The median home in Elon, North Carolina is valued at $343,367, up 1.0% year over year. Typical monthly rent is $625, producing a price-to-rent ratio of 45.8x — well above the national average of 18x. Elon is part of the Burlington, NC metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$343,367

+1.0%

Rent$625/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Elon.

Income (annual)

Down Payment

$68,673 on $343,367

Example: $75,000 household income. Change it above to see your own.

Stretch34% of income

Above 28% but manageable with cuts.

PITI$2,127

P/I34%

Afford$283K

Gap-$61K

P&I $1,736Tax $240Ins $150

Renting $1,502/mo cheaper ($625 rent)6.50% 30yr, 20% down, county tax + NC ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in North Carolina

Compare Elon with other housing markets across North Carolina.

Wrightsville Beach$1.64M Bald Head Island$1.36M Cashiers$1.34M Marvin$1.23M Weddington$1.04M Highlands$1.02M Duck$978K Topsail Beach$927K

Full Burlington, NC analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Burlington, NC metro.

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Elon, NC