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Elon, NC Townhome for Sale

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    $500,000

    • 3 Beds
    • 3 Baths
    • 4,564 Sq Ft

    373 Olsen Dr, Elon, NC 27244

    Come experince luxury and spacious townhome living in this well maintained home located just minutes from Elon University. The tour starts in the open living room area with crown molding, hardwood floors, high ceilings and fire place. It continues in the gourmet kitchen equipped with granite countertops, stainless steel appliances and plenty of recessed lighting. Just off the kitchen is a

    Karla Comer Allen Tate Oak Ridge Commons

    373 Olsen Dr, Elon, NC 27244

Why Live in Elon

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.

Home Trends in Elon, NC

Housing Trends

Median Sale Price
$413,000
Median Single Family Sale Price
$413,000
Average Price Per Sq Ft
$173
Number of Homes for Sale
6
Last 12 months Home Sales
91
Months of Supply
0.80
Median List Price
$430,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
38%
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