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Elon, NC Housing

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As of 2010-2014, median price of a house in Elon is $224,400, which is higher than the state average of $153,600 and is higher than the national average of $175,700. The median year that a house in Elon was built is 1989, which is newer than the median year for a house built in the state which is 1986 and is newer than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 1,395 Owner Occupied Houses in Elon, NC, #99

Elon, NC	224,400 USD
North Carolina	153,600 USD
U.S.	175,700 USD

Median House Price Growth Since 2005-2009, see rank

Elon, NC	21.82%
North Carolina	41.83%
U.S.	46.91%

*The Elon, NC median house price growth rate is since 2005-2009. The North Carolina and U.S population growth rate is since 2000.

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	Elon, NC	North Carolina	U.S.
Total Housing Units	3,205, see rank, 100%	4,385,668	132,741,033
Occupied Housing Units	2,889, 90.14%, see rank	85.34%	87.55%
Owner Occupied	1,395, 43.53%, see rank	56.13%	56.34%
Renter Occupied	1,494, 46.61%, see rank	29.20%	31.21%
Vacant Housing Units	316, 9.86%, see rank	14.66%	12.45%
For Rent	128, 3.99%, see rank	2.65%	2.34%
For Sale Only	31, 0.97%, see rank	1.41%	1.20%
Rented or Sold, Not Occupied	65, 2.03%, see rank	0.78%	0.92%
For Seasonal, Recreational, or Occasional Use	0, 0.00%, see rank	4.81%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	92, 2.87%, see rank	4.98%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #135

Elon, NC	North Carolina	U.S.
1989	1986	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	Elon, NC	%	North Carolina	U.S.
Owner-Occupied Units	1,395	100%	2,461,741	74,787,460
With a Mortgage	827	59.28%, see rank	66.10%	65.58%
Without a Mortgage	568	40.72%, see rank	33.90%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

Elon, NC	1,672 USD
North Carolina	1,272 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	Elon, NC	%	North Carolina	U.S.
$299 or Less	0	0.00%, see rank	0.29%	0.20%
$300 to $499	19	2.30%, see rank	2.34%	1.59%
$500 to $699	18	2.18%, see rank	6.85%	5.01%
$700 to $999	20	2.42%, see rank	20.33%	14.32%
$1,000 to $1,499	283	34.22%, see rank	34.42%	27.90%
$1,500 to $1,999	161	19.47%, see rank	18.69%	20.35%
$2,000 to $2,999	211	25.51%, see rank	12.57%	19.52%
$3,000 or More	115	13.91%, see rank	4.51%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Elon, NC	20.60% of the Total Income
North Carolina	22.60% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Elon, NC	%	North Carolina	U.S.
10% or Less	66	7.98%, see rank	6.41%	5.86%
10% to 20%	330	39.90%, see rank	34.98%	31.95%
20% to 30%	218	26.36%, see rank	27.06%	27.64%
30% to 40%	131	15.84%, see rank	12.56%	13.74%
40% or More	82	9.92%, see rank	18.39%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

Elon, NC	388 USD
North Carolina	373 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	Elon, NC	%	North Carolina	U.S.
$199 or Less	143	25.18%, see rank	10.23%	7.76%
$200 to $299	64	11.27%, see rank	21.81%	14.70%
$300 to $499	218	38.38%, see rank	41.59%	34.63%
$500 to $699	104	18.31%, see rank	16.79%	21.16%
$700 or More	39	6.87%, see rank	9.58%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

Elon, NC	10.00% of the Total Income
North Carolina	11.90% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	Elon, NC	%	North Carolina	U.S.
10% or Less	357	62.85%, see rank	41.92%	40.19%
10% to 20%	95	16.73%, see rank	31.16%	31.47%
20% to 30%	87	15.32%, see rank	12.06%	12.24%
30% to 40%	9	1.58%, see rank	5.28%	5.64%
40% or More	20	3.52%, see rank	8.16%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	Elon, NC	North Carolina	U.S.
Total Housing Units	3,205, 100%	4,385,668	132,741,033
1-unit, Detached	1,979, 61.75%, see rank	65.33%	61.65%
1-unit, Attached	332, 10.36%, see rank	3.82%	5.82%
2 Units	132, 4.12%, see rank	2.14%	3.75%
3 or 4 Units	73, 2.28%, see rank	2.74%	4.43%
5 to 9 Units	192, 5.99%, see rank	4.44%	4.78%
10 or More Units	409, 12.76%, see rank	7.98%	13.08%
Mobile Home, Boat, RV, Van, etc.	88, 2.75%, see rank	13.55%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	Elon, NC	North Carolina	U.S.
Total Housing Units	3,205, 100%	4,385,668	132,741,033
1 Room	74, 2.31%, see rank	1.18%	1.95%
2 Rooms	34, 1.06%, see rank	1.51%	2.48%
3 Rooms	63, 1.97%, see rank	6.93%	9.13%
4 Rooms	514, 16.04%, see rank	17.44%	16.60%
5 Rooms	911, 28.42%, see rank	23.63%	20.41%
6 Rooms	453, 14.13%, see rank	18.81%	18.06%
7 Rooms	452, 14.10%, see rank	12.36%	12.27%
8 Rooms	173, 5.40%, see rank	8.08%	8.48%
9 Rooms or More	531, 16.57%, see rank	10.08%	10.60%
Median Rooms	5.50, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	Elon, NC	North Carolina	U.S.
Total Housing Units	3,205, 100%	4,385,668	132,741,033
No Bedroom	74, 2.31%, see rank	1.26%	2.17%
1 Bedroom	106, 3.31%, see rank	6.61%	11.16%
2 Bedrooms	879, 27.43%, see rank	26.47%	26.69%
3 Bedrooms	1,403, 43.78%, see rank	47.54%	39.70%
4 Bedrooms	537, 16.76%, see rank	14.55%	16.05%
5 or More Bedrooms	206, 6.43%, see rank	3.57%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	Elon, NC	North Carolina	U.S.
Total Housing Units	2,889, 100%	3,742,514	116,211,092
Utility Gas	1,429, 49.46%, see rank	24.68%	48.85%
Bottled, Tank, or LP Gas	30, 1.04%, see rank	8.00%	4.86%
Electricity	1,311, 45.38%, see rank	60.27%	36.68%
Fuel Oil, Kerosene, etc.	82, 2.84%, see rank	4.34%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	13, 0.45%, see rank	2.17%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	13, 0.45%, see rank	0.15%	0.47%
No Fuel Used	11, 0.38%, see rank	0.35%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	Elon, NC	North Carolina	U.S.
Occupied Units Paying Rent	1,450, 100%	1,186,631	39,201,928
$199 or Less	0, 0.00%, see rank	1.77%	1.50%
$200 to $299	29, 2.00%, see rank	3.01%	3.18%
$300 to $499	134, 9.24%, see rank	9.02%	7.37%
$500 to $699	255, 17.59%, see rank	23.78%	16.01%
$700 to $999	201, 13.86%, see rank	35.90%	29.17%
$1,000 to $1,499	359, 24.76%, see rank	21.06%	26.88%
$1,500 to $1,999	285, 19.66%, see rank	3.82%	9.79%
$2,000 or More	187, 12.90%, see rank	1.64%	6.10%
Median	$1,131, see rank	$790	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	Elon, NC	North Carolina	U.S.
Occupied Housing Units	2,889, 100%	3,742,514	116,211,092
No Vehicles Available	225, 7.79%, see rank	6.54%	9.12%
1 Vehicles Available	1,072, 37.11%, see rank	32.77%	33.80%
2 Vehicles Available	981, 33.96%, see rank	38.61%	37.48%
3 or More Vehicles Available	611, 21.15%, see rank	22.08%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.