How does the housing market look in Elon? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.
Market Insights
Elon North Carolina
Median Sale Price
$190,000
22.4%
New Listings
2
71.4%
Number of Homes Sold
1
66.7%
Median Days on Market
32
357.1%
Market Overview
All Home Types
In the last 30 days, homes for sale in Elon, NC sold for a median price of $190,000, down 22.4% compared to the same period last year. The median price per square foot was $127.52, down 21.8% year-over-year. There was one home sold, down from 3 last year.
Median
lightbulbWhat does this mean?
The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.
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Get StartedHousing Supply
All Home Types
Yesterday, the total number of homes for sale in Elon, NC was 15, up 15.4% compared to last year. In the last 30 days, 2 new homes were listed for sale, down 71.4% year-over-year. The median days on market was 32, up from 7 days last year. The months of supply was 10, up from 1.67 months last year.
lightbulbWhat does this mean?
The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.
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Start QuizHousing Demand
All Home Types
In the last 30 days, homes in Elon, NC had a median sale-to-list-price ratio of 95%, down 4.2 pt compared to the same period last year. 0% of homes sold above list price, down 33.3 pt year-over-year. 100% of homes listed dropped in price, up 100 pt from last year.
Median
lightbulbWhat does this mean?
Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.
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Cash offers are 4x more likely to be accepted.
Orchard helps you make a stronger, cash-backed offer.
Get StartedHomes For Sale In Elon
EXP Realty LLC • MLS 2493326 • Status: Active
COGU Realty Investments & Consulting LLC • MLS 2489892 • Status: Active
Keller Williams Central • MLS 2488525 • Status: Active
Coldwell Banker Advantage • MLS 2488293 • Status: Active
Vicky Hunley Real Estate • MLS 2487200 • Status: Active
Path Home, Inc. • MLS 2483225 • Status: Active
Berkshire Hathaway HomeService • MLS 2482451 • Status: Active
Keller Williams Central • MLS 2478488 • Status: Active
Keller Williams Central • MLS 2470222 • Status: Active
Keller Williams Central • MLS 2468664 • Status: Active