Elon Market Report
$378,354
AVERAGE PRICE OF 56 HOMES$120,000
AVERAGE PRICE OF 1 DISTRESSED HOMES$1,590,000
AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES$452,999
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $378,354 |
| Avg Bedrooms | 2.96 beds |
| Avg Bathrooms | 2.43 baths |
Average Price by Bedrooms
| 2 bedrooms | $192,000 |
| 3 bedrooms | $315,535 |
| 4 bedrooms | $433,325 |
| 5 bedrooms | $981,361 |
Elon Home Price Trends
| 11/2022 | 10/2022 | 9/2022 | 8/2022 | 7/2022 | |
|---|---|---|---|---|---|
| Total Listings | 58 | 51 | 47 | 52 | 48 |
| Average Price | $385,815 | $365,041 | $372,313 | $347,606 | $324,109 |
| Avg Price Change | +5.69% | -1.99% | +7.11% | +7.25% | n/a |
| Median Price | $336,442 | $319,714 | $323,045 | $336,161 | $336,271 |
| Med Price Change | +5.23% | -1.04% | -4.06% | -0.03% | n/a |
| Avg Bedrooms | 2.96 beds | 2.82 beds | 2.74 beds | 2.94 beds | 3.19 beds |
| Avg Bathrooms | 2.49 baths | 2.4 baths | 2.28 baths | 2.35 baths | 2.48 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Bartlett Yancey | 1 | $700,000 | 103 days |
| Bartlett Yancy | 2 | $362,000 | 204 days |
| Caswell County Schools | 1 | $700,000 | 103 days |
| Ne Guilford | 1 | $194,500 | 856 days |
| West Alamance | 15 | $357,453 | 70 days |
| Western | 4 | $341,225 | 61 days |
| Western Alamance | 29 | $389,015 | 81 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 56 | $378,354 | 92 days |
| Distressed Homes | 1 | $120,000 | 838 days |
| Multi-Million Dollar Homes | 3 | $1,590,000 | 83 days |
| Reduced Price Homes | 4 | $452,999 | 55 days |
