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ELLENBORO, NC 28040

Real Estate Market Report  ·  Rutherford County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
21
⇧ 31.3% vs 16 last year
Pending
4
19% pending ratio
Median Price
$245,000
⇩ 30.7% vs $353,500 last year
Average Price
$293,568
⇩ 29.1% vs $413,838 last year
Days on Market
108
⇧ 80% vs 60 days last year

Market Context

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

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

Market Analysis

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

The ELLENBORO, NC real estate market (28040) currently shows 21 active listings, with 4 pending sales. Homes are averaging 108 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 108 days on market compared to 60 days last year.

The median listing price has fallen 30.7% year-over-year, from $353,500 to $245,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 21 this year vs 16 last year
  • Days on market: 108 now vs 60 last year

Median & Average Pricing

Year over Year
  • Median: $245,000 (-30.7% YoY)
  • Average: $293,568 (-29.1% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 24.2 miles — 633 listings ($309,630,453 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
28040Ellenboro, NC 280400.0 mi21$6,164,928$245,000$293,568
28018Bostic, NC 280187.2 mi30$17,337,090$475,000$577,903
28160Spindale, NC 2816010.0 mi18$5,080,752$289,000$282,264
28114Mooresboro, NC 2811410.9 mi23$6,840,269$263,000$297,403
28090Lawndale, NC 2809011.7 mi27$9,253,278$285,000$342,714
28139Rutherfordton, NC 2813914.3 mi105$53,697,210$399,000$511,402
29341Gaffney, SC 2934118.7 mi82$26,974,556$299,900$328,958
28073Grover, NC 2807319.9 mi11$2,799,368$242,000$254,488
28168Vale, NC 2816821.6 mi30$13,139,790$459,000$437,993
28761Nebo, NC 2876122.8 mi66$48,227,454$624,450$730,719
28086Kings Mountain, NC 2808623.5 mi116$47,654,540$298,000$410,815
28033Crouse, NC 2803324.0 mi10$4,002,710$390,000$400,271
28746Lake Lure, NC 2874624.2 mi94$68,458,508$599,999$728,282

Frequently Asked Questions

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

As of January 2026, there are 21 active listings in ELLENBORO, NC (zip code 28040), compared to 16 the prior year.

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

The median listing price in ELLENBORO, NC 28040 is $245,000 as of January 2026, a 30.7% decrease from $353,500 the prior year.

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

Homes in ELLENBORO, NC 28040 spend an average of 108 days on the market before going under contract, compared to 60 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 January 2026, ELLENBORO, NC 28040 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 108 days on market compared to 60 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 $4,900 compared to a typical 5% commission on the median listing price of $245,000. 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.