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ELLENBORO, NC 28040

Real Estate Market Report  ·  Rutherford County
Balanced Market
April 2026  ·  Source: Realtor.com

Market Analysis

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

The ELLENBORO, NC real estate market (28040) currently shows 29 active listings, with 8 pending sales. Homes are averaging 47 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

Homes are selling faster, averaging 47 days on market compared to 77 days last year.

The median listing price has fallen 6.5% year-over-year, from $311,250 to $291,000.

Whether you are buying or selling in ELLENBORO, 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.

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Market Context

Market Context

Population: 7,061  ·  Density: 40.2/mi²  ·  Median household income: $55,634

Typical home value: $122,069  ·  Homeownership: 85.7%

Market Overview

Active Listings
29
⇧ 70.6% vs 17 last year
Pending
8
28% pending ratio
Median Price
$291,000
⇩ 6.5% vs $311,250 last year
Average Price
$348,924
⇩ 0.6% vs $351,198 last year
Days on Market
47
⇩ 39% vs 77 days last year

Price Per Square Foot

Median $/sqft
$205
⇧ 20.6% vs $170/sqft last year
Median Home Size
1,331 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 29 this year vs 17 last year
  • Days on market: 47 now vs 77 last year

Median & Average Pricing

Year over Year
  • Median: $291,000 (-6.5% YoY)
  • Average: $348,924 (-0.6% 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 24.1 miles — 599 listings ($268,036,839 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28040Ellenboro, NC 280400.0 mi23$6,584,072$215,000$286,264
28018Bostic, NC 280187.2 mi30$17,115,330$449,725$570,511
28160Spindale, NC 2816010.0 mi17$4,498,132$268,450$264,596
28114Mooresboro, NC 2811410.9 mi22$6,471,784$235,500$294,172
28090Lawndale, NC 2809011.7 mi30$10,369,290$276,000$345,643
28139Rutherfordton, NC 2813914.3 mi101$52,442,432$394,875$519,232
28169Waco, NC 2816918.0 mi1$405,000$405,000$405,000
28021Cherryville, NC 2802119.0 mi69$21,553,599$280,500$312,371
29323Chesnee, SC 2932320.0 mi163$65,629,994$345,000$402,638
28612Connelly Springs, NC 2861222.5 mi50$22,257,900$279,725$445,158
29330Cowpens, SC 2933023.3 mi31$9,179,162$276,000$296,102
28722Columbus, NC 2872223.9 mi42$43,628,004$556,000$1,038,762
29702Blacksburg, SC 2970224.1 mi20$7,902,140$321,175$395,107

Frequently Asked Questions

How many homes are for sale in ELLENBORO, NC 28040?

As of April 2026, there are 29 active listings in ELLENBORO, NC (zip code 28040), compared to 17 the prior year.

What is the median home price in ELLENBORO, NC 28040?

The median listing price in ELLENBORO, NC 28040 is $291,000 as of April 2026, a 6.5% decrease from $311,250 the prior year.

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

Homes in ELLENBORO, NC 28040 spend an average of 47 days on the market before going under contract, compared to 77 days the prior year.

Is it a seller's or buyer's market in ELLENBORO, NC 28040?

Based on current inventory and days-on-market data as of April 2026, ELLENBORO, NC 28040 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice. Homes are selling faster, averaging 47 days on market compared to 77 days last year.

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

With SELL123.com's maximum 3% commission, sellers in ELLENBORO, NC 28040 save an estimated $5,820 compared to a typical 5% commission on the median listing price of $291,000. 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.