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Foreclosure Homes in Elkin, NC 28621

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Elkin, NC Foreclosures

How much do homes sell for in Elkin, NC?
The average home price is currently $312,439.
In Elkin, NC, how many homes are available?
There are currently 27 active home listings available in Elkin.
What’s the average rental cost in Elkin, NC?
The average rental price in Elkin is $994.
What is the most expensive home in Elkin?
The most expensive home sold in Elkin had a price of $42,856,896.
What is currently the cheapest priced home in Elkin, NC?
The cheapest home for sale in Elkin is priced at $11,293.

Living in Elkin, NC

Elkin, NC, is a picturesque town surrounded by the Blue Ridge Mountains, known for its rich history, community spirit, and outdoor recreational opportunities. Residents enjoy a welcoming atmosphere, local businesses, and well-rated schools, making it an attractive place to live for families and retirees alike.

Current Market Conditions in Elkin, NC

The current real estate market in Elkin shows moderate growth, with home values steadily increasing due to the area's desirable location and amenities. Investors can find opportunities in both residential and commercial properties, as demand rises for quality housing and business spaces.

Elkin's market is characterized by a mix of historic homes and newer constructions, catering to diverse buyer preferences. Real estate investment in this area presents a chance to capitalize on the region's upward trend and expanding appeal.

Home Value Estimator For Elkin, NC

There are currently 3,227 real estate properties in Elkin, NC, with a median automated valuation model (AVM) price of $234,098.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Elkin, NC, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Elkin, NC, is $312,439.00, with the most expensive house in Elkin, NC, topping out at $42,856,896.00 and the cheapest home in Elkin, NC, clocking in at $11,293.00. In other words, there’s something for every potential homebuyer or savvy investor in Elkin, NC!

Rent Prices In Elkin, NC

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Elkin, NC, is on a rollercoaster ride. The average rent price in Elkin, NC, is $994.00. Indeed, when looking to rent in Elkin, NC, you can expect to pay as little as $460.00 or as much as $2,630.00, with the average rent median estimated to be $930.00. The good news is that finding an affordable and desirable property to rent in Elkin, NC -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Elkin, NC 28621 Foreclosures


Market Trend for Elkin, NC

Total Listings Available: 27

Market Values:

Home Prices from $11,293 to $42,856,896

Average Sales Price: $312,439

Rental Values:

Rental from $460 to $2,630

Average Rent Value: $994 / month

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