Housing in Elon, NC
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$363,500
Median List Price
$410,000
Price Per Sq Ft
$165
Days on Market
16
Active Inventory
19
Months of Supply
4.8
Balanced market
Zillow Home Value
$343,367
ZHVI — January 2026
Zillow Rent Index
$625
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
50.0%
Sale-to-List Ratio
99.6%
Buyer's market
Market Activity
Source: RedfinHomes Sold
4
New Listings
9
Pending Sales
10
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$165
Median List $/SF
$168
Elon vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Elon is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$355,800
Median Rent
$1,584
Total Housing Units
3,374
Vacancy Rate
15.4%
Owner Occupied
66.0%
Renter Occupied
34.0%
Median Property Tax
$2,579
per year
Monthly Cost (w/ Mortgage)
$1,622
Housing Types
The current median sale price in Elon, NC is $363,500 according to Redfin data. Homes spend a median of 16 days on the market. 0.0% of homes sold above asking price. The market has 4.8 months of supply. The median price per square foot is $165. Zillow's observed rent index is $625/month. About 66.0% of housing units are owner-occupied. The median year homes were built is 1998. There are 3,374 total housing units.