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Elon Market Report

$292,235

AVERAGE PRICE OF 41 HOMES

$120,000

AVERAGE PRICE OF 1 DISTRESSED HOMES

$1,067,000

AVERAGE PRICE OF 1 MULTI-MILLION DOLLAR HOMES

$264,831

AVERAGE PRICE OF 7 NEWLY BUILT HOMES

$315,000

AVERAGE PRICE OF 1 HOMES WITH A POOL

$97,500

AVERAGE PRICE OF 1 REDUCED PRICE HOMES

Average Home

Average Price $292,235
Avg Bedrooms 2.9 beds
Avg Bathrooms 2.46 baths

Average Price by Bedrooms

2 bedrooms $286,633
3 bedrooms $248,787
4 bedrooms $330,572
5 bedrooms $470,300
Elon Home Price Trends
  2/2021 1/2021 12/2020 11/2020 10/2020
Total Listings 40 79 99 96 80
Average Price $281,653 $276,378 $272,512 $289,603 $274,122
Avg Price Change +1.91% +1.42% -6.27% +5.65% -2.72%
Median Price $249,785 $252,448 $239,427 $257,512 $254,855
Med Price Change -1.07% +5.44% -7.55% +1.04% +3.21%
Avg Bedrooms 2.86 beds 3.02 beds 3.03 beds 3 beds 2.98 beds
Avg Bathrooms 2.41 baths 2.43 baths 2.34 baths 2.36 baths 2.33 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
E. Guilford 1 $435,000 161 days
Ne Guilford 1 $194,500 218 days
Western Alamance 31 $296,121 120 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 41 $292,235 117 days
Distressed Homes 1 $120,000 200 days
Multi-Million Dollar Homes 1 $1,067,000 565 days
Newly Built Homes 7 $264,831 161 days
Homes with a Pool 1 $315,000 2 days
Reduced Price Homes 1 $97,500 313 days
Heart of Carolina Homes
Sherrie Osborne
309 Arlington Avenue
Burlington, NC 27215
336-508-4315

Information is provided exclusively for consumers’ personal use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable, but is not guaranteed accurate by the MLS. Last updated: March 7, 2021
Information Deemed Reliable But Not Guaranteed.
Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database. Copyright 2021 Triangle MLS, Inc. of North Carolina. All rights reserved. Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property.” Listings were last updated March 7, 2021
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