Commercial Real Estate Market in Elgin, SC
Updated monthly: sale, lease, property records, location trend, and more… · Last update: August 31
86 active listings and 226 off-market properties in Elgin, SC.
Market Trends
Elgin, SC spans 67.9 square miles in Kershaw County, South Carolina. Figures below refresh monthly; last updated 31 August 2026.
Office
Office vacancy in Elgin, SC runs 20.2% across the South region in 2025, up from 14.4% in 2019.
Vacancy Rate % in South region
Retail
Retail vacancy in Elgin, SC runs 5.4% across the South region in 2025, down from 7% in 2020.
Vacancy Rate % in South region
Industrial
Industrial vacancy in Elgin, SC runs 7.9% across the South region in 2025, up from 6% in 2019. Nearly 2.3x the 2022 low of 3.5%.
Vacancy Rate % in South region
Multifamily
Multifamily vacancy in Elgin, SC runs 11.3% across the South region in 2025, up from 8.5% in 2022.
Vacancy Rate % in South region
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 81.8%
- Industrial 7.6%
- Commercial 7.5%
- Mixed use 3.1%
Largest Zones share of zoned land by district
Single Family Residential
Single Family Residential
Downtown Commercial
General Commercial
General Residential
Elgin, SC zones 781 acres across 8 districts. Commercial zoning covers 7.5% of zoned land, residential 81.8% and industrial 7.6%. The largest single district is Single Family Residential at 52.5%. For commercial buyers the practical constraint is that only 15.1% of land carries a commercial or industrial designation.
Single Family Residential (RS-1)
RS-1, Single-family Residential District. The RS-1 District is intended to foster, preserve, and protect areas of the community in which the principal use of land is for detached, site built single-family dwellings, and limited residential support facilities at low densities.
Market overview
Demographics & Economy
Elgin, SC has 27,723 residents in 11,643 households. Density runs 408 people per square mile. Median household income here is $80,627 and median gross rent $1,318 a month.
27,723
Population
11,643
Households
2.4
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
67.9 sq mi
ZIP Area
408
Density / Sq Mi
$80,627
Median Household Income
$44,018
Median Earnings
$1,318
Median Rent
$241,200
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Pontiac | — | — |
| North Pointe | — | — |
| Lugoff | — | — |
| Blythewood | — | — |
Frequently Asked Questions
What zoning applies to commercial property in Elgin?
Elgin, SC zones 781 acres across 8 districts, of which 7.5% is commercial and 7.6% industrial. The largest single district is Single Family Residential at 52.5% of zoned land. RS-1, Single-family Residential District. The RS-1 District is intended to foster, preserve, and protect areas of the community in which the principal use of land is for detached, site built single-family dwellings, and limited residential support facilities at low densities. Residential zoning covers 81.8% and open space 0%.
Where does Realmo's Elgin market data come from?
Realmo compiles Elgin, SC figures from 6 recent recorded sales, 80 active sale listings, 6 active lease listings, 226 tracked off-market properties, the current Elgin zoning release. Sale and lease figures refresh monthly; vacancy annually. Last updated 31 August 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 80 active for-sale and 6 active for-lease listings in Elgin, SC. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 781 zoned acres across 8 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 August 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at South region level, retail vacancy is reported at South region level and industrial vacancy is reported at South region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 August 2026 · report a data issue
