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Elon, NC
Full City Profile · North Carolina · Alamance County County
3.7
/5.0
B+
Good
11,325
Population
2,652/sq mi density
$82,717
Median Income
$30,639 per capita
$355,800
Home Value
$345,700 Zillow
$1,584
Median Rent
51.0% income on rent
60°F
Avg Temperature
305 sunny days/yr
66
Violent Crime/100K
671 property/100K
B+
Overall
3.7 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$82,717 median income, 1.3% unemployment
A
Affordability
4.3 / 5.0
$355,800 home value, $1,584/mo rent
F
Safety
1.0 / 5.0
66 violent crimes/100K
A+
Education
5.0 / 5.0
53.2% bachelor's degree or higher
Housing Overview
Median Home Value
$355,800
26% above
US avg: $281,900
Median Rent
$1,584/mo
36% above
US avg: $1,163/mo
Homeownership Rate
66.0%
1% above US avg (65.4%)
Total Housing Units
3,446
Median year built: 1996
Home Value by Source
Census Median
$355,800
Zillow (ZHVI)
$345,700
Median Sale Price
$425,000
Median List Price
$399,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
66.0%
Owner-Occupied
34.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$1,584/mo
· Zillow rent:
$1,135/mo
Market Indicators (Redfin)
Median Days on Market
151 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
26.1%
of listings with price reduction
Price Per Sq Ft
$165
Active Inventory
23
homes for sale
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1996
Average age of housing stock: 30 years
Homeownership Rate
66.0%
Complete Housing Data
Home Values
| Census Median Value | $355,800 |
| Zillow Home Value (ZHVI) | $345,700 |
| Median Sale Price | $425,000 |
| Median List Price | $399,000 |
| Price Per Sq Ft | $165 |
Rent
| Census Median Rent | $1,584 |
| Zillow Rent (ZORI) | $1,135 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 151 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 26.1% |
| Homes Sold | 7 |
| Active Inventory | 23 |
| Price Per Sq Ft | $165 |
Ownership & Stock
| Owner-Occupied | 66.0% |
| Renter-Occupied | 34.0% |
| Homeownership Rate | 66.0% |
| Total Housing Units | 3,446 |
| Median Year Built | 1996 |
| Rent Burden | 51.0% |