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Elroy, NC

Full City Profile · North Carolina · Greene County County

2.9 /5.0
C+ Fair
3,507 Population 536/sq mi density
$54,375 Median Income $26,721 per capita
$120,500 Home Value $428,628 Zillow
$920 Median Rent 40.8% income on rent
63°F Avg Temperature 301 sunny days/yr
899 Violent Crime/100K 6,055 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.6 / 5.0
$54,375 median income, 1.8% unemployment
A+
Affordability
5.0 / 5.0
$120,500 home value, $920/mo rent
F
Safety
1.0 / 5.0
899 violent crimes/100K (137% above avg)
C
Education
2.0 / 5.0
12.8% bachelor's degree or higher

Housing Overview

Median Home Value
$120,500
57% below
US avg: $281,900
Median Rent
$920/mo
21% below
US avg: $1,163/mo
Homeownership Rate
73.0%
12% above US avg (65.4%)
Total Housing Units
1,509
Median year built: 1978

Home Value by Source

Census Median
$120,500
Zillow (ZHVI)
$428,628
Median Sale Price
$213,500
Median List Price
$206,950
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

73.0%
Owner-Occupied
27.0%
Renter-Occupied
73%
27%
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: $920/mo

Market Indicators (Redfin)

Median Days on Market
54 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
4
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$154
Active Inventory
3
homes for sale

Affordability & Housing Stock

Rent Burden
40.8%
of renters spending 30%+ of income on housing
32% above US avg (31.0%)
Median Year Built
1978
Average age of housing stock: 48 years
Homeownership Rate
73.0%

Complete Housing Data

Home Values

Census Median Value$120,500
Zillow Home Value (ZHVI)$428,628
Median Sale Price$213,500
Median List Price$206,950
Price Per Sq Ft$154

Rent

Census Median Rent$920
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 Market54
Sale-to-List Ratio1.0%
Price Drops0.0%
Homes Sold4
Active Inventory3
Price Per Sq Ft$154

Ownership & Stock

Owner-Occupied73.0%
Renter-Occupied27.0%
Homeownership Rate73.0%
Total Housing Units1,509
Median Year Built1978
Rent Burden40.8%