Is Elgin, SC 29045 a buyer’s or seller’s market?
Elgin is a balanced market. With about 4.1 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 56% of U.S. ZIP codes, and #3 of 191 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Elgin housing market right now
In the three months ending August 31, 2026, 27% of homes in Elgin, SC 29045 sold above their list price, the typical home went under contract in 43 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 153 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 14%, homes sold about as fast and the median sale price rose 4% to $314,704. Overall, Elgin is more competitive than a year ago, so tougher for buyers.
Within Kershaw County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in any other ZIP code in the county. On our competition score, Elgin ranks #3 of 191 SC ZIP codes with enough sales (score 54 out of 100).
Nearby, buyers who want less competition could look at Westville 29175 (0% sold over asking) or Liberty Hill 29074 (0% sold over asking).
Run the numbers for 29045
Nearby markets
Bethune 29009Seller’s market $137 /sq ftCamden 29020Seller’s market $153 /sq ftCassatt 29032Buyer’s market $159 /sq ftLiberty Hill 29074Buyer’s market $195 /sq ft Browse all markets →Towns like Elgin nearby
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Questions about Elgin real estate
Is Elgin a buyer’s or seller’s market?
A balanced market: there were 4.1 months of supply in Elgin, SC 29045 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Elgin?
The typical home went under contract in 43 days in the latest three months.
Do homes in Elgin sell over asking?
27% of homes sold above their original list price, and the typical sale closed at 99.8% of the list price.
What are property taxes in Elgin?
About 0.47% of a home’s value a year in Kershaw County, or roughly $1,880 on a $400,000 home.
What is the median home price in Elgin?
The median sale price was $314,704 in the three months ending August 31, 2026, about $148 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology