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Elon Home Values and Market Report

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Report prepared by Homesbybrg.com
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Market at a glance

Over the last 12 months, homes sold for 99.2% of list price in 109 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $461K Sold · $451K
$510K$430K$350K$270K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 15 sales in Apr. Last month: 7.

Where the market stands

All homes in this report, by status.

155homes
Active41 · 26%
Under contract7 · 5%
Sold (12 mo)107 · 69%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$414K
Under contract$568K
Sold$389K

Average days on market

Active104 days
Under contract250 days
Sold109 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 41
Average list price $414,404
Avg. days on market 104 days
Avg. price per ft² $179 Based on 34 of 41 homes
Avg. living area 2,129 ft² Based on 34 of 41 homes
Avg. beds / baths 3.2 / 2.7

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

7 homes didn’t report living area and aren’t shown.

$3M$2M$1M$0

Price vs. living area: 34 homes plotted, up to $3M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

7 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

7165 Summerdale Road$368
2916 Gibsonville Ossipee Road$237
2843 Holyfield Road$229
4426 Kerrs Chapel Road$224
2848 Ricolden Trail$216
2823 Ricolden Trail$215
2827 Ricolden Trail$214

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
Lonzie Foster TrailElon, NC 27244 ———$2,200,000—128 days
7165 Summerdale RoadElon, NC 27244 344,961$1,830,000$368110 days
206 Arbor DriveElon, NC 27244 443,901$590,000$1516 days
622/624 Williamson AvenueElon, NC 27244 ———$525,000—16 days
308 Woodland DriveElon, NC 27244 332,867$475,000$16530 days
1321 Cricket StreetElon, NC 27244 432,438$459,900$188119 days
602 Slaney Woods LaneElon, NC 27244 442,449$457,900$186145 days
2114 Scallans LaneElon, NC 27244 432,480$455,900$183168 days
4426 Kerrs Chapel RoadElon, NC 27244 432,007$450,000$2245 days
1020 Brookview DriveElon, NC 27244 433,143$450,000$14369 days
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