Cheap Homes for Sale in Elgin, SC

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Elgin, SC Housing Market Overview

Elgin's housing market currently favors buyers. This gives buyers the upper hand in negotiations. With a 11-month supply of homes and an average of 180 days on the market, buyers have plenty of time to choose and significant bargaining power.

Status

Buyer's Market

Days on Market

180

Inventory

46

Sep 2021Mar 2024Mar 2026

Median Home Price

$240,000Down 0.05%

In Mar 2026 · YoY

Sep 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
46 Down 0.00%
Newly Listed Homes
1 Down 0.67%
Months of Supply
11 Up 9.20%

Housing Demand

Homes Sold
1 Down 0.00%
Sale-to-List Ratio
102.1% Up 3.09%
Homes Sold Above List
100% Up 83.33%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full Elgin Market Report
  • mls-img
    Based on information submitted to the MLS GRID from Canopy MLS through Sep 5, 2026, 7:46 PM. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal, noncommercial use. It may not be used for any purpose other than to identify prospective properties which the consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any, and as amended from time to time. ©2025 Canopy MLS. All Rights Reserved.
  • mls-imgIDX Logo
    Based on information from the Consolidated Multiple Listing Service (Alternatively, from Columbia MLS or CMLS) through Sep 5, 2026, 7:45 PM. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. © 2024 Consolidated Multiple Listing Service, Inc. All Rights Reserved.

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Elgin, SC Housing Marketlink qauare
Homes Available icon

46

Homes Available

Median List Price icon

$ 240,000

Median List Price

Avg on Market icon

180 Days

Avg on Market

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