Elon, NC
Housing market overview · Updated weekly
$425,000median sale price
Homes sold
7
Last 12 weeks
Days on market
151
Average pace
Active listings
23
3.3 months supply
Sale-to-list
99.5%
Below asking
The Elon housing market is currently classified as a balanced market with a median sale price of $425,000. Prices have fallen 5.5% compared to last year, with homes spending an average of 151 days on market, indicating 3.3 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 Elon
There are currently 23 homes listed for sale in Elon, North Carolina. The median listing price is $399K.
Active listings
23
Homes on market
Median list price
$399K
Avg. days on market
151
Days until sale
New this week
5
Newly listed
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Frequently asked questions
What is the average home price in Elon?
The median home sale price in Elon is $425,000, down 5.5% from last year.
How long do homes stay on market in Elon?
Homes typically spend 151 days on market before going under contract.
Is Elon a buyer's or seller's market?
With 3.3 months of supply, Elon is currently a balanced market.
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