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Foreclosure Homes in Elgin, SC 29045

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Elgin, SC Foreclosures

How much do homes sell for in Elgin, SC?
The average home price is currently $253,981.
In Elgin, SC, how many homes are available?
There are currently 153 active home listings available in Elgin.
What’s the average rental cost in Elgin, SC?
The average rental price in Elgin is $1,296.
What is the most expensive home in Elgin?
The most expensive home sold in Elgin had a price of $25,941,583.
What is currently the cheapest priced home in Elgin, SC?
The cheapest home for sale in Elgin is priced at $6,108.

Living in Elgin, SC

Located just northeast of Columbia, Elgin, SC, is a quaint town known for its peaceful atmosphere and close-knit community. Residents enjoy a variety of local amenities and access to outdoor recreational activities, making it an ideal place for families and retirees alike. Its proximity to the larger city of Columbia offers convenience without sacrificing the charm of a small town.

Current Market Conditions in Elgin, SC

Elgin's real estate market is experiencing steady growth as more buyers look for affordable housing options in rural settings. The demand for homes has increased due to the allure of suburban living while still being close to the city amenities of Columbia.

Recent trends indicate a shift towards single-family homes, with many buyers seeking larger properties with outdoor space, which is abundant in Elgin. The average home price has seen modest appreciation, reflecting the attractiveness of the town as a desirable location.

Home Value Estimator For Elgin, SC

There are currently 15,350 real estate properties in Elgin, SC, with a median automated valuation model (AVM) price of $223,064.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elgin, SC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elgin, SC, is $253,981.00, with the most expensive house in Elgin, SC, topping out at $25,941,583.00 and the cheapest home in Elgin, SC, clocking in at $6,108.00. In other words, there’s something for every potential homebuyer or savvy investor in Elgin, SC!

Rent Prices In Elgin, SC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elgin, SC, is on a rollercoaster ride. The average rent price in Elgin, SC, is $1,296.00. Indeed, when looking to rent in Elgin, SC, you can expect to pay as little as $560.00 or as much as $4,180.00, with the average rent median estimated to be $1,290.00. The good news is that finding an affordable and desirable property to rent in Elgin, SC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elgin, SC 29045 Foreclosures

Market Trend for Elgin, SC

Total Listings Available: 153

Market Values:

Home Prices from $6,108 to $25,941,583

Average Sales Price: $253,981

Rental Values:

Rental from $560 to $4,180

Average Rent Value: $1,296 / month

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