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ELLENBORO, NC 28040

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

Market Analysis

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

The ELLENBORO, NC real estate market (28040) currently shows 30 active listings, with 9 pending sales. Homes are averaging 73 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 73 days on market compared to 53 days last year.

The median listing price has fallen 2.8% year-over-year, from $267,450 to $260,000.

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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
30
⇩ 11.8% vs 34 last year
Pending
9
30% pending ratio
Median Price
$260,000
⇩ 2.8% vs $267,450 last year
Average Price
$344,830
⇧ 15.6% vs $298,168 last year
Days on Market
73
⇧ 37.7% vs 53 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 2.3% vs $172/sqft last year
Median Home Size
1,329 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 30 this year vs 34 last year
  • Days on market: 73 now vs 53 last year

Median & Average Pricing

Year over Year
  • Median: $260,000 (-2.8% YoY)
  • Average: $344,830 (+15.6% 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 September 2026, there are 30 active listings in ELLENBORO, NC (zip code 28040), compared to 34 the prior year.

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

The median listing price in ELLENBORO, NC 28040 is $260,000 as of September 2026, a 2.8% decrease from $267,450 the prior year.

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

Homes in ELLENBORO, NC 28040 spend an average of 73 days on the market before going under contract, compared to 53 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 September 2026, ELLENBORO, NC 28040 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 73 days on market compared to 53 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 $5,200 compared to a typical 5% commission on the median listing price of $260,000. 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.