Elkin, NC

Leaning buyer's-65.3% YoY

Housing market overview · Updated weekly

$230,000median sale price

Homes sold

3

Last 12 weeks

Days on market

36

Average pace

Active listings

20

6.7 months supply

Sale-to-list

98.7%

Below asking

The Elkin housing market is currently classified as a leaning buyer's with a median sale price of $230,000. Prices have fallen 65.3% compared to last year, with homes spending an average of 36 days on market, indicating 6.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Elkin

There are currently 20 homes listed for sale in Elkin, North Carolina. The median listing price is $452K.

Active listings

20

Homes on market

Median list price

$452K

Avg. days on market

36

Days until sale

New this week

4

Newly listed

Price drops:10.0%of listings
Sale-to-list:98.7%

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Frequently asked questions

What is the average home price in Elkin?

The median home sale price in Elkin is $230,000, down 65.3% from last year.

How long do homes stay on market in Elkin?

Homes typically spend 36 days on market before going under contract.

Is Elkin a buyer's or seller's market?

With 6.7 months of supply, Elkin is currently a leaning buyer's.

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