$185,000
- 2 Beds
- 1.5 Baths
- 980 Sq Ft
2012 S Mebane St Unit 104, Burlington, NC 27215
Lisa Shomaker Local to Coastal Realty
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Elon, North Carolina, is a small town with a rich academic history, primarily known for Elon University, a private institution that significantly influences the local culture and economy. With a population of around 11,000, the town benefits from its proximity to major employment hubs in the triangle and triad regions, enhancing job opportunities for residents. Housing options include newly built transitional-style homes on the town's outskirts and condos on the east side, with prices ranging from $190,000 to $630,000. The town features two green spaces, Beth Schmidt Park and Lawrence Slade Park, which offer amenities like nature trails, basketball courts, and special-needs accessibility. These parks host community events such as Art in the Park and Movies in the Park, contributing to the town's vibrant social scene. Downtown Elon is home to locally owned businesses, restaurants, and boutiques, fostering a close-knit community atmosphere. The Elon Farmers Market operates from April to October, supporting local vendors. Commuting is convenient with Interstate 85 providing access to Durham’s Research Triangle Park within 50 miles, and nearby cities like Burlington and Greensboro are just 5 and 20 miles away, respectively. The Bio bus system, provided by Elon University, is available for public use, enhancing local transportation options.
On average, homes in Elon, NC sell after 44 days on the market compared to the national average of 55 days. The median sale price for homes in Elon, NC over the last 12 months is $382,500, up 15% from the median home sale price over the previous 12 months.