Housing in Elroy, NC is more affordable than the US median value, with a median value of $156,100 compared to the US median value of $338,100. On top of this affordability, its housing market has seen an impressive appreciation rate of 15.26%, well above the US appreciation rate of 8.27%. This makes Elroy a great place for those looking for an affordable home that is likely to appreciate over time.
The median home cost in Elroy is $156,100. Home appreciation the last 10 years has been 108.1%. Home Appreciation in Elroy is up 25.0%.
Average Age of Homes
- The median age of Elroy real estate is 35 years old
The Rental Market in Elroy
- Renters make up 29.3% of the Elroy population
- 2.2% of houses and apartments in Elroy, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.