Call or Text (240) SELL-123
Altamahaw

ELON, NC 27244

Real Estate Market Report  ·  Alamance County
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The ELON, NC real estate market (27244) currently shows 48 active listings, with 20 pending sales. Homes are averaging 44 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are selling faster, averaging 44 days on market compared to 83 days last year.

The median listing price has fallen 19.8% year-over-year, from $435,000 to $348,950.

Whether you are buying or selling in ELON, NC, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for ELON, NC 27244 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 16,092  ·  Density: 115.5/mi²  ·  Median household income: $65,747

Typical home value: $242,821  ·  Homeownership: 74.8%

Market Overview

Active Listings
48
⇧ 14.3% vs 42 last year
Pending
20
42% pending ratio
Median Price
$348,950
⇩ 19.8% vs $435,000 last year
Average Price
$385,212
⇩ 14.3% vs $449,400 last year
Days on Market
44
⇩ 47% vs 83 days last year

Price Per Square Foot

Median $/sqft
$201
⇧ 5.8% vs $190/sqft last year
Median Home Size
1,799 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 48 this year vs 42 last year
  • Days on market: 44 now vs 83 last year

Median & Average Pricing

Year over Year
  • Median: $348,950 (-19.8% YoY)
  • Average: $385,212 (-14.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.5 miles — 759 listings ($303,945,553 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
27244Elon, NC 272440.0 mi43$17,351,102$375,000$403,514
27249Gibsonville, NC 272496.4 mi89$31,067,942$325,000$349,078
27301McLeansville, NC 2730112.2 mi20$6,115,820$293,750$305,791
27320Reidsville, NC 2732013.1 mi141$42,563,952$275,650$301,872
27379Yanceyville, NC 2737913.7 mi11$3,822,280$269,575$347,480
27258Haw River, NC 2725815.4 mi33$12,471,492$354,500$377,924
27326Ruffin, NC 2732617.1 mi9$2,899,557$289,975$322,173
27455Greensboro, NC 2745518.0 mi114$69,844,038$441,175$612,667
27401Greensboro, NC 2740118.5 mi62$23,045,772$224,975$371,706
27253Graham, NC 2725319.1 mi177$70,793,274$386,996$399,962
27283Julian, NC 2728319.9 mi12$7,664,004$539,000$638,667
27315Providence, NC 2731520.9 mi8$2,260,560$324,900$282,570
27403Greensboro, NC 2740321.5 mi40$14,045,760$287,475$351,144

Frequently Asked Questions

How many homes are for sale in ELON, NC 27244?

As of March 2026, there are 48 active listings in ELON, NC (zip code 27244), compared to 42 the prior year.

What is the median home price in ELON, NC 27244?

The median listing price in ELON, NC 27244 is $348,950 as of March 2026, a 19.8% decrease from $435,000 the prior year.

How long do homes stay on the market in ELON, NC?

Homes in ELON, NC 27244 spend an average of 44 days on the market before going under contract, compared to 83 days the prior year.

Is it a seller's or buyer's market in ELON, NC 27244?

Based on current inventory and days-on-market data as of March 2026, ELON, NC 27244 is currently a Balanced Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are selling faster, averaging 44 days on market compared to 83 days last year.

How much can I save on real estate commission in ELON, NC?

With SELL123.com's maximum 3% commission, sellers in ELON, NC 27244 save an estimated $6,979 compared to a typical 5% commission on the median listing price of $348,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.