Comprehensive market data and analysis• Updated Dec 2025
12.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 4 | 7 | 26 |
| 1-2 acres | - | 3 | 6 | 15 |
| 2-5 acres | - | 4 | 14 | 18 |
| 5-10 acres | - | - | - | 4 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 2 | 3 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 11 | 29 | 66 |
Acreage buckets
The median price for land in Elgin, South Carolina is currently $49K per acre. For a typical parcel, the median sale price is $93K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $22K while premium lots reached $491K.
Elgin, South Carolina is currently a strong buyer's market with 12.0 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 95.0% year-over-year.
Elgin, South Carolina currently has 12.0 months of inventory supply. This indicates a strong buyer's market. This balanced supply gives both buyers and sellers fair opportunities.
There are currently 48 active listings in Elgin, South Carolina. 11 new listings have hit the market in the last 90 days. The median asking price is $135K.
The 3-month absorption rate in Elgin, South Carolina is 8.3%. The 12-month rate is 12.0%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Elgin, South Carolina typically sells within 62 days of listing. The median time on market is 44 days. Properties are moving at a moderate pace in the current strong buyer's market.
Over the past 12 months, Elgin, South Carolina saw 69 properties sold, totaling $13.4M in sales volume. In just the last 3 months, 12 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.