Elko, SC Foreclosures
How much do homes sell for in Elko, SC?
The average home price is currently $183,124.
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 $507,004.
What is currently the cheapest priced home in Elko, SC?
The cheapest home for sale in Elko is priced at $17,070.
Living in Elko, SC
Elko, South Carolina is a quaint town that embodies Southern charm. It offers residents a friendly community feel, access to beautiful outdoor activities, and good educational opportunities nearby. Ideal for those seeking tranquility away from the hustle and bustle of city life.
Current Market Conditions in Elko, SC
The real estate market in Elko has seen a steady increase in activity over the past year. With its affordable housing options and a growing interest from families and retirees, more people are looking to call Elko home. Home prices remain relatively stable, making it an attractive investment opportunity for buyers and investors alike.
Trends indicate a rising demand for homes due to the town's appealing lifestyle and affordability. There have been reports of multiple offers on properties, especially for well-maintained homes, suggesting a competitive market. Despite this, average days on the market remain reasonable.
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 $87,860.00. 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 $183,124.00, with the most expensive house
in Elko, SC, topping out
at $507,004.00 and the cheapest home
in Elko, SC,
clocking in at $17,070.00. 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
