Is Elloree, SC 29047 a buyer’s or seller’s market?

Buyer’s market 3 months ending August 31, 2026 · Source: Redfin

Elloree is a buyer’s market. With about 8.4 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Months of supply8.4Under 4 months = seller’s market
Sold above original list25%Share of sales, last 3 months
Median sale-to-list97.4%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$160▼ −10.5% vs. last year

The Elloree housing market right now

In the three months ending August 31, 2026, 25% of homes in Elloree, SC 29047 sold above their list price, the typical home went under contract in 42 days and there were 8.4 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 8 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking was about the same (25% then), homes sold faster (62 days then) and the median sale price fell 8% to $257,389. Overall, Elloree is more competitive than a year ago, so tougher for buyers.

Within Orangeburg County, homes here sell faster than in 92% of the county’s ZIP codes, and sell more often over asking than in 83%.

Nearby, buyers who want less competition could look at Branchville 29432 (0% sold over asking) or Vance 29163 (0% sold over asking), while North 29112 (27% sold over asking) is even more competitive.

Nearby markets

Bowman 29018Seller’s market $162 /sq ftBranchville 29432Balanced $107 /sq ftCope 29038Balanced $134 /sq ftCordova 29039 — /sq ft Browse all markets →

Where Elloree is

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Questions about Elloree real estate

Is Elloree a buyer’s or seller’s market?

A buyer’s market: there were 8.4 months of supply in Elloree, SC 29047 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 Elloree?

The typical home went under contract in 42 days in the latest three months.

Do homes in Elloree sell over asking?

25% of homes sold above their original list price, and the typical sale closed at 97.4% of the list price.

What are property taxes in Elloree?

About 0.65% of a home’s value a year in Orangeburg County, or roughly $2,600 on a $400,000 home.

What is the median home price in Elloree?

The median sale price was $257,389 in the three months ending August 31, 2026, about $160 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