Elko, SC Foreclosures
How much do homes sell for in Elko, SC?
The average home price is currently $185,899.
In Elko, SC, how many homes are available?
There are currently 2 active home listings available in Elko.
What’s the average rental cost in Elko, SC?
The average rental price in Elko is $1,047.
What is the most expensive home in Elko?
The most expensive home sold in Elko had a price of $479,294.
What is currently the cheapest priced home in Elko, SC?
The cheapest home for sale in Elko is priced at $17,242.
Living in Elko, SC
Elko, SC is a serene small town characterized by its welcoming community and proximity to nature. With an array of outdoor activities and nearby essential services, Elko offers a peaceful lifestyle without sacrificing convenience. Ideal for families and those seeking a slower pace, Elko captures the essence of southern charm.
Current Market Conditions in Elko, SC
The real estate market in Elko has remained steady over the past year, showing minor fluctuations in home prices. The demand for houses in the area is gradually increasing due to its appealing lifestyle and affordability compared to nearby urban areas. Buyers are attracted to the spacious properties often found in Elko, providing great value for families and individuals looking to settle down.
Elko's housing market has seen a shift towards more buyers entering the market as remote work becomes more common, allowing people to live in quieter areas. The competition is moderate, which provides opportunities for well-prepared buyers and listings that are competitively priced are receiving attention swiftly.
Home Value Estimator For Elko, SC
There are currently 18 real estate properties
in Elko, SC,
with a median automated valuation model (AVM) price
of $102,538.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Elko, 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 Elko, SC,
is $185,899.00, with the most expensive house
in Elko, SC, topping out
at $479,294.00 and the cheapest home
in Elko, SC,
clocking in at $17,242.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Elko, SC!
Rent Prices
In Elko, SC
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Elko, SC, is on
a rollercoaster ride. The
average rent price in Elko, SC,
is $1,047.00. Indeed, when looking to rent in
Elko, SC, you can expect to pay as little
as $750.00 or as much
as $1,390.00,
with the average rent median estimated to
be $1,040.00. The good news is that finding
an affordable and desirable property to rent in Elko, 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.
Learn more on Foreclosure homes
