Elon, North Carolina.
Typical home $344,099 (+0.9% in a year). Burlington, NC metro.
to buy the typical home at today's mortgage rate — +$999 (+124%) since Jan 2020.
- 1 year
- Up $3,013 +1%
- $341,085$344,099 since Sep 2025
- 5 years
- Up $72,037 +26%
- $272,061$344,099 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Elon$1,806
- North Carolina$1,743
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 15 years.
Typical home values in Elon, NC rose 0.9% over the past year — slower than the nation's +1.2%.
Living in Elon, Alamance County, North Carolina
Elon is a town of 11,336 people in Alamance County. Half its households earn more than $84,773 a year and half less, against $65,651 across Alamance County; 20% of its people live below the poverty line. 70% of its homes are lived in by their owners and 30% are rented. Unemployment in Alamance County was 3.8% in August 2026, and the county had 1.7% fewer jobs in 2025 than the year before. The most residents work in schools and health care, then restaurants and hotels.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Elon is a college town, and it feels like one: residents are much younger than in most of the country, and the university shapes daily life. Most homes are lived in by their owners, though there are more renters than you might expect in a town this size. Household incomes run well above the county's, and the share of adults with a four-year degree is high. Winters are mild, with January the coldest month and daytime temperatures staying cool but well above freezing, and summers turn hot in July. Rain and melted snow add up to a fair amount over the year.
Work. Residents work mostly in schools, hospitals and social care, followed by restaurants, hotels and entertainment, shops and manufacturing. Across Alamance County, the largest workplaces include Alamance-Burlington Schools, Elon University and UPS. The commute is short for most people, and a modest share work from home. Unemployment in the county has eased compared with a year earlier, though the county has fewer jobs than it did the year before.
Things to do. The campus of Elon University, in or beside town, doubles as a botanical garden and is pleasant for a walk, and Rhodes Stadium is also in or beside town. A short drive away, Alamance Battleground is a historic site and the Palmer Memorial Institute is a museum. For time outdoors, Cedarock Park is a protected area, also a short drive away.
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- 2,456households
- 52%of adults have a degree
- 20%below the poverty line
- 20 mintypical commute
- 12%work from home
What residents work in
Employed residents by industry, from the Census survey. Alamance County had 66,529 jobs in 2025, 1.7% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 52° and lows near 30°; warmest in July, with highs near 91° and lows near 70°. About 43 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Burlington Alamance Airport weather station, 4 miles away (NOAA).
Largest workplaces in Alamance County
- Alamance-Burlington SchoolsSchool district2,586FTE
- Elon UniversityUniversity or college1,640
- UPSCouriers and express delivery services1,323
- Alamance Regional Medical CenterGeneral hospital1,190FTE
- Alamance Community CollegeTwo-year college1,054
- GKN DrivelineDrive shafts and half shafts, automotive, truck, and bus, manufacturing654
- Sports EndeavorsApparel webbings manufacturing611
- AmazonCouriers and express delivery services577
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 139 workplaces with 20 or more staff, 20,641 people in all across the county; Elon has two of its own. School districts come from the Common Core of Data (NCES, 2023–24), colleges from IPEDS (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- LightningRelatively high
- Inland floodingRelatively high
- Ice stormsRelatively moderate
- HailRelatively moderate
- Tornadoesrelatively high in parts of ElonRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Elon’s census tracts, against the rest of the country; all of them together, relatively moderate. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Alamance County and the Burlington, NC metro.
Elon home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Elon$344,099
- North Carolina$332,159
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 3 Elon listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Elon33.53%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Elon31
New listings per month
Sellers arriving at the market.
- Elon7
Zip codes with a Elon address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Elon — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.