29323Chesnee, SC 2932320.5 mi146$58,003,464$340,500$397,284
29378Una, SC 2937821.2 mi1$185,000$185,000$185,000

Frequently Asked Questions

How many homes are for sale in GAFFNEY, SC 29340?

As of January 2026, there are 83 active listings in GAFFNEY, SC (zip code 29340), compared to 64 the prior year.

What is the median home price in GAFFNEY, SC 29340?

The median listing price in GAFFNEY, SC 29340 is $205,900 as of January 2026, a 1.9% decrease from $209,875 the prior year.

How long do homes stay on the market in GAFFNEY, SC?

Homes in GAFFNEY, SC 29340 spend an average of 74 days on the market before going under contract, compared to 68 days the prior year.

Is it a seller's or buyer's market in GAFFNEY, SC 29340?

Based on current inventory and days-on-market data as of January 2026, GAFFNEY, SC 29340 is currently a Buyer's Market. Inventory has increased compared to last year, with 19 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 74 days on market compared to 68 days last year.

How much can I save on real estate commission in GAFFNEY, SC?

With SELL123.com's maximum 3% commission, sellers in GAFFNEY, SC 29340 save an estimated $4,118 compared to a typical 5% commission on the median listing price of $205,900. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.