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Elon Home Values and Market Report

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Report prepared by Crgelite.com Axen Realty
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Market at a glance

Over the last 12 months, homes sold for 99.1% 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 · $403K Sold · $398K
$510K$430K$350K$270K
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 15 sales in Apr. Last month: 9.

Where the market stands

All homes in this report, by status.

153homes
Active42 · 27%
Under contract6 · 4%
Sold (12 mo)105 · 69%

Buyer's or seller's market?

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

4.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$416K
Under contract$570K
Sold$387K

Average days on market

Active109 days
Under contract295 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 42
Average list price $415,704
Avg. days on market 109 days
Avg. price per ft² $179 Based on 35 of 42 homes
Avg. living area 2,133 ft² Based on 35 of 42 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: 35 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
1533 Shaw Road$220
2848 Ricolden Trail$216
2823 Ricolden Trail$215

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1533 Shaw RoadElon, NC 27244 322,270$499,999$2201 day
4426 Kerrs Chapel RoadElon, NC 27244 432,007$450,000$22413 days
4010 Ralston DriveElon, NC 27244 432,555$445,000$17414 days
206 Arbor DriveElon, NC 27244 443,901$590,000$15114 days
2491 Orchid DriveElon, NC 27244 432,820$448,000$15816 days
100 Campus Walk Trail Unit #302Elon, NC 27244 331,472$198,000$13417 days
622/624 Williamson AvenueElon, NC 27244 ———$525,000—24 days
208 Ashley TraceElon, NC 27244 332,067$395,000$19128 days
2549 Ossipee Front StreetElon, NC 27244 321,577$212,000$13434 days
308 Woodland DriveElon, NC 27244 332,867$475,000$16538 days
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