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 HOMESAverage 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 |
