Home prices
Elgin's median home price is $147,100. This is approximately $20,960 (12%) lower compared to the surrounding areas.It is roughly $70,400 (32%) lower compared to the US as a whole, and is approximately $73,200 (33%) lower compared to the city of Charlotte.
Rents
The median rent in Elgin is $1,078 a month. This is roughly $13 (1%) higher in comparison to other places in this area.Compared to the entire country it is about $16 (1%) higher, and is roughly $57 (5%) lower in comparison to the city of Charlotte.
Nearby places
Lugoff
Lugoff is approximately 6 miles northeast from Elgin. Its real estate prices are fairly similar. The median home in Lugoff is valued at $147,200, which is very similar to Elgin. Rents there are a lot less expensive. Lugoff's median rent is $691 per month, which comes out to $387 (56%) lower than Elgin.
Blythewood
Blythewood is approximately 10 miles west of Elgin. The housing prices there are substantially more expensive. The cost of the median home in Blythewood is $284,900, which is $137,800 (48%) higher than Elgin. Its rents are a lot more expensive. Blythewood's median monthly rent is $1,792, which is $714 (39%) higher than Elgin.
Dentsville
Dentsville is about 10 miles southwest of Elgin. The real estate prices there are somewhat less expensive. The median home in Dentsville costs $123,600, which is $23,500 (19%) lower than Elgin. Rent there is a bit less expensive. In Dentsville the median monthly rent is $942, which works out to $136 (14%) lower than Elgin.
Woodfield
Woodfield is roughly 10 miles southwest of Elgin. Housing prices there are significantly less expensive. The median home cost in Woodfield is $103,500, which comes out to $43,600 (42%) lower than Elgin. The rent there is a little less expensive. In Woodfield the median rent is $965 per month, which is $113 (11%) lower than Elgin.
Columbia
Columbia is about 11 miles southwest from Elgin. The housing prices there are a little more expensive. The median home value in Columbia is $181,100, which is $34,000 (18%) higher than Elgin. Rent there is a bit less expensive. Columbia's median monthly rent is $933, which works out to $145 (15%) lower than Elgin.