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Featured local agent — Ellerbe, NC
Sarah Mitchell
Compass Real Estate · Ellerbe, NC
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Ellerbe, NC Housing Market & Real Estate
Housing market overview · Updated monthly ·
$161,000median sale price
How is the Ellerbe, NC housing market right now?
The median home sale price in Ellerbe, NC is $161,000, up 13.4% year-over-year. Homes sell in an average of 80 days with 2 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of April 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Ellerbe a buyer's or seller's market?
Ellerbe, NC is currently a seller's market, based on 1.0 months of supply and homes selling in about 80 days. How we determine this →
Homes sold
2
Last 12 weeks
Days on market
80
Average pace
Active listings
2
1.0 months supply
Sale-to-list
99.0%
Below asking
What does the Ellerbe housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $161,000 |
| Median list price | $139,400 |
| Year-over-year price change | +13.4% |
| Average days on market | 80 days |
| Active inventory | 2 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 99.0% |
| Median price per sq ft | $149/sq ft |
| Homes sold (latest month) | 2 |
| New listings (latest month) | 2 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Ellerbe by property type?
How the Ellerbe, NC market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $161,000 | $149/sq ft | 2 | 80 days |
Source: Redfin · Updated monthly
The Ellerbe housing market is currently classified as a seller's market with a median sale price of $161,000. Prices have risen 13.4% compared to last year, with homes spending an average of 80 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.0x provides context for how home values compare to local earning capacity.
Homes for sale in Ellerbe
There are currently 2 homes listed for sale in Ellerbe, North Carolina. The median listing price is $139K.
Active listings
2
Homes on market
Median list price
$139K
Avg. days on market
80
Days until sale
New this week
2
Newly listed
Who lives in Ellerbe?
Population
1,070
Median income
$48,404/yr
Median age
31.5 years
Owner-occupied
69.3%
College grads
14.8%
Avg commute
38.2 min
Source: U.S. Census Bureau ACS
What are homes worth in Ellerbe?
Zillow home value
$144,856
Price-to-income
3.0x
Source: Zillow Research
What is it like to live in Ellerbe?
Ellerbe is a community of approximately 1K residents with a median age of 31.5 years.The median household income is $48,404, which represents a working-class community with solid middle-income opportunities. 14.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 38.2 minutes, which suggests a more suburban or rural location for those willing to commute longer distances.Overall, Ellerbe offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Ellerbe?
2 schools tracked · 615 students
The largest public schools serving Ellerbe, NC by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Mineral Springs Elementary
Grades PK-5 · 413 students
Ellerbe Middle
Grades 6-8 · 202 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Ellerbe, NC?
Want a head-to-head view? Compare Ellerbe side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Ellerbe?
The median home sale price in Ellerbe is $161,000, up 13.4% from last year.
How long do homes stay on market in Ellerbe?
Homes typically spend 80 days on market before going under contract.
What is the median income in Ellerbe?
The median household income is $48,404 per year.
Is Ellerbe a buyer's or seller's market?
With 1.0 months of supply, Ellerbe is currently a seller's market.
What is the Zillow home value estimate for Ellerbe?
The Zillow Home Value Index (ZHVI) for Ellerbe is $144,856, representing the typical home value in the area.
How much does a single-family home cost in Ellerbe?
The median single-family home price in Ellerbe, NC is $161,000 (about $149 per square foot).
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