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Elon Market Report

$442,373

AVERAGE PRICE OF 57 HOMES

$79,566

AVERAGE PRICE OF 3 DISTRESSED HOMES

$1,390,000

AVERAGE PRICE OF 3 MULTI-MILLION DOLLAR HOMES

$357,633

AVERAGE PRICE OF 3 NEWLY BUILT HOMES

$650,000

AVERAGE PRICE OF 3 HOMES WITH A POOL

$195,000

AVERAGE PRICE OF 3 REDUCED PRICE HOMES

Average Home

Average Price $442,373
Avg Bedrooms 3.13 beds
Avg Bathrooms 2.52 baths

Average Price by Bedrooms

2 bedrooms $148,472
3 bedrooms $400,552
4 bedrooms $524,938
5 bedrooms $893,333
Elon Home Price Trends
  8/2023 7/2023 6/2023 5/2023 4/2023
Total Listings 60 55 57 51 56
Average Price $458,219 $459,424 $454,621 $432,728 $421,253
Avg Price Change -0.26% +1.06% +5.06% +2.72% +2.19%
Median Price $427,911 $431,489 $424,205 $391,262 $370,355
Med Price Change -0.84% +1.72% +8.42% +5.65% +3.46%
Avg Bedrooms 3.32 beds 3.38 beds 3.38 beds 3.44 beds 3.37 beds
Avg Bathrooms 2.64 baths 2.84 baths 2.86 baths 2.91 baths 2.75 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Alamance - West Alamance 3 $526,666 30 days
Bartlett Yancey 1 $495,000 49 days
Bartlett Yancy 2 $285,000 326 days
Caswell County Schools 1 $60,000 9 days
Northeast 1 $234,900 41 days
West Alamance 13 $468,692 127 days
Western 2 $290,500 25 days
Western Alamance 21 $519,795 112 days
Yancy 2 $282,000 38 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 57 $442,373 101 days
Distressed Homes 3 $79,566 597 days
Multi-Million Dollar Homes 3 $1,390,000 136 days
Newly Built Homes 3 $357,633 47 days
Homes with a Pool 3 $650,000 115 days
Reduced Price Homes 3 $195,000 31 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: September 29, 2023
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 2023 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 September 29, 2023
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