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Land and home values in Elon, NC

Elon is a town in Alamance County, North Carolina, home to about 11,032 people. Residential land runs about $7.91 per sq ft, the typical home is worth about $400,000, and a 2-bedroom rents for about $1,720 a month, as of October 12, 2026.

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Values in Elon

Land: residential$7.91per sq ft
Land: residential$344,690per acre
Land: quarter-acre lot$86,17310,890 sq ft
Home: typical (median)$400,000value
Home: entry-level$264,000lower quartile
Home: upper-end$531,000upper quartile
Build new$157per sq ft, no land
Rent: 1-bedroom$1,590per month
Rent: 2-bedroom$1,720per month
Rent: 3-bedroom$2,180per month
Rent: 4-bedroom$2,560per month
Gross yield, 2-bed5.2%a year

Questions people ask

How much is land worth in Elon, NC?

Residential land in Elon, NC is about $7.91 per square foot, or $344,690 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $86,173. Smaller lots sell for more per square foot and large tracts for less.

What is the typical home value in Elon, NC?

The typical (median) home in Elon, NC is worth about $400,000, with entry-level homes around $264,000 and upper-end homes around $531,000, as of October 2026.

How much is rent in Elon, NC?

A 2-bedroom rents for about $1,720 a month in Elon, NC, a 1-bedroom about $1,590 and a 3-bedroom about $2,180 (gross rent including utilities, HUD Fair Market Rent basis).

Is this an appraisal?

No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.

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