Median price for residential apartments in as of Sep, 2021.
Remember to negotiate your price according to median sale prices. Also, take into account that the price depends on the size/amenities of the apartment.
5 Elgin, SC, USA apartments for sale
Elgin
According to statistics, the population in Elgin, SC amounts to 3,321, which shows growth 6% compared to the previous year. The median age of the city’s residents is 37. The average household income is $39,250, shifting growth 9% from the past year, and the average property value in Elgin, SC decline -3% to $113,700 throughout the year.
| Population | 3,321 |
| Median Age | 37.4 |
| Poverty Rate | 14% |
| Household Income | $39,250 |
| Number Of Employees | 1,550 |
| Median Property Value | $113,700 |
Household Income
The average household income in Elgin, SC grew from $35,848 to $39,250 in the past year. This data is an estimate based upon 1,156 households in Elgin, SC . The chart below presents how household income is distributed in Elgin, SC in comparison to the revenue allocation amid households nationally.
- USA
- Elgin, SC
Property Value
According to data from last year, the average property value in Elgin, SC shifted from $117,500 to $113,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Elgin, SC in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Elgin, SC properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
- USA
- Elgin, SC
Rent vs. Own
- Rent73%
- Own27%
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Elgin, SC compared to median property taxes around the country. The prevalent amount of property taxes in Elgin, SC equals $800, which is less than the national average.
- USA
- Elgin, SC
Housing Trends
Elgin, SC, USA Housing Trends
Average sale in Elgin: $209,000 (+3.6%)
| Apartment Size | Sep | vs Last Month |
|---|---|---|
| 3 bed apartments | $146,000 | -24.4% |
| 4+ bed apartments | $230,000 | +6.4% |
During Sep 2021, the average price for an apartment in/near Elgin, SC increased by 3.6% to $209,000.
Reports state that an average 3-bed apartment price did not change, so you can still get yourself one for $146,000. According to statistics, we now see that the 4- and more bed apartments pricing stays the same, so you can still face an estimate price around $230,000 for a big-family home.
| Listing Type | Sep | vs Last Month |
|---|---|---|
| Apartments for sale | $50,000 | -46.6% |
| Houses for sale | $146,000 | -45.2% |
| Lofts for sale | $320,000 | N/A |
While assessing the property pricing Elgin, SC, you can note that it remains flat with a price tag of $50,000. According to statistics, average house is still $146,000 with no significant changes this month. The price statistics of lofts have not significantly changed, it now still goes for $320,000.
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